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The publishing of academic journals generates billions of profit per year. One could easily decimate these profits and still have a viable industry, whatever de
by Luc 11y ago
The publishing of academic journals generates billions of profit per year. One could easily decimate these profits and still have a viable industry, whatever definition of decimate one cares to use.
Profit margins around 40% if I recall...
- kilotaras 11y agoProfit margins doesn't mean much in this case. Most science related work (e.g peer review) is done for free. Typesetting costs around $30 per article [1]. It looks like big part of spending is administration and lawyers for taking down copies of the articles. [1] https://discrete-analysis.scholasticahq.com/post/40-welcome-to-discrete-analysis https://discrete-analysis.scholasticahq.com/post/40-welcome-... (ctrl+f $30)