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<p class="MsoNormal" style="margin-bottom:9.4pt"><span style="font-size:10.5pt;font-family:"Century Gothic",sans-serif;color:#494343;mso-fareast-language:EN-ZA"><a href="https://www.timeshighereducation.com/news/elseviers-profits-swell-more-ps900-million">https://www.timeshighereducation.com/news/elseviers-profits-swell-more-ps900-million</a>
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<p class="MsoNormal" style="margin-bottom:9.4pt"><span style="font-size:10.5pt;font-family:"Century Gothic",sans-serif;color:#494343;mso-fareast-language:EN-ZA">But ‘risks’ of open access and a shift away from subscription model could halt growth, publisher’s
financial results reveal (<b>February 20, 2018)</b></span><span style="font-size:10.5pt;font-family:"Century Gothic",sans-serif;color:#494343"><o:p></o:p></span></p>
<p style="mso-margin-top-alt:0cm;margin-right:0cm;margin-bottom:9.4pt;margin-left:0cm;background:white">
<span style="font-size:10.5pt;font-family:"Century Gothic",sans-serif;color:#494343">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.<o:p></o:p></span></p>
<p style="mso-margin-top-alt:0cm;margin-right:0cm;margin-bottom:9.4pt;margin-left:0cm;background:white;box-sizing: border-box;overflow-wrap: break-word;word-break:break-word;font-variant-ligatures: normal;font-variant-caps: normal;orphans: 2;text-align:start;widows: 2;-webkit-text-stroke-width: 0px;text-decoration-style: initial;text-decoration-color: initial;word-spacing:0px">
<span style="font-size:10.5pt;font-family:"Century Gothic",sans-serif;color:#494343">Elsevier, currently <a href="https://www.timeshighereducation.com/news/will-other-countries-follow-germany-battle-elsevier"><span style="color:#1169A3;text-decoration:none">locked
in a dispute</span></a> with German research institutions that want it to move away from a paywalled subscription model towards pay-to-publish open access, had its <a href="https://www.relx.com/~/media/Files/R/RELX-Group/documents/press-releases/2018/relx-group-results-2017-pressrelease.pdf"><span style="color:#1169A3;text-decoration:none">financial
results</span></a> released last week as part of those of its parent company, RELX.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.5pt;font-family:"Century Gothic",sans-serif;color:#1F4E79"><o:p> </o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:10.5pt;font-family:"Century Gothic",sans-serif;color:#1F497D;mso-fareast-language:EN-ZA">Ina Smith</span></b><span style="font-size:10.5pt;font-family:"Century Gothic",sans-serif;color:#1F497D;mso-fareast-language:EN-ZA"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.5pt;font-family:"Century Gothic",sans-serif;color:#1F497D;mso-fareast-language:EN-ZA">Project Manager:
<a href="http://africanopenscience.org.za/"><span style="color:#0563C1">African Open Science Platform</span></a>
<br>
Academy of Science of South Africa (ASSAf)<br>
<a href="https://blog.doaj.org/2016/09/07/the-doaj-ambassadors-biographies/"><span style="color:#0563C1">DOAJ Ambassador, Southern Africa Region</span></a><br>
<a href="https://loy2016blog.wordpress.com/"><span style="color:#0563C1">LIASA Librarian of the Year 2016</span></a><o:p></o:p></span></p>
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<p class="MsoNormal"><a href="http://orcid.org/"><span style="font-size:10.5pt;font-family:"Century Gothic",sans-serif;color:#338CAF;mso-fareast-language:EN-ZA;text-decoration:none"><img border="0" width="16" height="16" id="Picture_x0020_1" src="cid:image001.gif@01D480B1.50130EE0" alt="http://orcid.org/sites/default/files/images/orcid_16x16(1).gif"></span></a><span style="font-size:10.5pt;font-family:"Century Gothic",sans-serif;color:#1F4E79;mso-fareast-language:EN-ZA">
<a href="http://orcid.org/0000-0002-9710-3668"><span style="color:#0563C1">http://orcid.org/0000-0002-9710-3668
</span></a></span><u><span lang="EN-US" style="color:#0563C1;mso-fareast-language:EN-ZA"><o:p></o:p></span></u></p>
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<p class="MsoNormal"><span style="font-size:10.5pt;font-family:"Century Gothic",sans-serif;color:#1F497D;mso-fareast-language:EN-ZA">Switchboard: +27 12 349 6600
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<p class="MsoNormal"><span style="font-size:10.5pt;font-family:"Century Gothic",sans-serif;color:#1F497D;mso-fareast-language:EN-ZA">Tel: +27 12 349 6641
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<p class="MsoNormal"><span style="font-size:10.5pt;font-family:"Century Gothic",sans-serif;color:#1F497D;mso-fareast-language:EN-ZA">Email:
</span><span style="font-size:10.5pt;font-family:"Century Gothic",sans-serif;color:#1F4E79;mso-fareast-language:EN-ZA"><a href="mailto:ina@assaf.org.za"><span style="color:#0563C1">ina@assaf.org.za</span></a></span><span style="font-size:10.5pt;font-family:"Century Gothic",sans-serif;color:#1F497D;mso-fareast-language:EN-ZA">
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