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Greetings From Ohio. 106,765 sq km 35 th in US Pop: 11.5 M 7 th in US GDP: $373 Billion lowest pt. 132 m highest pt. 473 m. Greetings From Ohio. E-W 360 km. N-S 370 km. MEMBERS State Library 49 private liberal arts colleges 23 public two-year colleges. - PowerPoint PPT Presentation
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Greetings From Ohio
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E-W 360 km
N-S 370 km
• 106,765 sq km 35th in US
• Pop: 11.5 M 7th in US
• GDP: $373 Billion • lowest pt.132 m• highest pt. 473 m
Greetings From Ohio
MEMBERS• State Library• 49 private liberal arts
colleges• 23 public two-year colleges
• 1 standalone medical school (7 total med)
• 2 private universities
• 13 public universities
• Includes 9 law
•+499,000 FTE +130 primary delivery sites
OhioLINK viewpoint:
Consortium Electronic Book Licenses – it’s Just a Serial
Common Licensing Expectations and Techniques for E-Book
Publishers or E-book Aggregators learned from E-Journals
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E-Journal Licensing Lessons for E-books• There is only one budget for both electronic and print
book formats• Must reflect dramatic increase in content and access
per monetary unit spent• Must be a more economically sustainable model• Must reflect needs for perpetual access, archiving,
preservation• Must complement Inter-library loan systems• Must focus on current and future content• Conclusion – “Big Deal” approach works best if we
are to approach e-book licenses strategically
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Requirements for E-book Publishers• Comprehensive, predictable scope of titles• Electronic version concurrent with print• Separate the back list from front list• Pricing accounts for E-book collection plus
expected print copies – in combination• Pricing is a reasonable extrapolation of historical
group annual unit and spending levels for a comparable scope of titles
• Pricing includes additional discounts on print prices
• OhioLINK can locally load6
E-books are like Journals because…
• The number of books produced each year by publishers is often very stable
• The number of books bought by a group each year is often very stable - as measured by percent of produced books and copies bought per title
• At the very minimum, there are often stable levels and trends which can be used to estimate future behavior
• Measuring multi-year book histories is like measuring current journal subscriptions
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Determining a Group License Price Part 1
1. Measure annual print purchase history - at least 5 years for a comparable scope of titles
a. Book holdings - titles and copies by school
b. Copies/title
c. Percent of titles produced that are bought by the consortium
d. Consortium cost at net price per title
2. Extrapolate purchase history trends to determine future “Status Quo” expected value of the group’s print business with book publisher
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Determining a Group License Price Part 2
3. Create Group License Potential Cost Matrix – including both electronic and print
a. Range of potential group electronic license prices
b. Range of potential print purchase levels below the expected value of Status Quo print levels at expected discounted print prices
4. Negotiate to reasonable, sustainable win-win multi-year agreement
5. Divide electronic Group license fee among members based on shares of purchase history
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Example – Publisher #1Yearly values indexed to Annual Maximum
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Example – Publisher #1Yearly values indexed to Annual Maximum
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0%
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Valu
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Percent of titles boughtCopies per Title
Example – Publisher #1Yearly values indexed to Annual Maximum
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Example – Publisher #1Yearly values indexed to Annual Maximum
0%
10%
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Number of titles
Percent of titles boughtCopies per Title
Amount Spent
Example – Publisher #2The Status Quo Projection
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Imprint year
Titles Produced
Actual bought H M L H M L H M L
2000 2842 1862 66% 66% 66% 6.83 6.83 6.83 $1,493,819 $1,493,819 $1,493,8192001 2789 1688 61% 61% 61% 6.57 6.57 6.57 $917,982 $917,982 $917,9822002 2946 1968 67% 67% 67% 5.70 5.70 5.70 $868,882 $868,882 $868,8822003 2878 2084 72% 72% 72% 5.22 5.22 5.22 $903,316 $903,316 $903,3162004 2888 2260 78% 78% 78% 5.08 5.08 5.08 $875,293 $875,293 $875,2932005 2972 2305 78% 78% 78% 4.77 4.77 4.77 $779,702 $779,702 $779,7022006 2893 76% 72% 69% 4.43 4.44 4.45 $814,796 $774,574 $734,6192007 3037 77% 72% 67% 4.76 4.61 4.28 $937,710 $851,979 $744,1422008 3190 77% 72% 67% 4.70 4.51 4.11 $991,910 $892,669 $764,6112009 3349 77% 72% 67% 4.64 4.41 3.87 $1,043,345 $929,767 $764,0102010 3517 77% 72% 67% 4.58 4.31 3.78 $1,086,796 $958,444 $786,613
Net Titles Bought Copies per Title Expected Library Costs
Example Publisher #2 - Group License Potential Cost Matrix – includes both electronic
and print
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Drop in M level Print Copies @ % off -65%20% 30% 40% 60%$304,814 $266,712 $228,610 $152,407
1 100% $892,669 $1,197,483 $1,159,382 $1,121,280 $1,045,076134.1% 129.9% 125.6% 117.1%
2 95% $848,036 $1,152,850 $1,114,748 $1,076,646 $1,000,443129.1% 124.9% 120.6% 112.1%
3 90% $803,402 $1,108,216 $1,070,115 $1,032,013 $955,809124.1% 119.9% 115.6% 107.1%
4 85% $758,769 $1,063,583 $1,025,481 $987,379 $911,176119.1% 114.9% 110.6% 102.1%
5 80% $714,136 $1,018,949 $980,848 $942,746 $866,542114.1% 109.9% 105.6% 97.1%
6 70% $624,869 $929,683 $891,581 $853,479 $777,276104.1% 99.9% 95.6% 87.1%
7 60% $535,602 $840,416 $802,314 $764,212 $688,00994.1% 89.9% 85.6% 77.1%
8 50% $446,335 $751,149 $713,047 $674,945 $598,74284.1% 79.9% 75.6% 67.1%
Electronic Fee as a % of M Exp Lib Cost
Net Result of this Approach• Strategic objectives met – consistent with
journals and other types of materials
• Expected total cost is realistic and controlled
• Easy to regulate if units and budgets get out of balance
• Healthier for publishers – status quo trends show unit declines
• Reductions can be made to total print copies across the consortium – shelf space saved
• Access is dramatically increased via e-books16
OhioLINK Status with E-books #1• NetLibrary – several evolving models – now
inactive with +15,000 titles• Safari Tech books – annual subscription
only• Oxford Reference Online Premium – annual
subscription only• ARTFL – French Literature – annual
subscription• 15 Chadwyck-Healey American/English
Literature Collections – perpetual licenses – local load 17
Perpetual Licenses directly with Publishers with local load
• ABC-CLIO Reference
• Gale Virtual Reference Shelf – their controlled imprints
• Oxford Scholarship Online
• Oxford Digital Reference Shelf
• Sage Reference
• Springer
• Others in Negotiation – including Aggregator18
OhioLINK Status with E-books #2
