Re:On pastrami and the business of PLOS
by a_bonobo on Monday March 28, 2016 @10:34AM
(#11374461)
I've published an unfunded side-project in PLOS ONE for free, they have a no-questions-asked free publication option. Back then, about 3 or 4 years ago, there was a box with "How much are you willing to pay?", I entered 0, it was published.
Present "common wisdom": PLOS proved you can run a high-profile, open access journal and be a real business.
Future (who wants to take on this challenge?): Run an open access, high profile journal that charges less than $100/ article to publish.
....
Current price for each published article in PLOS: PLOS Biology $2,900 USD PLOS Medicine $2,900 USD PLOS Computational Biology $2,250 USD PLOS Genetics $2,250 USD PLOS Pathogens $2,250 USD PLOS Neglected Tropical Diseases $2,250 USD PLOS ONE $1,495 USD
PLOS Genetics has something like 720 articles published per year so you can do the math on what they make from those fees.