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RE: Future of the "subscription model?"
- To: "firstname.lastname@example.org" <email@example.com>
- Subject: RE: Future of the "subscription model?"
- From: "Armbruster, Chris" <Chris.Armbruster@EUI.eu>
- Date: Mon, 31 Oct 2011 20:17:46 EDT
- Reply-to: firstname.lastname@example.org
- Sender: email@example.com
To date, the subscription model seems alive and well and still in the best interest of many publishers, societies and libraries. We are still waiting for evidence that libraries (and their institutions) are willing to substantially reduce and/or forego the subscription-based model. On the part of the libraries, one would like to hear more about how they envision their (future) role if they cancel subscriptions and move money to open access publishing. Most large publishers have set up open access publishing operations, and although some of them and many societies they are publishing for, might hope that open access publishing remains limited, it would seem up to the buyers (libraries/institutions) to prove that open access publishing is not just an additional revenue stream (provided by funders on behalf of authors), but the new/desired standard. What evidence do we have? How much APCs are 'new' money and how much are 'converted' library funds? Even if open access publishing would become a large-scale business model (a threshold could be set, e.g. 25% of journals with JIF or in Ulrich's), and particularly if it was based on models such as PLoS One, PMC or SSRN, then there would be some scope for new subscription-based models to help readers navigate. Content curation at SSRN, as subscription-based service, has already been mentioned. More will follow. The interesting question would seem to be how the subscription-based model will evolve... a)as main business model, that as growth slows (or even shrinks somewhat?) is supplemented by article-processing charges as new stream of income? b)as business model for premium content (high rejection rate, large editorial contribution, mag features etc.) while the bulk of the scientific record is published in open access (at USD/EUR/GBP 1000-2000)? c)as bifurcated model, with big deals for institutions, and new models (flatrate, 99c PPV) that reach more and new readers (hospitals, industry) through the syndication of content and its curation? d)as new business model for sorting through the large mass of open access content and delivering to users what they are looking for? Chris Armbruster