The discussions between libraries and major publishers about subscriptions have only rarely been actual negotiations. In almost all cases the libraries have been unwilling to walk away and the publishers have known this. This may be starting to change; Dutch libraries have walked away from the table with Elsevier.Actually, negotiations continued and a year later John Bohannon reported for Science that a deal was concluded:
A standoff between Dutch universities and publishing giant Elsevier is finally over. After more than a year of negotiations — and a threat to boycott Elsevier's 2500 journals — a deal has been struck: For no additional charge beyond subscription fees, 30% of research published by Dutch researchers in Elsevier journals will be open access by 2018. ... The dispute involves a mandate announced in January 2014 by Sander Dekker, state secretary at the Ministry for Education, Culture and Science of the Netherlands. It requires that 60% of government-funded research papers should be free to the public by 2019, and 100% by 2024.By being willing to walk away, the Dutch achieved a partial victory against Elsevier's defining away of double-dipping, their insistance that author processing charges were in addition to subscriptions not instead of subscriptions. This is a preview of the battle over the EU's 2020 open access mandate.
The UK has just concluded negotiations, and a major German consortium is in the midst of them. Below the fold, some commentary on their different approaches.