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A comment on That $35 that scientific journals charge goes 100% to publisher, 0% to authors. Parent comment

Re:That $35 that scientific journals charge goes 100% to pub... by Vinnl on Wednesday August 01, 2018 @03:33AM (#17660349)
Wikipedia definitely it not cheap, the donations that it receives are not a little, and web hosting are not its only costs.
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Re:That $35 that scientific journals charge goes 100% to pub... by IshKebab on Wednesday August 01, 2018 @07:34AM (#17661528)
Wikipedia only spends $2m on hosting out of a budget of $91m. It's biggest expense is salaries ($33m).

But this is one of the biggest sites in the world. Something closer to what Journal Publisher's would need is Arxiv.

Arxiv's budget is $1m of which they spend $60k on hosting and basically all of the rest on staff and staff support.

Eslevier's revenue is £2.5b. billion. Their profit margin is over 50%. What a monumental waste.

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Re:That $35 that scientific journals charge goes 100% to pub... by Vinnl on Wednesday August 01, 2018 @10:25AM (#17662738)
Their profit margins is usually between 30-40%. Which is still a monumental waste.
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