After several high surplus years, a relatively small 2016 deficit will not sink PLOS. However, the trend over the past five years does not look encouraging, and 2017 looks no better.
Annual reports from publishing organizations always have a marketing slant, even when they are required filings with governmental bodies. But some are more marketing-oriented than others, and should not be mistaken for transparency, but rather tend toward rationalization. eLife’s recent report, challenging others to be as transparent, is itself opaque and purposeful.