The traditional mode of operation of academic libraries is in crisis due to a combination of zero growth funding, rapidly escalating pricing on information resources (especially scientific journals), necessary investments in technology and human resource development, and increasing customer expectations. These issues are addressed as they relate to DTV (i.e., the university library at the Technical University of Denmark, as well as Denmark's national center for technical scientific information). Developments in scientific publishing are discussed, including implementation of new technology, and increased cooperation and competition among publishers, database producers, agents, and other intermediaries. Taking advantage of these developments in scientific publishing, including coping with the escalating pricing of information resources, and the cost of processing and transforming these products into user services, is considered. The plan for re-engineering DTV library services is described, as well as the following main elements of the plan: (1) development of a common user interface to databases, electronic tables of contents, and electronic full-text journals; (2) staff reductions; and (3) a human resource development project to train staff in new procedures associated with the handling of electronic resources. Major service improvements, lessons learned, and perspectives for academic libraries are summarized. (MES)