Magazine article Information Today

Elsevier Science Announces New Approach to Journal Pricing

Magazine article Information Today

Elsevier Science Announces New Approach to Journal Pricing

Article excerpt

Elsevier Science has announced a new approach to scientific journal pricing that provides for a moderated and more predictable level of price increases for print journals in the coming year and beyond. According to the company, the successful launch of ScienceDirect and the anticipated continuing migration from print to electronic allows for a more comprehensive view on pricing for Elsevier Science products.

Starting with subscription year 2000, Elsevier Science intends that the annual print price increases for its entire package of journals will be under 10 percent in each of the company's invoicing currencies: U.S. dollars throughout the world, except for Dutch guilders in Europe and, starting in 2000, yen in Japan. This includes the effects of currency fluctuation, growth in volume output, and inflation.

Among the three factors affecting journal prices each year, currency fluctuations have been the most erratic, resulting in high journal price increases in various regions of the globe in some years. With this change, this volatility will be substantially eliminated, according to the company. …

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