Letter to the Harvard faculty from Sidney Verba, Director of the University Library, December 9, 2003.
Summary: The letter announces Elsevier cancellations, which took effect January 1, 2004. The cancellations were "driven not only by current financial realities, but also —and perhaps more importantly— by the need to reassert control over our collections and to encourage new models for research publication at Harvard....Elsevier journals are by far the most expensive....Elsevier's 2004 contract proposal to NERL was not responsive to Harvard's objectives....Of greatest concern to the Digital Acquisitions Committee and to the University Library Council was the lack of any option by which Harvard could prune its holdings and reduce its level of spending. Libraries wishing to cancel subscriptions could do so, but only by incurring steeply increased fees that obliterate any potential savings —while Elsevier's revenues continued to rise....Toward this end, we have foregone the NERL Elsevier license in 2004 in order to regain control over Harvard library collections in a manner that responds to the University's academic programs. Instead, the libraries will purchase online access to Elsevier journals individually and selectively....Declining the bundled agreement and intentionally reducing our outlay for Elsevier titles will ultimately give us the ability to respond to the marketplace unfettered by such artificial constraints....We believe this action can be a springboard for a vigorous and sustained effort to foster new models of research publication at Harvard. This effort could take many forms, all of which will require the active involvement of Harvard's research community. On many levels, Harvard is changing the ways in which it does business."