Revisiting — Navigating the Big Deal: A Guide for Societies

In the wak of Plan S, many independent and society publishers are investigating partnerships with larger publishing houses. It’s important to understand what it means to join a publisher’s Big Deal program, and so here we revisit Michael Clarke’s post that explains the changing nature of the Big Deal and what it can mean for these partnerships.

Navigating the Big Deal: A Guide for Societies

Shifts in how publishers market and sell journal packages have significant implications for society journal valuations over the long term. These same shifts may also be setting some societies up for publisher “lock-in” — making it difficult to change publishers in the future.

The Changing Nature of Scale in STM and Scholarly Publishing

Smaller independent and society publishers are finding it increasingly difficult to compete with the economies of scale around production, technology, and (most important) institutional sales that can be brought to bear by a large publisher. If you are a society that has been self-publishing for many decades, such effects may appear as only a recent headwind in a long publishing tradition. This headwind, however, is most likely not a temporary zephyr but rather a permanent fixture of the STM and scholarly publishing landscape, and one that will only increase in intensity. To understand why, it is helpful to look at the two vectors on which scale operates in STM and scholarly publishing: horizontal and vertical. While horizontal scale has long been the province of commercial publishers, society publishers are typically organized to take advantage of vertical scale. The headwinds are presently blowing along the horizontal plane, from the perspective of the society publisher.

The “Pure Publish” Agreement

Pure publish contracts are possible now. It is not necessary to wait for the subscription publishers to change their business model or to pair a pure publish component with a read and publish component in a transformative agreement. @lisalibrarian