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Elsevier's Publishing Model Might be About to Go Up in Smoke
No, there isn’t a monopoly on scientific journal publishing: but there is on the last 50 to 60 years’ worth of papers that have been published and are now copyright of said publisher. This is leveraged into the power to make college libraries pay eyewatering amounts for subscriptions.
There’s not much new about this analysis and investors in Reed Elsevier, the owners of Elsevier, either do or should know all of this.
However, there’s something hapening that might change this, for Reed Elsevier shareholders, quite delightful position. That is, a revolt of the academics who provide both the papers and the readership.