Open Access News

News from the open access movement


Wednesday, November 30, 2005

Can journals afford to lower prices and profits?

Dana Roth, Open Access Archives and STM Publishers, STLQ, November 25, 2005. Excerpt:
One wonders when commercial publishers might re-think their marketing strategies and recognize that their library subscribers deserve some compensation for years of annual price increases that far exceed inflation (for either CPI or pagination). The cumulative effect of decades of these often questionable price increases is exemplified by an analysis of the 2004 subscription costs, pagination, and cost/page. [Table for six journals]...Factoring in the ISI Impact Factors (IP) and normalization of the cost/page/IP values for each commercial journal against the Journal of the Electrochemical Society (JES) produces some very startling results. These normalized values (2004N$/p/IP) are possibly a measure of the cost-effectiveness of each journal compared with JES. [Table for six journals]...Given these presumably handsome profits, would it be unreasonable to suggest that commercial publishers consider making their online archives freely available thru an equivalent of PubMed Central? One can only imagine the enormous positive public relations that the first commercial publisher will receive for this small token of appreciation to the library and research community ... and that this might encourage others to follow suit. This would also have the beneficial effect of freeing up funds for the learned society journal back files, which when their capital costs are met could also be made freely available. Thus, with a little publisher cooperation, an Open Access environment for virtually all journal articles published more than ten years ago would be a reality.