Re: Elsevier and Portico Sign Archive Partnership

["Hunter, Karen (ELS-US)" <k.hunter@elsevier.com>]

Let me add a bit about the financial arrangements underlying Portico and 
its arrangement with Elsevier.

The principle is that publishers and libraries both pay fees to 
participate in Portico.  During its three years of development, Portico 
raised three million dollars from its initial sponsors (Mellon, JSTOR and 
perhaps others) and that has been matched by the Library of Congress. 
But ongoing operations will be funded by those who join in on both sides. 
Obviously, we all hope for very widespread participation by libraries and 
publishers.

Karen Hunter
Senior Vice President
Elsevier
K.hunter@elsevier.com


-----Original Message-----
From: owner-liblicense-l@lists.yale.edu
To: Steve Hitchcock <sh94r@ecs.soton.ac.uk>; Mcsean, Tony (ELS)" =09
<T.Mcsean@elsevier.com>; liblicense-l@lists.yale.edu
<liblicense-l@lists.yale.edu>
Sent: Thu Dec 22 21:41:10 2005
Subject: RE: Elsevier and Portico Sign Archive Partnership

Dear Steve,

Thanks for your good wishes.

The financial details are confidential, for reasons I'm sure you will 
understand.

The agreement with Portico is in parallel to our agreement with the Royal 
Dutch Library.  It has been an important part of our archiving strategy to 
maximise relience and part of this is achieved by having parallel 
strategies in place.  We also, of course, have very thorough internal 
archiving and back-up procedures in place.

Tony

Tony McSean
Director of Library Relations
Elsevier
+44 7795 960516
+44 20 7611 4413

-----Original Message-----
From: Steve Hitchcock [mailto:sh94r@ecs.soton.ac.uk]
Sent: 22 December 2005 09:56
To: Mcsean, Tony (ELS); liblicense-l@lists.yale.edu
Subject: Re: Elsevier and Portico Sign Archive Partnership

Tony, I'm sure many will be reassured about plans to preserve the digital 
versions of journals. Since long-term archiving is as much an 
organisational and management issue as a technical issue, I have a few 
questions about the sustainability of the partnership:

1 What are the costs of this arrangement for a) Elsevier b) Portico?
2 What does Portico offer that the arrangement with KB does not?
3 The answer to 2 may influence this - what is the business model for the
partnership with Portico?

Steve Hitchcock Preserv Project Manager
IAM Group, School of Electronics and Computer Science
University of Southampton, SO17 1BJ, UK
Email:  sh94r@ecs.soton.ac.uk
http://preserv.eprints.org/