Lexis Nexis Renewal Pricing Drops in 2009
For ten successful years, Nylink has partnered with SOLINET and other ICOLC (International Coalition of Library Consortia) members in the national aggregation of LexisNexis Academic, a partnership that has meant savings at times of almost 80% off the list price of that resource because of the 30 information networks that participate.
Nylink knows that your patrons and students rely on the timely and comprehensive newspaper and magazine full text and abstracting in LexisNexis Academic, and we would like to announce some good news about renewal pricing for the 2009-2010 subscription cycle.
Acting on behalf of the networks in the aggregation, SOLINET advised LexisNexis of the impact that the current financial crisis will have on libraries, shared the ICOLC Global Economic Crisis Statement , and asked them to waive their 2.5% annual increase on LexisNexis Academic his year. LexisNexis has agreed to waive that increase on all LexisNexis Web products available through SOLINET, and to use the same FTE as recorded for the 2008-2009 renewal year, (Fall 2007 FTE,which we have on file). (Please note that if your library’s Fall 2008 FTE is lower than your Fall 2007 FTE, the lower of the two figures will be used for your renewal price.)
Thanks to the efforts of SOLINET, Nylink will be able to offer LexisNexis Academic to its members this year at $1.89/ FTE, which is $.01 less per FTE than last year’s renewal pricing. Pricing for all other LexisNexis databases, including Statistical, State Capital, and Congressional Universe, will remain at last year’s levels.
Q. What is the ICOLC Global Economic Crisis Statement?
A. The statement, which Nylink has endorsed, is intended to help publishers and other content providers from whom consortia license electronic information resources understand better how the current unique financial crisis affects the worldwide information community, and to suggest a range of approaches in the mutual best interest of libraries and the providers of information services. We encourage all information science professionals to read the statement.
Q. Does this mean that LexisNexis will not continue to add to and enhance its databases?
A. Because LexisNexis understands that the purpose of the ICOLC Global Economic Crisis Statement is to reduce expenditures without disproportionate loss of content, they have also agreed to retain their commitment to enhancing LexisNexis Academic, as well as other popular legislative and statistical databases.
Q. How do I renew LexisNexis Academic, and my other LexisNexis subscriptions, through Nylink?
A. If you’re a current subscriber, you’ll use MyNylink, our online portal, to renew this and your other electronic resources subscriptions from Nylink. In the coming weeks, you’ll get follow-up emails to alert you that your renewals are ready to review in MyNylink. Our deadline for receiving LexisNexis renewal instructions from you via MyNylink will be April 24.
Q. What if I don’t currently subscribe to LexisNexis through Nylink but I’d like to?
A. Contact Ann Gunning, Reference Services Librarian (gunninga@nylink.org) or Donna Dixon, Director of Member Programs (dixond@nylink.org).