[IRTalk] Elsevier’s profits swell to more than £900 million - Times Higher Education Feb 2018

[Ina Smith]

https://www.timeshighereducation.com/news/elseviers-profits-swell-more-ps900-million
But ‘risks’ of open access and a shift away from subscription model could halt growth, publisher’s financial results reveal (February 20, 2018)

The world’s largest academic publisher grew its profits to more than £900 million last year, although it warned that a move towards openly available research could hurt its business.

Elsevier, currently locked in a dispute<https://www.timeshighereducation.com/news/will-other-countries-follow-germany-battle-elsevier> with German research institutions that want it to move away from a paywalled subscription model towards pay-to-publish open access, had its financial results<https://www.relx.com/~/media/Files/R/RELX-Group/documents/press-releases/2018/relx-group-results-2017-pressrelease.pdf> released last week as part of those of its parent company, RELX.

Ina Smith
Project Manager: African Open Science Platform<http://africanopenscience.org.za/>
Academy of Science of South Africa (ASSAf)
DOAJ Ambassador, Southern Africa Region<https://blog.doaj.org/2016/09/07/the-doaj-ambassadors-biographies/>
LIASA Librarian of the Year 2016<https://loy2016blog.wordpress.com/>

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