Wiley-Blackwell: Update for the Consortium Community Reed Elfenbein, VP/Director of Global Sales and Marketing Christopher McKenzie, VP/Director of Institutional Sales, Americas ICOLC Meeting, San Francisco, April 15, 2008

Topics for Discussion Integration of Wiley and Blackwell Online Services Journal Subscription & Licensing Options Q+A/Next Steps

ICOLC Meeting, San Francisco, April 15, 2008 Online Service New online service will launch in January 2009 New platform will go beyond Blackwell Synergy and Wiley InterScience and retain best of both features Two phases: –July 1, 2008 all Blackwell Synergy content moves to Wiley InterScience, Blackwell Synergy closes –Jan 09 new online service launches, Wiley InterScience closes

ICOLC Meeting, San Francisco, April 15, 2008 Phase One: Migration of Blackwell Content to Wiley InterScience 1st priority is to ensure a smooth transition for all customers and users Technical priorities are: –Capacity: ensuring Wiley InterScience can handle the greater volume of content and usage –Content: migrating all the content across –Customers: migrating all the customer licenses across to ensure continued access Some functionality from Blackwell Synergy will not be available

ICOLC Meeting, San Francisco, April 15, 2008 Phase One: Benefits Integration of content means users can search across 5,000+ books and 2 million+ articles in over 1,300 journals at one time Better positioned to migrate to new online service in January from one platform

ICOLC Meeting, San Francisco, April 15, 2008 Phase Two: New Online Service Improved User Interface –Developed in consultation with: researchers librarians societies & editors Better navigation Restored functionality New features – details to come

ICOLC Meeting, San Francisco, April 15, Journal Subscription and Licensing Options Wiley models for Wiley products: –Print –BAL –EAL Blackwell models for Blackwell products: –Standard –Online Only –Premium –“Flip” –Collections: Full, STM, HSS and Med/Nursing Collection –Subject bundles

ICOLC Meeting, San Francisco, April 15, Journal Subscription and Licenses Goal is to unify Blackwell and Wiley models –Harmonize customer options, terms and access rights –One negotiation, one license, one invoice per customer

ICOLC Meeting, San Francisco, April 15, Journal Institutional Subscription Options Subs TypePriceOnline Access Rights Online Only 100% of list price for owned titles; Paid for years and retrospective, generally back to 1997, not including backfile material Print Only 100% list pricen/a Online + Print 110% of list price Paid for years and back to 1997…. Online: No limit on concurrent users Price based on subscription list price, no price increase caps Titles can be added or cancelled without restriction Counter-compliant usage statistics Customer can have a mix of print only, online only and online plus print Can be ordered via subscription agents or direct

ICOLC Meeting, San Francisco, April 15, 2008 Online License Model Part 1 Core collection: online access to customer’s complete Wiley-Blackwell subscription holdings Terms Multi-year license only Price Increase Cap for later years Minimum value threshold: $10,000 Core subscription standard swapping allowance Duplicate subscriptions Unique titles

ICOLC Meeting, San Francisco, April 15, 2008 Online License Model Part 1 Core collection: Terms continued Cancellation allowance negotiable If customer cancels a title, they lose access to newly published content permanently. If it is the last subscription in a consortium, the consortium loses access. At no point will customer be able to regain access through a collection deal. Subscriptions to titles transferred into Wiley will be added to license in first year of transfer Subscriptions to titles transferred out of Wiley will be deleted from license in year of transfer

ICOLC Meeting, San Francisco, April 15, 2008 Online License Model Part 1 Core Collection Pricing New customers: previous year subscriptions at current year online only price Existing customers: previous year subscriptions at price based on existing license terms: –Wiley titles at content fee plus price increase cap for multi-year deals, or current year price if 1 year deal –Blackwell titles at flip deal price plus price increase cap for multi-year deals or current year price if 1 year deal

ICOLC Meeting, San Francisco, April 15, 2008 Online License Model Part 1 Core Collection Access Rights Access for all of a customer’s sites Archival access during active subscription to current year and retrospective, generally back to 1997, depending on start date of online publishing by Wiley-Blackwell began after 1997, but not including materials published in backfiles Perpetual access rights if subscription is terminated to paid years and retrospective, generally back to 1997…

ICOLC Meeting, San Francisco, April 15, 2008 Online License Model Part 2 Customers who license their core collection online may also license an additional collection to gain access to unsubscribed titles Standard collections to be offered –Full collection –STM collection –SSH collection –Medical and Nursing collection Custom collections –Consortium cross access to combined holdings –Subject or select titles

ICOLC Meeting, San Francisco, April 15, 2008 Online License Model Part 2 Consortia Options -Members agree to one custom collection (eg: shared access) or standard collection -Members can choose from standard collections (each member can choose what they want)

ICOLC Meeting, San Francisco, April 15, 2008 Online License Model Part 2 Collection Pricing Based on unsubscribed titles in collection only –Collection title list is fixed. If titles are added/deleted price will be recalculated to reflect changes Calculated as % of current year price % based on –Chosen collection –Size of customer based on FTEs; 7 FTE bands Flat fees for very small and affiliated customers Price Increase Cap applies in later years of license

ICOLC Meeting, San Francisco, April 15, 2008 Online License Model Part 2 Access Rights to unsubscribed titles in a Collection Access for all of a customer’s sites Archival access during active subscription to current year and retrospective, generally back to 1997, depending on start date of online publishing by Wiley-Blackwell began after 1997, but not including materials published in backfiles Perpetual access rights if license is terminated to content published during years subscribed

ICOLC Meeting, San Francisco, April 15, 2008 Online License Model Part 2 ArticleSelect: the alternative option for token-based access Prepaid token access –Price of tokens is based on quantity purchased Article Access for 24 hours Unlimited concurrent users Tokens expire after 1 year No archival or perpetual access to articles accessed via token Can have with or without a Core Collection

ICOLC Meeting, San Francisco, April 15, 2008 Online License Model Part 2 Excluded Journals Not all Wiley-Blackwell journals will be available in Collections for unsubscribed access –Some societies choose to exclude their titles because they believe inclusion has a negative impact on subscriptions –New/young journals and some relaunched journals which have not achieved targeted circulation –These titles will be included in Core Collections if subscribed, or can be added at the full online only subscription rate –These titles can be licensed for consortium access at a price calculated as list price X (70% of number of members offering advanced degrees in relevant subject)

ICOLC Meeting, San Francisco, April 15, 2008 Online License Print Print is optional Print available at Deep Discount Price – 15% of current year list price

ICOLC Meeting, San Francisco, April 15, 2008 Online License Miscellaneous Can a customer have a license for only Blackwell or Wiley titles in 2009? If they have an existing multi-year agreement for Wiley or Blackwell titles only that ends in 2009 or later, it will be honored if they do not choose to move to the new model. Starting in 2009, we will no longer make a distinction between Wiley and Blackwell journals and new licenses will include all of a customer’s Wiley-Blackwell journal subscriptions. If desired, customers can choose e-only or electronic + print subscriptions on a title-by-title basis to a subset of their Wiley-Blackwell journal subs, at list price & standard terms

ICOLC Meeting, San Francisco, April 15, 2008 Questions? Next Steps?