[Irtalk] #FSSC: Are publisher profits justifiable? | Publishing blog | Royal Society

[Hilton Gibson]

*And this in the end is the conclusive argument against legacy publishers
such as Elsevier: irrespective of what the profit margins are, the prices
are simply too expensive*. There is no legitimate need for the Wellcome
Trust to continue spending an average of £1821 ($2730) on APCs, mostly with
legacy publishers, *when newer born-digital publishers can do an
objectively better job for much less money*

http://blogs.royalsociety.org/publishing/fssc-are-publisher-profits-justifiable/
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