News for hackers. Stuff that matters.

A comment on Radical open-access plan could spell end to journal subscriptions. Parent comment

Re:Radical open-access plan could spell end to journal subsc... by dragonwriter on Tuesday September 04, 2018 @12:12PM (#17910083)
> PLoS is a non-profit with publishing fees up to $3000, so I think their point is that high costs are not simply profit

“Non-profit” does not mean an organization does not earn profits. It means that it is not a vehicle for returning profits to particular stakeholders (owners, shareholders, LLC members, etc.)

[ Parent | on HN ]
Re:Radical open-access plan could spell end to journal subsc... by wpietri on Tuesday September 04, 2018 @12:19PM (#17910157)
And I'd add that it's also not particular proof of efficiency. Non-profits can be amazingly effective at using money to further their missions. They can also be enormous boondoggles.
[ Parent | on HN ]