Who owns journals?
September 14, 2013
Suppose you’re working on a Wealden sauropod — for example, the disturbingly Camarasaurus-like isolated dorsal vertebra NHM R2523 — and for some reason you desperately want to publish your work in Cretaceous Research.
But it’s published by Elsevier, which means that if you’re committed to open access, you have to find an exorbitant $3300 for the APC. Since Elsevier’s profit margin is 37.3%, you know that $1230.90 of your APC is going to be sliced right off the top. I’ve heard it said (but don’t have a reference for this) that barrier-based publishers spend something like 40% of their costs on marketing subscriptions. So there goes another $827.64. And because legacy publishers have to spend a fortune on paywalls, authentication systems, lawyers, spin-doctors, lobbyists and the like, that could well account for, say, half of the remainder. If that’s correct, then only $620.73 of your APC — 19% of what you give them — is actually paying for publishing services such as copy-editing, typesetting, Web hosting and archiving.
You could be forgiven for thinking that’s not the best way to spend your $3300.
it would of course be much cheaper to publish in PLOS ONE, or PeerJ, or eLife, or F1000 Research, or one of the relevant BMC journals. But let’s suppose that your heart is set on Cretaceous Research.
I don’t know how common it is for people to find themselves in this situation, but I’m guessing it crops up more often than somewhat. Often enough, maybe, that the editors wish that the journal they run was published by someone other than Elsevier.
So my question is this: who “owns” journals? For example, we know JVP could move away from T&F if they wanted — at least, when its four-year contract expires — but could Cretaceous Research move from Elsevier? Do the editorial board “own” it? Or does Elsevier? If the CR editors hypothetically wanted to keep running their journal but as (say) an open access Ubiquity Press journal with a £250 APC, would they be forced to start The New Journal of Cretaceous Research, leaving the old one to wither with no editors?
And just to be clear: this isn’t a question about Cretaceous Research, Elsevier and Ubiquity. They’re just examples. It’s about the broader problem of who controls what journals, and what the people who actually run those journals can do about it.