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Posts Tagged ‘STM Publishers

STM journals: the end of Big Deal is approaching!

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A very interesting annual report by Allen Press shows how some new trends on the american publishing industry could definitely change the business models of Big STM publishers…

Some findings:

Budget cuts have become inevitable, forcing publishers to restrategize and libraries to make even tougher purchasing decisions. (…)

2012 journal prices increased but not at the levels seen in prior years… (…)

Pressure on Publishers:

  • Publishers are also faced with the ongoing erosion of their subscription bases. Some institutions  simply cannot make ends meet when it comes to their shrinking or flat budgets
  • Publishers are also struggling to get the advertising dollars they once did to help financially support their publications. (…) Online advertising has not proved to bring in revenue equitable to that of its print counterpart
  • Increasing competition, especially from new Open Access and mega journals, has added to the struggle of publishers as well

Despite implementing cost-cutting actions, many libraries continue to struggle to keep up  with increasing serials pricing. Libraries do not have the resources to continue to exist in a world of ever-increasing prices, nor can publishers survive without positive cash flow. (…)

The results indicated that in order to achieve budget goals, 78% of librarian respondents will likely cut print
journals for the next fiscal year and 86% of librarian respondents are likely to move print plus online subscriptions to online only. In 2010, approximately 27% of publishers surveyed reported a decline in their print business greater than 10%. (…)

Mobile access:

Publishers need to be responding to the surge of such technology by making their content readily available on mobile devices. (…) Mobile technology allows library customers to connect to their local library’s virtual catalog for  audiobooks and eBooks. Scientific journal content  is also becoming more available with mobile options such as SciVerse Mobile from Elsevier and EBSCOhost Mobile from EBSCO Publishing. Opportunities to have information anytime and anywhere are constantly growing. (…)

We are now in the middle of a new transition where users demand the ability to consume content anywhere and at all times. Online access is a necessity rather than a novelty or add-on. Content is still key, but it is moving mobile. Libraries, publishers, and users can all benefit, but only if pricing becomes sustainable. (…)

New models suggestion:

We live in a time where library patrons want immediate access to even more journal content, and libraries are searching for ways to meet these demands with even tighter budgets. Thus, pay-per-view (PPV) or transactional access may be the way of the future for some as an alternative to Big Deals. (…) It’s not seen as a replacement, but rather as a supplement to other existing models. Traditional subscriptions still make sense and are the most cost-effective choice for high-usage title (…)

Another emerging option is the read-only short-term loan or article rental. It has a low cost and offers 24-hour access; however, it is not available for download or print, and each use equals another payment… (…)

The End of Big Deal:

In fact, business models have changed tremendously since the arrival of consortial purchasing and the Big Deal. Now, however, libraries are looking for different ways to meet user demands for information in the digital realm. As current methods of selling content become outdated, it may be necessary for publishers to reevaluate their business models(…) …, analysts are suggesting that the end of the Big Deal is approaching.

Open Access:

Librarians and researchers are pushing for a move toward Open Access (OA) because of ever-increasing prices, and it is has become a practical channel for distributing scholarly information. But publishers believe their current business models are a must to maintain the quality of their products, and they have concerns about how to develop a sustainable business model to support OA. (…)

Solution: improve the content

With Big Deals and smaller publishers struggling  to compete, the focus should be on content. (…) Researchers read articles, not journals. Every article needs to be significant and contribute to driving usage of your journal.

Read the full report at:

Tillery, Kodi. 2012 study of subscription prices for scholarly society journals: society journals pricing trends and industry overview. White paper, Allen Press, 2012. 19 p. Available for free from: http://allenpress.com/system/files/pdfs/library/2012_AP_JPS.pdf

Written by hbasset

August 20, 2012 at 7:58 pm

Paid Open Access by STM commercial publishers: a study

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Interesting findings in this indian study:

  • Open access is a BIG THING even for commercial science publishers

  • Fees are often around 2,000 up to 3,000 $

 

DR. RUPAK CHAKRAVARTY &  DIMPLE SHARMA. Paid Open Access: A Comparative Study of Selected International Publishers. International Journal of Digital Library Services (IJODLS), Jan-March 2012, Volume-2, Issue-1, Available from: http://www.ijodls.in/uploads/3/6/0/3/3603729/rupak_96-134_.pdf [Accessed 22 June 2012]

Written by hbasset

June 23, 2012 at 9:42 am

Posted in Journals

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Big STM: the market is still growing

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Publishing forecast firm Simba Information, US, has released a report titled Global Professional Publishing 2010-2011.

