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- W907447329 abstract "ing and indexing databases are under threat from Google and the other major search engines. Most searches, even by researchers, start with a general search engine such as Google. Most A&I publishers have sat on their hands and watched this happen. As Google, Microsoft and other continue to interest themselves in the scholarly and scientific communities, A&I publishers that want to survive have to distinguish themselves from these giants. What CIG has done is to put itself in a position where new products can combine indexes and full text. It is a logical extension of the announcement CSA and ProQuest made in June 2006 that collections of full text ProQuest material would be made available as an upgrade to CSA’s bibliographic databases in sociology and political science. The first product is to be launched this Spring. CSA wants to continue to be a “must have” destination for library purchasing. Does this put aggregators in a stronger position? Or will publishers take fright and start to withdraw their journals and other content from aggregators? Will libraries — and their users — find aggregated databases an acceptable substitute for the primary journal, or is the researcher’s need for immediate access to the primary journal literature still an over-riding imperative? All the evidence to date is that journals and aggregated databases serve different constituencies in the university library: faculty and researchers, and undergraduates, respectively. U.S. academic libraries constitute 40% of the world academic library market. The majority of scholarly and scientific journals originate outside the USA. Given the U.S. dollar’s weakness, and library budgets that are not even inflation-proofed, many publishers are worried that the evidence may change in the next few years. So why are private investors, from family businesses like CIG and EBSCO, to private equity houses like Cinven and Candover, so interested in mergers and acquisitions in scholarly and scientific publishing? First, the market is mature, and is not a significant growth sector. That means expanding publishers have to capture market share, largely by acquisition. A lot of acquisition activity means that there is a market in which competitive bids lead to high prices paid for good publishing properties. This works at continued on page 79" @default.
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- W907447329 date "2007-02-01" @default.
- W907447329 modified "2023-09-25" @default.
- W907447329 title "Issues in Vendor/Library Relations -- Leaving" @default.
- W907447329 doi "https://doi.org/10.7771/2380-176x.5257" @default.
- W907447329 hasPublicationYear "2007" @default.
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