UC Libraries are confronting an impending crisis in providing access to journals from the Nature Publishing Group (NPG). NPG has insisted on increasing the price of our license for Nature and its affiliated journals by 400 percent beginning in 2011, which would raise our cost for their 67 journals by well over $1 million dollars per year.That's a great document. They're coy (contractually required) about exactly how much NPG costs, but if their cost are jumping by well over $1,000,000 due to the increase, you could mathematically peg the old rate at at least $350-400k for 67 journals.
Amount spent for online journal licenses for UC Systemwide: $24.3 millionWelcome to your local academic library.
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posted by mandymanwasregistered at 11:32 AM on June 10, 2010 [8 favorites]