|Agreement labeling||Wiley Read & Publish|
|Has the agreement been disclosed and published?||Yes|
|Agreement period||01/01/2021 – 12/31/2023|
|Consortia / Institution||Iowa State University|
Approximate range of annual corresponding author publications
|Comments on size/article output||Approximate annual range is 130-180|
How do the costs of the agreement relate to previous subscription-only agreements with the publisher?
|Agreement costs within the range of the previous spending level|
|Comments on cost development||Total R&P cost based on previous unbundled read cost|
Transfomative 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|
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?
|“If the Customer is unable to spend the maximum OA allocation in the Fund, Wiley agrees to rollover up to a maximum 10% of the total year 1 OA allocation into year 2, adding the rollover value to the agreed maximum OA allocation. At the end of year 2, if the Customers are unable to spend the maximum OA allocation, Wiley agrees to rollover up to a maximum 5% of the revised year 2 OA allocation
(including the rollover value) into year 3. There will be no rollover if there is underspend at the end of year 3.”
Are all journals relevant to your affiliated authors (in which you expect them to publish) eligible for OA publishing under the agreement?
|Are fully open access journals covered by the agreement?||Yes|
|OA LICENSE||CC-BY variations allowed|
||Original research articles
What is the approximate share of access related costs of the overall agreement?
Are all read relevant journals covered by the agreement?
|PERPETUAL ACCESS RIGHTS||Yes|
|OVERALL ASSESSMENT AND COMMENTS||One of the more unique aspects of this agreement is that it is not based on a pre-existing “big deal” agreement. ISU unbundled our Wiley big deal years ago, and on the “read” side, this agreement retains our pre-existing Wiley subscriptions without any requirement to add to them.
Since the agreement’s OA publishing entitlements are based on APCs, the sustainability of the agreement is preconditioned on relatively stable publishing costs over time. However, early indications are that the first year of this agreement is seeing a significant increase in Wiley publishing from ISU corresponding authors. Future agreements may need to be based on fixed publishing costs, thereby reducing the risk to both parties. Alternatively, the multi-payer implementation model would reduce the library’s cost risk by spreading the publishing costs to research funders.
|Request contact to the licensee||contact [at] esac-initiative [dot] org|