Open Access News

News from the open access movement


Friday, June 30, 2006

More on PLoS' finances

Balaji Ravichandran, Head of Public Library of Science defends financial security of publishing group, BMJ, July 1, 2006. BMJ only provides OA to the first few paragraphs:
The head of a leading online publishing house, the Public Library of Science (PLoS), has defended the financial viability of the venture after an article in Nature last week (2006;441:914) suggested that the author-pays model of funding publications, which PLoS uses, may be in crisis.

“It will not be long before substantial evidence has accumulated to demonstrate the financial viability of the author-pays model,” said Mark Gritton, chief executive officer of the open access publishing group....