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Cost of Electronic Resources

Forwarded message:
Date: Tue, 04 Feb 97 12:50:21 EST
From: "john" <>
Subject: Re[2]: Cost of Electronic Resources

     First, thank you for setting up these discussions.  From a publisher's 
     perspective, it's interesting and helpful to hear the concerns of the 
     library community.
     Like other publishers, we're also struggling with developing an 
     adequate pricing model for libraries and institutions.  
     At American Psychiatric Press we publish a CD-ROM containing the full 
     text of 10 psychiatric journals and 12 texts, updated quarterly with 
     the new issues of journals and any new editions of the texts.  All of 
     our circulation has been to individuals, but some libraries have begun 
     purchasing the product.
     Our current pricing structure for libraries is as follows:
     One non-networked terminal in the library -- $2,000; 2-8 networked 
     terminals -- $3,000; 9+ networked terminals -- $4,000.
     As our circulation is primarily to individuals, we've not had a lot of 
     input from libraries on this pricing structure.  Is this an adequate 
     pricing structure?  Does it overlook issues important to librarians 
     and consortia?  Any feedback on this would be of great help.
     We are also planning to offer the contents of the Elecronic Library 
     online.  As we have not yet set any fees for this service, we are open 
     to your suggestions.
     John McDuffie
     American Psychiatric Press, Inc.
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