A recent article in Library Journal, “Costs Outstrip Library Budgets: Periodicals Price Survey 2020,” by Barbara Albee, Stephen Bosch and Sion Romaine examines how library budgets are, for the most part, flattening or diminishing, leaving libraries to battle cost inflation and revenue stagnation.
Learn how new approaches have emerged, but yet have not offered a solution to the serial costs that are continuing to rise higher than library budgets. Some libraries have turned to open access solutions and there are multiple established models, but none offer a solution for content costs that outpace library budget increases. The article also provides a forecast for the serials marketplace. Check out the full article in Library Journal to learn more.