From: Zac Rolnik <[log in to unmask]>
Date: Fri, Jan 8, 2016 at 11:52 AM

I just saw this great article on Bloomberg about academic publishing
and thought it might interest the Liblicense-l community.

http://www.bloombergview.com/articles/2016-01-05/academic-publishing-is-all-about-status

Per this article, "in 2011, Sanford Bernstein downgraded Reed Elsevier
to underperform (aka “sell”) because of concerns that library budget
crunches and the rise of open access would threaten its profit
margins. Three years later the share price had roughly doubled...
[Perhaps] open access wasn’t as big a threat to the journal business
as was thought. Since then (Sept. 24, 2014), Reed Elsevier stock is up
another 19 percent in British pounds (7 percent in U.S. dollars)."

Zac

Zac Rolnik
now publishers
po box 1024
hanover, ma 02339 usa
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www.nowpublishers.com