wiley2023julac

Publisher

Wiley

Agreement ID wiley2023julac
Agreement labeling Read & Publish Agreement
Has the agreement been fully disclosed and published? No
Agreement period 01/01/2023 – 12/31/2025
Consortia / Institution JULAC
Country Hong Kong
SIZE

Approximate range of annual corresponding author publications

1078
Comments on size/article output 7 out of the 8 member libraries participated in the Read and Publish agreement in 2024. The size covered about 97% of the total number of articles of the consortium.
COSTS

How do the costs of the agreement relate to previous subscription-only agreements with the publisher?

Cost increase
Comments on cost development A slight cost increase from previous subscription only spending level due to the inclusion of publishing part in the agreement
FINANCIAL SHIFT

Transformative agreements vary by their transformative mechanisms, meaning the way in which financing is shifted from the subscription side to open access publishing. What are the characteristics of this agreement to this regard?

Subscriptions partly converted to OA publishing fees
RISK SHARING

How do entitlements for open access publishing correlate to the anticipated article output? Which mechanisms for risk sharing have been agreed in cases of exceeding or not reaching the number of OA publishing entitlements?

Capped agreement. Article entitlements per contract year have been set. If the article entitlements are exceeded in any year, a discount from 5-10% on APC can be available depending on the level of fund deposited via a prepayment arrangement.
OA COVERAGE

Are all journals relevant to your affiliated authors (in which you expect them to publish) eligible for OA publishing under the agreement?

Yes
Are fully open access journals covered by the agreement? Yes
OA LICENSE CC-BY variations allowed
ARTICLE TYPES
Original research articles, Review articles, Case study, Commentary, Data article, Education, Lecture, Method and Protocol, Perspective, Practice and Policy, Rapid publication, Short communication, Technical note
ACCESS COSTS

What is the approximate share of access related costs of the overall agreement?

More than 50%
ACCESS COVERAGE

Are all read relevant journals covered by the agreement?

Yes
PERPETUAL ACCESS RIGHTS Yes
WORKFLOW ASSESSMENT Too early to assess
Request contact to the licensee contact@esac-initiative.org