Open Access News

News from the open access movement

Thursday, April 29, 2004

Reed Elsevier projects rosy future

Dan Milmo, Reed expects US recovery to lift business division, The Guardian, April 29, 2004. At a shareholders' meeting yesterday, Elsevier executives projected rising revenues in their trade publications division, due to anticipated economic improvement in the US, among other factors. The article also reports: " Reed said subscription renewals at its largest division, science and medical, were strong despite pressure on academic library budgets. The group has brushed off the threat of open access publishing, where academic institutions and companies do not have to pay to download journals from the internet."