According to the report, the global market for professional publishing products and services, led by the legal, science/technical and medical (STM) segments, will grow 3 percent through 2012, reaching $41.4 billion. The report further says print and electronic books were the leading delivery method, closely followed by online services and abstracting/indexing.

Print books still dominate the landscape for professional publishing, representing the largest chunk of revenue from the top 10 leading publishers. Additionally, the report finds double-digit growth for e-books. Mobile and Internet applications have also experienced significant growth recently, as publishers have stepped up production efforts.

http://www.simbainformation.com/about/release.asp?id=2643

Written by hbasset

March 15, 2012 at 9:19 pm

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Open science: change is coming…

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In a very optimistic article, the New York Times reports some great milestones. Initiatives to make the scientific and medical research process more collaborative are gaining traction, as advocates of “open science” are launching open-access publications and social networking websites for researchers.

Some extracts:

advocates for “open science” say science can accomplish much more, much faster, in an environment of friction-free collaboration over the Internet. And despite a host of obstacles, including the skepticism of many established scientists, their ideas are gaining traction”

Some good stories are:

  • Public Library of Science (PLoS)
  •  ResearchGate — where scientists can answer one another’s questions, share papers and find collaborators — is rapidly gaining popularity. Its membership has mushroomed to more than 1.3 million. The Web site is a sort of mash-up of Facebook, Twitter and LinkedIn, with profile pages, comments, groups, job listings, and “like” and “follow” buttons. Only scientists are invited to pose and answer questions.Scientists populate their ResearchGate profiles with their real names, professional details and publications — data that the site uses to suggest connections with other members. Users can create public or private discussion groups, and share papers and lecture materials. ResearchGate is also developing a “reputation score” to reward members for online contributions. ResearchGate offers a simple yet effective end run around restrictive journal access with its “self-archiving repository.” Since most journals allow scientists to link to their submitted papers on their own Web sites, Dr. Madisch encourages his users to do so on their ResearchGate profiles. In addition to housing 350,000 papers (and counting), the platform provides a way to search 40 million abstracts and papers from other science databases. In 2011, ResearchGate reports, 1,620,849 connections were made, 12,342 questions answered and 842,179 publications shared
  •  ScienceOnline conference will have its sixth edition this year
Anyway, these advocates agreed that scientists have been “very inhibited and slow to adopt a lot of online tools.”
Hanging the status quo — opening data, papers, research ideas and partial solutions to anyone and everyone — is still far more idea than reality. Especially because Publishers have to defend their traditionnal business model: “They have shareholders, (…)They have to move the ship slowly.”
“Will the model of science magazines be the same 10 years from now? I highly doubt it,  I believe in evolution“, a publisher says.
Dr. Madisch, of ResearchGate, acknowledged that he might never reach many of the established scientists for whom social networking can seem like a foreign language or a waste of time. But wait, he said, until younger scientists weaned on social media and open-source collaboration start running their own labs.
We’re just at the beginning. The change is coming.”
Lin, Thomas. Cracking Open the Scientific Process. The New York Times, Posted on 17th of January 2012.

http://www.nytimes.com/2012/01/17/science/open-science-challenges-journal-tradition-with-web-collaboration.html?pagewanted=1&_r=1

Written by hbasset

January 17, 2012 at 8:53 pm

Are publishers the enemies of science?

