Who will be sad if you share the article processing charge with other researchers?
The article processing charge (APC) is currently the primary method of funding open access (OA) peer-reviewed journals and is part of the wide global Open Access OA’s ethics debate.
APC fees applied to academic research are usually expensive, from under $100 to over $5000, and even sometimes as high as €9500 for the journal Nature.
A 2019 analysis has shown 75% of European spending on scientific journals goes to ‘big five’ publishers (Elsevier, Springer Nature, Wiley, Taylor & Francis and the American Chemical Society (ACS)). Together they accounted for 56% of articles published.
RELX, the parent company of Elsevier, had revenues of $9.8 billion in 2019. Elsevier’s profits account for about 34% of RELX’s total profits. By contrast, Informa, Taylor & Francis’ parent company, had revenues of $3.6 billion in 2019.
Suggest your paper or join to other researchers with our Article List:
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- Time to publish: 6-12 months
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