Science Magazine – “Two years after a high-profile falling out, the University of California (UC) system and the academic publishing giant Elsevier have patched up differences and agreed on what will be the largest deal for open-access publishing in scholarly journals in North America. The deal is also the world’s first such contract that includes Elsevier’s highly selective flagship journals Cell and The Lancet. The deal meets demands made by UC when it suspended negotiations with Elsevier in 2019. It allows UC faculty and students to read articles in almost all of Elsevier’s more than 2600 journals, and it enables UC authors to publish articles that they can make open access, or free for anyone to read, by paying a per-article fee. Elsevier says it will discount those open-access fees, and UC says it will subsidize their authors. UC estimates the new deal will cost its libraries’ budget 7% less than what they would have paid had it extended its old contract with Elsevier, which expired in December 2018. UC paid $11 million that year. But the university’s total spending on the deal, including money from outside funding sources, could be higher than that, depending on how many articles it publishes open access, Elsevier says…”
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