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A provocative but interesting manifesto in The Guardian:

Publishers’ “rhetoric has traditionally been of partnering with scientists, but the truth is that for some time now scientific publishers have been anti-science and anti-publication. The Research Works Act, introduced in the US Congress on 16 December, amounts to a declaration of war by the publishers. (…)

All of this is great for the progress of science, which has always been based on the free flow of ideas, the sharing of data, and standing on the shoulders of giants 

But what’s good for science isn’t necessarily good for science publishers, whose interests have drifted far out of alignment with ours. Under the old model, publishers become the owners of the papers they publish, holding the copyright and selling copies around the world – a useful service in pre-internet days. But now that it’s a trivial undertaking to make a paper globally available, there is no reason why scientists need yield copyright to publishers. (…)

Open-access publishers such as the Public Library of Science are able to make a modest profit on a publication fee of $1,350 (£880). But traditional publishers have become used to making much more than this, and so resist the inevitable conversion to open access.

t’s hardly surprising that publishers would fight dirty to hang on to a business model where scientists do research that is largely publicly funded, and write manuscripts and prepare figures at no cost to the journal; other scientists perform peer-review for free; and other scientists handle the editorial tasks for free or for token stipends. The result of all this free and far-below-minimum-wage professional work is journal articles in which the publisher, which has done almost nothing, owns the copyright and is able to sell copies back to libraries at monopolistic costs, and to individuals at $30 or more per view.

What is surprising is how complicit scientists are in perpetuating this feudal system (…)

The bottom line for scientists is that many publishers have now made themselves our enemies instead of the allies they once were. Elsevier’s business does not make money by publishing our work, but by doing the exact opposite: restricting access to it. We must not be complicit in their newest attempt to cripple the progress of science”.

Dr Mike Taylor. Academic publishers have become the enemies of science. The Guardian, Online, the 16th of January 2012.
http://www.guardian.co.uk/science/2012/jan/16/academic-publishers-enemies-science

Written by hbasset

January 16, 2012 at 8:56 pm

STM Publishing: a growing market

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Media and publishing forecast firm Simba Information, US, recently released a report that provides detailed market information for scientific, technical and medical (STM) publishing, segmented by delivery medium – journals, books, online services, newsletters/looseleafs, directories, and other (audio, video and CD-ROM).

According to the report, amid budgetary pressures and a slow economic recovery, the combined markets for STM publishing grew 3.4 percent to $21.1 billion in 2011.

The market is split evenly between the medical publishing segment and the scientific and technical publishing segment, with the latter posting a faster growth rate in 2011. Each segment is driven by a need for professionals to stay on top of the latest advances. However, a range of trends, including contracting library budgets against rising journal prices and a decline in pharmaceutical advertising, have deterred growth.

In the scientific and technical segment, journals lead the delivery medium with nearly 42 percent of the market, while online services (electronic products that link content with other types of data, software and solutions) came in second, but posted the fastest growth at 6.4 percent in 2011. The delivery medium ranking for medical publishing mirrors its scientific and technical counterpart, with the exception of online services which is the fourth leading medium.

The report, Global STM Publishing 2010-2011, analyses trends impacting the industry, including library cost pressures, the use of social networking, the outlook for pharmaceutical advertising and more. The report includes 20 detailed profiles of the leading STM publishers, including Reed Elsevier, Wolters Kluwer, Springer Science+Business
Media, Pearson, Epocrates, Hearst and others.

http://www.simbainformation.com/about/release.asp?id=2503

Written by hbasset

January 9, 2012 at 9:24 pm

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STM Publishers: The economic crisis is away now

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The world’s largest pub-lishers have begun growing again after weathering the global recession over the past three years, with -Pearson once again emerging as top dog. (…)

Pearson leads the pack as the world’s largest book publisher..
The London-based group is hotly pursued on the list by professional and STM publishers Reed Elsevier, ThomsonReuters, and Wolters Kluwer, each of whom now has sales well above their 2008 levels. (…)

Among the 10 largest groups, professional and STM publishing is the largest sector, with 43% of the total revenues…

http://www.thebookseller.com/news/global-publishing-back-front-foot.html

Written by hbasset

June 21, 2011 at 5:10 pm