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The value proposition of academic library consortia often focuses on the benefits a member library expects to receive in return for its paid membership in a consortium. This article takes a look at the literature of library and information science as well as the Web sites of 45 academic library consortia to understand how consortia communicate their benefits, especially in terms of financial value. It initiates a discussion about how academic library consortia could adopt assessment measures that strengthen their value proposition and improve the ways they demonstrate their impact and the impact that their members wield within higher education. [ABSTRACT FROM AUTHOR]