> I'm curious what the business expenses of a digital publisher like Elsevier look like. Me too. Their investor relations report [0] is the best source I know

> I'm curious what the business expenses of a digital publisher like Elsevier look like. Me too. Their investor relations report [0] is the best source I know of, but it's pretty vague. I only see breakdowns of revenue, no details regarding operating costs. PLOS One is transparent regarding their costs though [1]: - 46% publishing, editorial - 18% publishing, production - 15% publishing, technology - 16% general & admin - 5% publication fee rebates [0] https://www.relx.com/~/media/Files/R/RELX-Group/documents/results/results-presentations/2020-results-presentation.pdf https://www.relx.com/~/media/Files/R/RELX-Group/documents/re... [1] https://plos.org/financial-overview/ https://plos.org/financial-overview/