E-Books, E-Journals, Multimedia: New Approaches to Publishing Rachel Yee General Manager of EBSCO Information Services for Taiwan, Hong Kong, & Macao May 10, 2002 Philippines

Outline Introduction Change in Time Change in Reading E-resources E-Book, E-Journals, E-Database The Change in Publishing Q&A

Introduction EBSCO Subscription Service (ESS) Founded in Offices around the world Titles data over 260,000 Becoming EBSCO Information Service (EIS) Not only print service (in 1997) Database, Books, E-Journal Utilizing and Integrating all our services

Change in Time Life is changing Records…. Letters …... Film…... Communication on internet The format of media is changing Paper to CD to Online

Change in Reading Trend/Fashion Easy access Time saving Searchable Linkable Imperishable Unlimited resource

E-Resources Adopt the change for the market Digitalize the content Customize the format Personalize the access Thus, E-book, E-database, and E- journal come into our lives and play very important role for the concept of virtual library.

E-Book Things to consider Keep up with current edition ? Still use the traditional renting policy ? Fix annual access fee for same title ? Is it suitable for reader to read over 100 pages online? Can the citation be valued ? (linking capability) Searchable ? Printing?? Characteristics: No longer bother by library hours Highlight, mark, and print the first quality page

E-Database & E-Journals Close relation They are all periodicals The are all searchable Separate functionalities Huge collection for database Subject oriented for E-Journal History analysis go for database Current focus go for E-Journal

E-Journal Progression

Print is still being tied to the online edition most of the time A print subscription is required in order to get the online Online is available without purchase of print [Based on EBSCO’s title file]

Traditional Pricing Models Print and Online Free with Print 64% (39% of total online listings) Paid with Print 36% (22% of total online listings) Online Only 73% with print counterpart (29% of total) 27% without print counterpart (10% of total)

Challenges with existing model When model shifts from free to paid Will library pay for online? Timing of price announcements Moving orders delays access Most activity from Wiley American Medical Association American Physiological Society

Emerging Price Models Flip Pricing DDP - Deeply Discounted Price Consortia Kluwer/Oxford Share all the holdings Fee based on current holdings Blackwell/MCB Package titles Fix fee for different FTE

The “ Flip ” Bulk of price from print to electronic Usually negotiated with a consortium Print available at a DDP (Deeply Discounted Price)

DDP (Deeply Discounted Price) May be set or vary by library Academic Press - 25% Elsevier - for % (AP Model) Wiley (10%) Springer (10-25% not set) Kluwer (not set)

DEFINITION: “ to remove the middle layers of the supply chain so that consumers can go direct to the manufacturer. ” The B2B* Movement has everyone looking for ways to “ cut out the middle man ” * B2B means “ B to B ” or Business to Business.

Consortia Model Pay for online as a package Pay for print at DDP Sample Model (Elsevier)

Elsevier Science launches ScienceDirect E-Choice offers each licensee the opportunity to purchase print subscriptions to the same selected titles at deeply discounted prices … DDP no requirement that any ScienceDirect E-Choice licensee maintain print subscriptions.

Challenges with New Pricing Prices vary (DDP) Negotiated Pricing FTE-based Consortia

The universe of information continues to expand faster than we can keep up …. … you, the librarian must help to bring order out of the chaos …. ….civilization out of the jungle. - John B. DeVette EBSCO Asia General Manager