Re:Radical open-access plan could spell end to journal subsc...
by IanCal on Tuesday September 04, 2018 @01:00PM
(#17910613)
> It means the company cannot be sold, and all profits have to be reinvested
Right, so the incoming money is spent on the company itself - so should represent the long term running costs, surely.
> And PLOS, like for-profit publishers, has in the past had very large profit margins (and has been criticised for this, e.g. [1]).
I'm not sure I'd say those are extreme, $5M on $50M in revenue. Even if you removed that you would still have APCs of ~$1450-2700 which I don't think would change the original point.
Right, so the incoming money is spent on the company itself - so should represent the long term running costs, surely.
> And PLOS, like for-profit publishers, has in the past had very large profit margins (and has been criticised for this, e.g. [1]).
I'm not sure I'd say those are extreme, $5M on $50M in revenue. Even if you removed that you would still have APCs of ~$1450-2700 which I don't think would change the original point.