When the wolf finally arrives: Big Deal cancelations in North American libraries

« Fifteen years ago, when the Big Deal was really coming into its own as a journal purchasing model, I was working in a library where we embraced it enthusiastically. (…) At that time there were two things we knew for certain: on the one hand, subscribing to a publisher’s entire journal list (or whatever approximation of “entire” was on offer) was likely to yield a tremendous value in terms of cost per article; on the other, the Big Deal model was probably not sustainable in the long term. But we embraced it anyway for a couple of reasons (…) »