|Weekly News Digest
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LexisNexis Acquires Public Records Businesses
LexisNexis announced it has agreed to buy the public records businesses of Dolan Media Co. (based in Minneapolis), a provider of U.S. electronic public records information, including bankruptcies, civil judgments, federal and state tax liens, and eviction notices. Financial terms of the deal are not being disclosed. The agreement is subject to regulatory review in the U.S.
The acquired businesses will become part of the LexisNexis Risk Management business of the Corporate and Federal Markets division, which includes operating units, RiskWise and PeopleWise. Dolan's public-records businesses, with more than 180 employees, specialize in large-scale and rapid gathering of public-record data. They offer premier brands including Banko, a leading bankruptcy database; Acollaid, serving the credit-management industry; and ClickData, an Internet distributor of Dolan Media data to the direct marketing industry. The acquisition will augment and complement LexisNexis' public-records content, industry-focused solutions, and risk-scoring technology.
LexisNexis is a member of Reed Elsevier Group, PLC, which, according to a Reuters account, recently stated its intention to step up its acquisition drive, funding deals with its annual free cashflow.
ProQuest Expands Canadian Newspaper Coverage
ProQuest Co.'s Information and Learning unit has signed two new distribution agreements that will bring dozens of Canadian daily and weekly newspapers to Canadian Newsstand and other ProQuest databases. The new sets of newspapers—from CanWest and Torstar—broaden ProQuest's coverage of both Eastern and Western Canada. Content will be available once the data load is complete. The agreements allow ProQuest to distribute the newspaper content electronically to educational institutions, libraries, and other markets around the world.
The agreement with Torstar Media Group will bring the full text of the Toronto Star and more than 50 other Ontario newspapers to the company's ProQuest databases, including ProQuest Canadian Newsstand and select titles included in the eLibrary Canada/bigchalk Library Canada suite of K-12 products. The agreement includes all available electronic backfiles without embargoes or market restrictions. All of the newspapers will be available by subscription in Canadian Newsstand in three packages: as packaged subsets, major dailies packages, and a complete package, or as individual titles.
The agreement with CanWest Interactive, Inc. will bring the full text of 21 Canadian daily newspapers to the company's ProQuest databases. The new group of titles includes exclusive rights to distribute 10 Hollinger Canadian Newspapers, and non-exclusive rights to distribute 10 GTC Transcontinental papers, and the independent Whitehorse Star. The agreement includes all available electronic backfiles with a 1-week embargo on content.
Project MUSE Adds Titles, Announces Pricing
Project MUSE (http://muse.jhu.edu), an online collection of scholarly journals in the humanities, the social Sciences, and the arts, announced new journals joining the project in 2004, as well as preliminary subscription price estimates for collections to be offered in 2004. Among its new participating publishers for 2004, MUSE announced its first collaborations with international partners: new participating publishers include the University of Toronto Press and the Indian Institute for Population Studies (Thailand). The "2004 Full Collection," including all of the current titles plus the newly announced journals, will have an annual subscription fee of no more than $20,000. According to the press release, this is "less than an 18 percent increase from the current year's subscription rate."
It also announced a new Flex-Plan Subscription Option for consortia. Starting with 2004 subscriptions, library consortia will be able to design and tailor MUSE collections to best meet their needs and budgets. Under the new Flex Plan, the consortium may select a customized package of at least 100 MUSE journals, to which all the libraries in the group will have access. A minimum of five libraries in the consortium is required to qualify for discounts. Discounts will be tiered based upon the number of participating libraries and the number of journals in the custom collection, with a maximum discount of 30 percent. Individual libraries will retain the ability to upgrade their subscription to the MUSE Full Database collection outside of the consortium arrangement.
Managed by the Johns Hopkins University Press, in collaboration with the Milton S. Eisenhower Library at Johns Hopkins University and the participating publishers, Project MUSE currently provides online access to over 200 titles from some 30 publishers to its nearly 1,000 subscribing libraries worldwide.
Source: Project MUSE
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