Last week Wiley acquired Hindawi for $298M or a multiple of 7.45 based on 2020 Hindawi revenue. Hear why and what comes next from Wiley’s EVP of Research, Judy Verses, and VP of Open Research, Liz Ferguson.
Hindawi recently announced they would no longer be members of the STM association, citing the trade association’s ‘overwhelming focus on protecting business models of the past’. What does this mean for Hindawi and for the industry?
A new report from Simba surveys the current scientific and technical publishing markets. These segments are essentially flat. Incumbents are seeking growth elsewhere. Interestingly, open access has not had much of an impact on the revenue of traditional publications.
It is challenging to come up with an open access program for books that is financially sustainable. One strategy has been proposed by Unglue.it, which uses crowdfunding to purchases copyrights from authors.
Green Open Access can lead to the cancellation of subscriptions to journals. The environment for OA, however, is full of nuance and resists easy characterization.
Two separate but coincidental stances toward money and OA show that when it comes to getting things done, there’s nothing quite as useful as the right incentive — even when it turns OA principles on their head.
Business models for publishers fall into four broad categories, defined by how revenue is generated. Some classes of content lend themselves to one model over another.
Maligned though it often is, the Big Deal for journals is likely to get bigger, marginalizing the offerings of smaller publishers.