Inside Higher Ed – “Seeking sustainable new revenue streams, 16 major university presses have partnered with a for-profit publishing house to sell digital versions of their annual front-list collections. Sixteen major university presses have signed with a Berlin-based scholarly publishing house, De Gruyter, as part of a new initiative to broker ebook sales between presses and university libraries. The idea behind the University Press Library initiative is for the institutions to sell digital collections of their entire front lists of new titles to university libraries. Under this plan, a library could purchase Stanford University Press’s entire 2021 collection in digital format, for example. Steve Fallon, De Gruyter’s vice president for the Americas and strategic partnerships, said the goal of the initiative is to generate a sustainable revenue stream for presses that can count on a library buying an electronic version of every single new title — including academically important but lesser-used scholarly monographs, not just books in higher demand…”
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