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 [log in to unmask] www.nowpublishers.com