Open Access News

News from the open access movement


Friday, June 23, 2006

More on Nature's coverage of PLoS' finances

Nick Anthis, A Natural Conflict of Interest as Nature Criticizes PLoS, The Scientific Activist, June 22, 2006. Excerpt:

It's not surprising that the article's tone is so harsh (and that its bias is readily apparent), since Nature and the other commercial publishers have resisted the open access movement, something that threatens to undermine their profit making ability. Although PLoS is still trying to get up off the ground and reach the break-even mark, it has only been publishing for less than three years, and it has largely been a success, with its flagship journal PLoS Biology already earning the impressive impact factor of 14.7.

Still, it's worrying to see such a large gap between PLoS's earnings and expenses, and it's important that PLoS takes decisive action to address this situation, since all of academia's eyes are watching every up and down of the tangible symbol of the open access movement.

PLoS began with incredibly ambitious goals. Although the idea of forming a successful open access publishing organization would have surely been intimidating enough, PLoS went a step further by trying to compete directly with the top scientific journals in various fields. So far the results have been positive, but there's a long way to go to prove the staying power of open access.

PLoS has quite a bit working against it, and, unfortunately for PLoS, there's little room for failure, as Nature's response shows.