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Weekly News Digest
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January 31, 2023 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITI’s Twitter account: @ITINewsBreaks.
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cOAlition S Ends Financial Support for Transformative OA Publishing After 2024
cOAlition S shared the following:Transformative arrangements—including Transformative Agreements and Transformative Journals—were developed to encourage subscription journals to transition to full and immediate open access within a defined timeframe (31st December 2024, as specified in the Plan S Implementation Guidance). After careful consideration of the outcomes of transformative arrangements, the leadership of cOAlition S reaffirms that, as a principle, its members will no longer financially support these arrangements after 2024. Exceptionally, individual cOAlition S funders may still choose to financially participate in Transformative Agreements beyond 2024 as part of their respective national strategies. … Plan S was launched in 2018. At that time, cOAlition S recognised that transformative arrangements would provide a useful means to repurpose funds for journal subscriptions to publication fees, thus supporting legacy publishers in transforming paywalled to Open Access publication models. … We believe that the strategy of providing financial support for these arrangements—endorsed by many cOAlition S members—beyond 2024 would significantly increase the risk that these arrangements will become permanent and perpetuate hybrid Open Access, which cOAlition S has always firmly opposed. … cOAlition S members will direct their efforts to more innovative and community-led Open Access publishing initiatives that aim to deliver full and immediate Open Access in a shorter timeframe. For more information, read the news item.
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Brandi Scardilli
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