‘Big Deal’ Cancellations Gain Momentum; Inside Higher Ed, May 8, 2018

Lindsay McKenzie, Inside Higher Ed; ‘Big Deal’ Cancellations Gain Momentum

"Also last year, SPARC, an advocacy group for open access and open education, launched a resource tracking big-deal cancellations worldwide. Greg Tananbaum, a senior consultant at SPARC, said that there is a “growing momentum” toward cancellations.

According to data from SPARC (which may not be comprehensive, said Tananbaum), in 2016 five U.S. and Canadian institutions announced cancellations with big publishers such as Springer Nature, Wiley, Taylor & Francis and Elsevier. In 2017, seven more North American institutions said they planned to cancel their big deals, including the University of North Carolina at Chapel Hill and Kansas State University, among others. 

Motivation for Cancellation 

Both Tananbaum and Anderson agree that one factor driving cancellations of big deals is that library budgets are not growing at the same rate as the cost of subscriptions. Given budget restrictions, “there’s just a reality that tough choices have to be made,” said Tananbaum."