Open Access News

News from the open access movement


Thursday, December 02, 2004

Elsevier's forecast

Jeffrey Goldfarb, Reed sees stronger 2005, Reuters UK, December 2, 2004. Excerpt: 'The publisher said the market for science research is "challenging" as academic library budgets remain tight. Migration to electronic products also is picking up, cannibalizing some revenues as costs decrease. Scientific publishing, the biggest of Reed Elsevier's four units, faces a potential challenge from a movement to make journals freely available in an "open access" model. "The scientific journals business operates in an environment of continuing weak funding growth for the majority of customers which does constrain the market opportunities," the company said.'