What are the most expensive journal/database packages to which the Library subscribes?
Answer
In FY25, journal packages from just three publishers accounted for approximately 30% of the collections budget allocated to continuing resources.
| Publisher | FY25 | FY24 | FY23 |
|---|---|---|---|
| Wiley-Blackwell | $969,877 | $950,860 | $922,894 |
| Springer | $863,168 | $839,866* | $796,762 |
| Taylor and Francis | $423,499* | $567,902 | $566,220 |
Costs for major publishers continue to reflect both changes in licensing models and active collection management decisions. Springer expenditures increased in FY24 following the implementation of a new Read and Publish agreement, while Taylor & Francis costs declined in FY25 as a result of targeted cancellations of lower-use titles. Although consortial partnerships help moderate annual price increases across many resources, publisher costs continue to rise, and sustaining the full portfolio of continuing subscriptions is increasingly challenging without additional investment in the collections budget.