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Macmillan CEO on PLoS' finances
Richard Charkin is the CEO of Macmillan, the owner of Nature. Yesterday he posted a note on his blog about the recent Nature article on PLoS' finances (thanks to William Walsh):
...And finally an excellent article in Nature which analyses the financial standing of the most important open access organisation The Public Library of Science. What the article shows is that the 'author pays' model for scientific publishing is likely to be unsustainable without charitable support. I don't think that scientific publishing should be a charitable enterprise. Its innovation and growth has been driven by commercial market pressures to improve which have always been the best guarantee of high-quality service. The alternatives nearly always end in bureaucracy and protection of the status quo. Comments.
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