The report looks closely at how academic libraries manage and possibly alter their academic journal purchasing and collection practices in the near future. The study gives detailed data on how much libraries have been spending on academic journals, and what percentage of their subscription base is accounted for by print alone, print/electronic, or electronic alone subscriptions, with detailed statistical breakdowns for each type of subscription. The report also presents exhaustive information on the role of so called "Big Deals" in journals purchasing. Survey participants also rate their satisfaction with their ability to assess journal usage on campus and, in open ended questions, discuss what they have done and plan to do in their journals purchasing regime.