“Members of the Canadian Research Knowledge Network (CRKN) set bold negotiation objectives for the 2020 renewal with Elsevier: significantly reduce costs, increase open access, and ensure transparency of the agreement. After eleven months of negotiating, CRKN’s Content Strategy Committee (CSC) is announcing a renewal of the Elsevier ScienceDirect license, which includes:
A 12.5% reduction for 2021, followed by a 0% change for 2022, and a 2% increase for 2023. The renewed agreement maintains access to all journals in the Freedom Collection, including former Academic Press journals, and members’ subscribed titles, with no loss of perpetual access rights. This results in cost savings of US$17.4 million over three years (when compared with a three-year contract with anticipated 2% annual increases).
A 20% discount on Article Processing Charges (APCs) for both hybrid and gold open access journals. Cell Press, Lancet, and some other society-owned journals are excluded.
No confidentiality or non-disclosure clause which ensures transparency and allows the terms to be shared….”