American Physical Society Announces a Price Decrease for 2005!
:: Proving that the unthinkable is still possible, the American Physical Society (APS), in a letter to "The Library Community", has announced it will decrease prices for all tiers of its journals:
The Council of the APS has established journal prices for 2005 and APS will be DECREASING PRICES for all tiers. The publications of the APS include Physical Review A-E (PRA-E), Physical Review Letters (PRL), Physical Review Online Archive (PROLA), and Reviews of Modern Physics (RMP). PROLA, with journal content back to 1893, will continue to be available at no cost to subscribers of the APS packages (PR-All and APS-All) and at a very modest cost to those subscribing to portions of the package. In keeping with the Society's goal of moving towards a pricing structure, which reflects the diversity amongst its subscribers, the larger decreases will be for the smaller institutions, as follows:A full list of institutional prices for 2005 is available, as is an explanation of the five tiers of pricing. The APS is to be applauded for taking this initiative. Now that the bar has been set, will another publisher raise it higher? Will the sun go nova this weekend? Stay tuned.
Tier 1 institutions prices will decrease 3.0% (35% of all subscriptions)
Tiers 2 and 3 institutions prices will decrease 1.0% (54% of subscriptions)
Tiers 4 and 5 institutions prices will decrease 0.5% (11% of subscriptions)
The price decreases are in the presence of continued growth in journal size and in manuscript submissions. They reflect a long and intense development of new technology both by the Society and its vendors as well as persistent attention to cost control by all of the staff. They also represent the Society's commitment to returning the advantages of technology to the community. The same percentage price decrease will apply to print-plus-online and online only. APS sees the new technology as an exciting challenge to end the period of unsustainable price increases.