Scientific research publishing is a particularly lucrative industry. The most recent estimates suggest that it generates around 19 billion U.S. dollars (or 16.67 billion euros) in annual turnover, with margins of around 40%. These staggering figures largely reflect the fact that the "Big Five" comme...
July 9, 20264 views
Image: Phys.org
Scientific research publishing is a particularly lucrative industry. The most recent estimates suggest that it generates around 19 billion U.S. dollars (or 16.67 billion euros) in annual turnover, with margins of around 40%. These staggering figures largely reflect the fact that the "Big Five" commercial publishers, such as Elsevier, Springer Nature, Wiley, Taylor & Francis and SAGE, are capitalizing on work that is largely funded by public money.
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