[Scholarly Communication] 

The UC libraries have released a report describing their work on "value-based" prices of scholarly journals. The Promise of Value-based Journal Prices and Negotiation: A UC Report and View Forward is a direct outcome of the libraries' collective strategic priority to advance economically balanced and sustainable scholarly communication systems.

Through the report the libraries ask how an explicit method can be established, validated, and communicated for aligning the purchase or license costs of scholarly journals with the value they contribute to the academy and the costs to create and deliver them.

In addition to describing the work done to date, the report provides examples of potential cost savings and declares UC's intention to pursue value-based prices in its negotiations with journal publishers. The report also invites the academic community to work collectively to refine and improve these and other value-based approaches.

- Read the full press release.
- Read The Promise of Value-based Journal Prices and Negotiation: A UC Report and View Forward (PDF).

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