Sweden’s universities and research institutes have canceled all Elsevier subscriptions effective 30 June 2018, saving €12 million/year. Hundreds of universities in Germany, Peru, and Taiwan have already canceled subscriptions with Elsevier after renewal negotiations reached an impasse.
This follows 250 French universities canceling subscriptions with Springer Nature, resulting in savings of €5 million/year. Not to mention that universities in the Netherlands canceled all subscriptions with Oxford University Press in May 2017. Or that the University of Montreal reduced its subscriptions to Taylor & Francis by 93%, cutting over 2,000 journals.