The Chronicle of Higher Education has published a letter to the editor by Susan Stearns, Executive Director of the Boston Library Consortium, and John Unsworth, President Elect of the Boston Library Consortium. The authors have expressed their frustration over the increased subscription prices for academic ebook titles for the 2015 fiscal year:
“In the BLC program, publishers charge libraries for ebooks based on a model that combines payment for short-term use of a title by a student or researcher with the purchase of the title after a few short-term uses. In this way, libraries pay full price for an ebook that meets the needs of multiple readers, and pay a fractional price for ebooks that are of use to only one or two people. This month the BLC was surprised to learn that a number of the publishers in this program planned immediate, significant, and unexplained increases in price”.
The authors cite the significant price inflation for electronic scientification journals as problematic, as it has far surpassed any increase in library acquisitions funding. BLC fears academic ebook pricing could go the same way, making subscriptions increasingly expensive to retain.