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This presentation was provided by Emily Farrell of The MIT Press, during the NISO event "The Power of Library Consortia: How Publishers and Libraries Can Successfully Negotiate," held on April 17, 2019.
Farrell "Publishers Navigating the Consortia Universe"
Publishers Navigating the Consortia Universe
Library Sales Executive
The benefits of working with consortia
What sort of challenges do publishers face?
What does the future look like?
MIT Press bio blurb
A large university press (AUP Group 4); annual book revenues ~$19m
But a relatively young UP: established in 1962
A unique focus on STEAM:
Computer science (machine learning & AI); linguistics & cognitive science; neuroscience & behavioral
science; economics; art & architecture; design & digital media; information science; environment & urban
The Press publishes and distributes
~230 books per year
40 journals, 11 of which are Open Access
Why work with consortia?
Push to innovate
Licensing & Invoicing
Ease of licensing: one license for a large number of institutions
E.g.Wiley and Projekt DEAL
Saves time in negotiating license details
Some consortia will manage bulk invoicing
Title reconciliation made easier by one central list for deduplication
For small to mid-sized publishers with less capacity to reach all interested libraries, a
consortium can provide easier access to a larger collection of institutions.
Consortia can be made up of smaller institutions that even a larger publisher doesn’t
have the capacity to contact directly.
Allows publishers with larger product offerings to bundle a variety of content that
appeals to more institutions
Consortia provide publishers with feedback on proposals that offer important insight
into what is happening inside libraries
Working with consortia, having consortia advocate for their libraries to us as
publishers, allows for innovation in a way that talking to single libraries directly may
At the centre is:Trust
Publishers trust consortia and libraries trust consortia
A history of working together allows publishers to feel they are getting clear and
But what are the challenges?
Some consortia models just won’t fit
Risk of a loss of opportunity
The need for individual member follow up
Small publishers still dwarfed by larger publishers
Continued collaboration and innovation: consortia being in a position to negotiate
agreements in line with policy change
Increase in local consortia