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July 27, 2007

Oxford Decreases Subscription Costs as Journals Become Increasingly More "Open Access"

Oxford University Press has announced that it is REDUCING the subscription price of many of it's journals!

Now THAT'S news!

The price reduction is in recognition of the fact that, increasingly, authors are choosing to make their articles available to all (via Oxford's Oxford Open program) by paying the optional author publication charge. This charge is currently set at $1500, if the author's institution holds an institutional subscription for the title.

As posted to the liblicense by Kirsty Luff, Senior Communications & Marketing Manager
Oxford Journals, Oxford University Press:

..the 2008 online-only prices of Oxford Open journals have been adjusted to reflect any increase in the amount of open access versus non-open access content published in each journal in 2006 compared to the amount in 2005.

Generally, the more open access content published in a journal, the lower the future online-only price. However, the picture is sometimes complicated by other factors such as changes in page
extent, issue frequency, and exchange rate adjustments. For instance, on average, our journals' page extents have increased 6% between 2006 and 2007.

A list of the journals in Oxford Open and their 2008 pricing adjustments is available. <.doc>

If an institution had a subscription for the 28 titles listed, they would have paid $17223 for e-access in 2008; with the reductions, they will now pay $16063, or a reduction of 6.3%. The range of discounts is from 1% to 19%. According to their table, the journals with the highest uptake of open access are Bioinformatics (earning a 19% reduction), Human Molecular Genetics (15%), Brain (10%), and Protein Engineering, Design and Selection [PEDS] (9%).

Let's hope the other publishers that are providing the optional open access option will offer discounts as well!

Posted by Katie Newman at July 27, 2007 2:13 PM