Open Access News

News from the open access movement


Thursday, June 23, 2005

Blackwell increases profits and OA experiments

Katherine Rushton and Bobby Pickering, Blackwell Publishing journals boost profits, Information World Review, June 22, 2005. Excerpt: 'Blackwell Publishing grew sales by 10% to £191m last year, helping to push profits up 27% to a record £31.7m, despite the impact of the weak US dollar. Chief executive Rene Olivieri attributed the growth to an increase in the number of journal titles, more carefully tailored content and "targeted electronic marketing"....Meanwhile, the company has announced that 30 journals will be taking part in its open access experiment, Online Open, launched in February. During the trial period, to the end of 2006, authors of accepted articles will have the option to pay a £1250 ($2500) fee to make the articles available through Blackwell's online Synergy service. They will also be included in the print edition of journals with an indicator that the article is available for free online.'