Readex Archive of Americana Presented by David Braden, President of Readex ICOLC Meeting March 15, 2004 New Orleans, Louisiana Readex Archive of Americana Presentation objectives: • ICOLC – Who? – What? • Readex – Introduction to Readex – Archive of Americana – How much? – Prices, challenges and offerings March 15, 2004 Page 2 Readex Archive of Americana In conclusion: • Digital initiatives at Readex have earned both a leadership role and a leadership responsibility. • Readex welcomes the opportunity to work with consortia and thus respond to the expectations of the academic community. March 15, 2004 Page 3 Readex Archive of Americana March 15, 2004 Page 4 Readex Archive of Americana March 15, 2004 Page 5 Readex Archive of Americana March 15, 2004 Page 6 Readex Archive of Americana March 15, 2004 Page 7 Readex Archive of Americana Top Ten Sets (ARL Microform Survey) 1. Early American Imprints, Evans (Readex) 2. Early English Books -Wing (UMI) 3. Early American Imprints, ShawShoemaker (Readex) 4. Early English Books - Pollard and Redgrave (UMI) 5. Three Centuries of English and American Plays (Readex) March 15, 2004 Page 8 Readex Archive of Americana Top Ten Sets (ARL Microform Survey) 6. American Periodicals: 1800-1850 (UMI) 7. English and American Plays of the Nineteenth Century (Readex) 8. American Periodicals: 18th Century (UMI) 9. Landmarks of Science (Readex) 10. American Fiction - Wright (Gale) March 15, 2004 Page 9 Readex Archive of Americana Comprehensive and coherent digital collections spanning four centuries of life in America March 15, 2004 Page 10 Readex Archive of Americana Getting started: • Analysis of existing products and standards – JSTOR, Making of America, American Memory • Academic Advisory Boards – Professors, librarians, digital experts • Usability testing – Williams College, Harvard University, Dartmouth College, Readex facility March 15, 2004 Page 11 Readex Archive of Americana Evans Advisory Board: • • • • Kerry Cochrane, Loyola Univ of Chicago Nancy Godleski, Yale University Betsey Patterson, Emory University Glenda Pearson, University of Washington • Lisa Stimatz, University of North Carolina-Chapel Hill • Perry Willett, Indiana University March 15, 2004 Page 12 Readex Archive of Americana Serial Set Advisory Board: • • • • • • • • Charles Eckman, Stanford University Gregory Harness, Senate Librarian Cathy Hartman, University of North Texas Donna Koepp, Harvard University Mary Mallory, University of Illinois U-C Richard McKinney, Board of Gov. of FRS Sandra Peterson, Yale University John Phillips, Oklahoma State University March 15, 2004 Page 13 Readex Archive of Americana EAN Advisory Board: • • • • Charles Clark, Univ. of New Hampshire Frank Conaway, University of Chicago Susan Fales, Brigham Young University Vincent Golden, American Antiquarian Society • John Fasley, University of Missouri • Henry Snyder, U. of California, Riverside • John Tofanelli, Columbia University March 15, 2004 Page 14 Readex Archive of Americana Challenges and opportunities: • The practice of purchasing through consortia creates new challenges and new opportunities for librarians and for vendors. • Some of those challenges and opportunities... March 15, 2004 Page 15 Readex Archive of Americana Internal challenges: • What does the company think of its products? • What does the company think of its customers? March 15, 2004 Page 16 Readex Archive of Americana Consortia challenges: • Increases distance between librarians/ users and the vendor • Creates potential barrier to direct exchange of ideas about product and needs of the institution March 15, 2004 Page 17 Readex Archive of Americana Consortia opportunities: • Generates attention and helps set agenda for new players • Better communicates specific needs and issues to vendor • Expands the market • Establishes a decision date • Lowers price • Mediates license agreement issues March 15, 2004 Page 18 Readex Archive of Americana License Agreement Text: Section 7.c: NewsBank will allow customer to purchase magnetic tape load of the Product (images and ASCII database)…load onto a local server to be accessed by Customer’s own search and retrieval software. Customer and Customer’s Authorized users may use the archive as provided in Section 3…. March 15, 2004 Page 19 Readex Archive of Americana Evans tiered pricing model: • Initial structure – ARL – non-ARL over 5K – non-ARL under 5K List Price 60% of list 40% of list • Current structure – – – – – March 15, 2004 ARL non-ARL PhD non-ARL over 5K non-ARL under 5K non-ARL under 2K List price 80% of list 60% of list 40% of list 30% of list Page 20 Readex Archive of Americana Pre-publication discounts: • Beginning with 60% before production begins, followed by periodic adjustments through completion • Example: Evans full price third tier – List upon completion $107,500 – Less: microform trade-in -$20,000 – Subtotal $87,500 – Initial offer (pre-pub) $52,500 March 15, 2004 $43,000 -$8,000 $35,000 $21,000 Page 21 Readex Archive of Americana Institutional discounts: • • • • Evans Shaw-Shoemaker Early American Newspapers U.S. Congressional Serial Set Total potential discount March 15, 2004 3% 4% 3% 15% 25% Page 22 Readex Archive of Americana Consortia discounts: • • • • • 3 participants 4 participants 5 participants each additional participant 10 or more participants March 15, 2004 1.5% 2.0% 2.5% + 1/2% 5.0% Page 23 Readex Archive of Americana Discounts chained: • List price upon completion = 100% – Less: 40% pre-publication discount = 60% – Less: 25% institutional discount = 45% – Less: 5% consortia discount = 42.75% March 15, 2004 Page 24 Readex Archive of Americana Deferred payment plans: • All initial prices based on one-time single payment shortly after placement of order • Payment plan: deferral fees on unpaid balances (equal principle payments) – first year @ 1/2% per month – second year @ 3/4% per month – third year @ 1% per month March 15, 2004 Page 25 Readex Archive of Americana March 15, 2004 Page 26 Readex Archive of Americana Readex Digital Institute – 2 1/2 day event (3 nights) – 35 participants, 7 papers presented • First Annual [2003] RDI Guest Speakers – David Seaman, Digital Library Federation – Mark Sandler, University of Michigan – Chuck Eckman, Stanford University – Coleen Cahill, Library of Congress – George Barnham, GPO – Maria Bond, University of Michigan March 15, 2004 Page 27 Readex Archive of Americana Educational Training Program • For Archive of Americana customers – 2-day workshop (3 nights) – 1 guest every three years (tuition, meals, accommodations and travel all included as part of annual maintenance fee) – additional personnel may attend with registration/tuition fee (covering transportation costs) March 15, 2004 Page 28 Readex Archive of Americana Educational Training Program • Topics covered – Content, features and functionality – Hands-on training – Bibliographic instruction (lessons, and materials) – Future developments – Tour of Readex Digital facility – Usability tests (optional) – Focus groups (optional) March 15, 2004 Page 29 Readex Archive of Americana In conclusion: • Digital initiatives at Readex have earned both a leadership role and a leadership responsibility. • Readex welcomes the opportunity to work with consortia and thus respond to the expectations of the academic community. March 15, 2004 Page 30 Readex Archive of Americana Contact information: Academic & Research Library Division NewsBank, inc. 5020 Tamiami Trail North, Suite 110 Naples, FL 34103 800.762.8182 sales@readex.com www.readex.com March 15, 2004 Page 31