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Efficient and Effective Funding of Open Access 'Books'

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Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Dr Frances PinterPublisher, Bloomsbury Academic

bloomsburyacademic.com

Efficient and EffectiveFunding of

Open Access ‘Books’

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

eifl is working with:JSTOR Keesing’s Medline Morgan & Claypool Publishers Multi-Science Journals Collection Nature Publishing Group New England Journal of Medicine OECD–iLibrary Ovid Linksolver Ovid Nursing Database Ovid Technologies Oxford English Dictionary Online Oxford Journals Collection Oxford Reference Online Oxford Scholarship Online Palgrave Macmillan Journals Project MUSE RMIT Publishing Royal Society SAGE SPIE Digital Library Taylor & Francis Databases Taylor & Francis Encyclopedias Taylor & Francis Library Wiley InterScience Journals  

Agricola Agris Alexander Street Press AAAS American Physical Society American Psychological Association Anthropological Index Online BioOne Britannica Online: Academic Edition Burgundy Information Services CSIRO PUBLISHING Cambridge Journals Online Computing Reviews EBSCO Publishing Ebrary Emerald Group Publishing Limited Eric Future Science Group GALE Grove Art Online Grove Music Online IBSSIOP Publishing ISDInstitution of Civil Engineers

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Bloomsbury Publishing plc

London New York Berlin Doha Sydney (January 2011)

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Bloomsbury A&C Black Wisden Arden Shakespeare Faber Quercus Canongate Allison & Busby and more to come . . .

Public Library Online

Online access subscription model of themed digital bookshelves from a range of publishers offering the best fiction & non-fiction

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Berlin Academic

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Long Form Publications

Books

Humanities and Social Sciences

Scholarly Books

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

What does the Academic Community still want from publishers?

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Independent verificationof quality

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Brandingandvisibility

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Editing and typesetting

Availability in a variety

of formats

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

MarketingandSelling

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Curation

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UC Berkeley Study:

Assessing the Future Landscape of Scholarly Communication

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Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

How are Publishers Responding?

• Willingness to experiment

• Becoming service providers rather than gatekeepers

• ‘Co-creators’ of value

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Think about Ice Cream

Bloomsbury Academic Experiment

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

PlainVanillaIce Cream

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Ice CreamCone

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Ice CreamSundae

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

The Enhanced e-Book

First titles available 2011

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

List 6-7 partners form lower down page make close up of page

OAPEN CHANGE

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

OAPEN Model

Advocates funding the publishing process through subsidies and as part of research grants

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Paying for the Cost of Open Access Publishing – so far . . .

Relying on:

• Print sales

• E-sales

• Cost savings

• Subsidies, grants

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Sustainable????

ALA meeting Jan 2010:reality check

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

The Challenge: How to fund

sustainableopen accessfor scholarly books ‘the Long Form Publication’

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

STM journal open access model? NO

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

STM journal open access model?

Getting to ‘first copy’ costs are too high

HSS research budgets are too small

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Greco and Wharton:

US University presses & open access

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Only helps US university presses

And

What about dissemination of knowledge from other parts of the world?

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

How do we move from large, closed, ‘open’ networks (current consortia sales) to a truly global free-to-end-user state?

The Question is:

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Libraries

Funding Bodies

AcademicsPublishers

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Where are the funds now?

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Research budgets?

NO too small

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Central university funds?

NO too many other demands

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Library budgets?

YES!

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Create the International Library Coalition for Open Access Books (ILCOAb)

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Build on existing library consortia

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

ILCOAb to aggregate funds from libraries

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Pay for fixed first copy costs & open access

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

• Publishers submit titles to ILCOAb• ILCOAb decides what to ‘purchase’• Publishers get to first copy stage• Publish as open access• Publishers sell content in print,

e-formats etc

ILCOAb Model

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Long Form Publication

$2 a copy?

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

OLD Print Model

A typical monograph:

400 copies sold to libraries @ $80 per book

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

First copy costs 10,000Print/bind, marketing/selling distribution, royalties,

library suppliers, profit 22,000

Total cost to libraries 32,000

$

OLD Print Model

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Getting to first copy cost represents 31% of price paid by the library

OLD Print Model

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

With our $80 book the library pays $55 (69%) for post ‘first copy’ costs

OLD Print Model

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Worldwide market for HSS books = 10,000 libraries

OLD Print Model

Print reaches 4% of market

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Market skimming

OLD Print Model

Market failure

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

ILCOAb Model

If 4% (400 libraries) join ILCOAb cost of getting to digital file = $25 ea

69% reduction on a print copy

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

87.5% reduction per title

If 10% (1000 libraries) join ILCOAb and pay $10 per title

ILCOAb Model

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

ILCOAb Model

97.5% reduction per title

If 50% (5000 libraries) join ILCOAb and pay $2 per title

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Free-rider argument

Why Not?

Add extra metadata for membersErosion of selection controlConsortia already purchase content

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

We’re Almost There!

Consortia buy licenses for

free-to-end-user already

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

International Coalition of Library Consortia

Over 200 library consortia members around the world

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Benefits to Scholars

• Publishing expertise

• Full open access

• Discoverability

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Benefits to Publishers

• Provide academic and library communities with a sought-after service

• Concentrate on providing added value

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Benefits to Libraries

• Simple way of purchasing large volume of quality content

• Greater control of selection

• Huge contribution to global scholarly communications

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Conceptual mind shift

Uncouple getting to first copy from other publishing functions and income streams

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

Make better use of funds already available

Conclusion

Bloomsbury Academic_ _ _ __ _ __ _ _ _______ __ _ ___ _ __ _ __ ____ __ ______ _ _ __ ____ __ _

The ILCOAbBUSINESS MODELa Way Forward?

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