Four of the 鈥淏ig Five鈥 academic publishers have agreed terms for deals with UK universities.
In a statement published on 12 December, Jisc announced it had reached 鈥 with Elsevier, Springer Nature, Wiley and Taylor & Francis.
Proposals from Sage will be considered later as they did not meet an October deadline to allow consultation, added Jisc, which has negotiated on behalf of UK universities throughout the year.
The announcement signals the end of the nine months of negotiations that began in March 2025, with universities seeking substantial price reductions in light of the financial challenges facing the sector.
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Proposals submitted before the summer were decisively rejected by universities, with offers from Elsevier and Springer Nature deemed to require significant price drops to allow approval.
The agreed terms will now be put to universities with several institutions indicating they are unlikely to sign up to deals with all five main publishers.
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鈥淎cceptability of these agreements ultimately lies with institutions. Each institution will decide whether to take up the offer,鈥 explained Jisc. 鈥淔inancial pressures may mean that some institutions may need to exit agreements.
鈥淛isc will support any institutions that cannot afford agreements by assessing implications and exploring options, including obtaining quotations, supporting individual negotiations and scenario modelling,鈥 it continued.
With existing deals set to expire at the end of 2025, 鈥済race access periods will cover any interim gaps鈥 in journal access while the 鈥渄etails of each publisher offer [are] fully defined鈥 and 鈥渇inalised [offers] made available for institutions to review and order鈥, Jisc added.
Commenting on the negotiation process, Jisc added that 鈥渘egotiating with all five publishers simultaneously has created healthy competitive pressure鈥.
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鈥淭heir offers are stronger than those achieved by other consortia worldwide, showing the power of a unified sector approach under the Next Generation Open Access programme,鈥 it said.
鈥淭here is strong appetite for change: academics and institutions recognise the need to reform business models, reduce聽workloads聽and protect academic integrity.鈥
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