Hi everyone, you may have been following the story around the University of California’s termination of its Elsevier subscriptions.
Today, UC news is circulating again, this time regarding a new agreement with Cambridge UP that directly supports the transition to open access. The way the new agreement works is that it enables all UC researchers to have their articles released as OA within Cambridge UP publications, without having to pay article processing charges (APCs) out of pocket. Over time, UC will pay Cambridge UP less for subscriptions, and more for open access publishing. This gives UC cost certainty, while simultaneously increasing uptake of OA. This is what’s known as a transformative agreement. This is the first transformative agreement that Cambridge has struck in North America, but the prevalence of such deals is widely expected to increase.
For more, please see the news direct from the UC Office of Scholarly Communication: [LINK]