Scientists paid large publishers over $1 billion in four years to have their studies published with open access | Science | EL PAÍS English

peter.suber's bookmarks 2023-11-27

Summary:

"For the last half century, scientists have followed the same method to publish their research. For example, a scientist discovers a treatment for cancer, other researchers check that the data is correct, and the final results are published in a study in an academic journal. If it is not published, it is not science. However, in recent years the system has undergone a transformation. It is no longer the readers who pay to read the studies, but the authors themselves who pay for their research to be published in digital journals with open access. Led by German expert Stefanie Haustein, a group of scientists has now calculated the turnover of the “oligopoly” that controls this new market. Using mainly public funds, the scientific community paid the five large publishers $1.06 billion in four years. And according to this estimate, the sum covers only the fees to publish open access studies....

Stefanie Haustein’s team from the University of Ottawa (Canada) has spent “years” collecting data from the period 2015-2018. According to their calculations, Springer Nature took the lion’s share, with $589.7 million, followed by Elsevier ($221.4 million), Wiley ($114.3 million), Taylor & Francis ($76.8 million), and Sage ($31.6 million). The fees required for a study to be made available with open access are officially called “article processing charges,” and on average, authors or their institutions have to pay more than $2,500 per study. French sociologist Pierre Bataille refers to the publishers’ charges as “research vampirization.” ...

Stefanie Haustein considers it “obscene” that the profit margins of the main publishers “reach between 30% and 40%, well above most industries.” The researcher gives the example of the Dutch giant Elsevier, which last year published 600,000 studies, a quarter of which were open access. Elsevier’s annual income was $3.5 billion, with $1.3 billion in profit, according to its 2022 accounts. “This means that for every $1,000 that the academic community spends on publishing in Elsevier, about $400 go into the pockets of its shareholders,” Haustein explains....

The author warns that these five large publishers have tripled their number of open access studies since 2018 and have increased their prices, so the current expenditure will be well above $1 billion...."

Link:

https://english.elpais.com/science-tech/2023-11-21/scientists-paid-large-publishers-over-1-billion-in-four-years-to-have-their-studies-published-with-open-access.html

From feeds:

Open Access Tracking Project (OATP) » peter.suber's bookmarks

Tags:

oa.new oa.fees oa.economics_of oa.gold oa.journals oa.monopoly oa.profits oa.publishers

Date tagged:

11/27/2023, 09:24

Date published:

11/27/2023, 04:24