What Is the State of the Big Deal?

The article discusses the concept of Big Deal, a comprehensive licensing agreement in which a library or library consortium agrees to buy electronic access to all or a large portion of a publisher's journals and its profound impact on how people understand collection building in the modern era. One of the major implications of the agreement is the need for a library to commit a large portion of its collection budget. A list of the key challenges faced by academic libraries is also offered.