[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]
Is publisher-librarian agreement open for signature?
- To: Liblicense <firstname.lastname@example.org>
- Subject: Is publisher-librarian agreement open for signature?
- From: Paul Axel-Lute <email@example.com>
- Date: Sat, 15 Feb 2003 21:26:25 EST
- Reply-To: firstname.lastname@example.org
- Sender: email@example.com
Sally Morris's message seems to imply that the publisher-librarian agreement is presently open for signature. The only version I see on the creditors group site is labeled "draft," and my impression is that the agreement is not yet finalized. If in fact the agreement is presently open for signature, I would appreciate clarification of that. Paul Axel-Lute Deputy Director & Collection Development Librarian Rutgers University Library for the Center for Law & Justice 123 Washington St. Newark NJ 07102-3094 firstname.lastname@example.org (973) 353-3151 http://www-rci.rutgers.edu/~axellute/ fax (973) 353-1356 _____ On Fri, 14 Feb 2003, Sally Morris wrote: > As a member of the 'steering committee' which, on behalf of library and > publisher creditors, has been trying to move things along, perhaps I can > give a short summary of how things stand. > > As I'm sure you all know by now, divine (the parent company) announced > before Christmas that it was unable to fund the continuing operations of > the RoweCom subscription agency. Two other agents made offers to take > over all or part of the business, but one pulled out; EBSCO have now > signed an agreement to purchase RoweCom Europe, and look likely to do so > for the rest of the business in the very near future. > > EBSCO are honouring all the obligations of RoweCom Europe in full, which > means that publishers will receive all of their money (albeit slightly > delayed) and libraries will get their journals. However, the situation is > not quite so clear-cut for the non-European part of the business. > EBSCO's offer will not cover the entire deficit, which is thought to be > between $50 and $80m. RoweCom USA is in the process of a reconstruction > bankruptcy (the creditors' committee was recently appointed) and some more > money is likely to be recovered through this. Nevertheless, the entire > deficit is not expected to be covered, and so publishers will only receive > a proportion of the money due to them (and likewise libraries, if they > decide to cancel their orders and take them elsewhere). > > Most publishers have extended their normal grace period for EBSCO > customers while the situation is resolved. We are now very hopeful that > the majority of publishers will sign an agreement - to be issued next week > - to supply journals for the whole of 2003, on two conditions. One is > that the libraries' rights as creditors are transferred to the publishers > who agree to go on supplying journals; the other is that the libraries do > all they can to continue those subscriptions into 2004. Publishers are > also asked to retain their existing discount rate with EBSCO for the next > three years; not all are happy about this, but it's a lot better than > losing the library orders altogether. > > Libraries are also being asked to keep their business with RoweCom's > successor, EBSCO; the amount EBSCO are willing to pay will be reduced > proportionately as libraries take their business elsewhere. This means > that there will be less money available, both to pay those publishers who > are willing to go on supplying journals, and to refund to those librarians > who choose to get out. So - counter-intuitive as it may seem - not > cancelling your RoweCom orders is actually the best thing librarians can > do. > > A listserv has been set up at > <http://groups.yahoo.com/group/rowecomcreditors> and 'Files' in the > left-hand menu gives signed-up list members access to all the relevant > documents, including the agreement form mentioned above (I hope it will > also be possible to make it available at www.alpsp.org in a few days' > time). I would encourage both publishers and librarians to sign and > return it without delay. > > Thanks > > Sally Morris, Secretary-General > Association of Learned and Professional Society Publishers > South House, The Street, Clapham, Worthing, West Sussex BN13 3UU, UK
- Prev by Date: Problems with Blackwell Publishing Standard License Agreement
- Next by Date: Balancing Scientific Publication and National Security
- Prev by thread: Balancing Scientific Publication and National Security
- Next by thread: Re: Is publisher-librarian agreement open for signature?