[Open-access] World budget for scholarly publishing (journals)

Mon Oct 15 09:58:43 UTC 2012

On Mon, Oct 15, 2012 at 10:55 AM, Laurent Romary <laurent.romary at inria.fr>wrote:

> Just to make sure (:-}) in your language, billion is 10power6, is that
> right?
>

No,
That is 1 million.

1 billion in modern English is 10power9

[many years ago in England 1 billion was 10power12; that is now 1 trillion;
we used to say "an Americal billion" for 10power9]

> Le 15 oct. 2012 à 11:32, Mike Taylor <mike at indexdata.com> a écrit :
>
> > On 15 October 2012 10:07, Laurent Romary <laurent.romary at inria.fr>
> wrote:
> >> Dear all,
> >> I remember PMR mentioning some figures concerning the annual budget
> academic institution dedicate to scholarly publishing (mainly journal
> subscriptions). Can someone remind me of a figure and possibly a source.
> >
> > See "The STM Report: an overview of scientific and scholarly journal
> > publishing" at
> > http://www.stm-assoc.org/2009_10_13_MWC_STM_Report.pdf
> >
> > page says that "The annual revenues generated from English-language
> > STM journal publishing are estimated at about $8 billion in 2008, up
> > by 6-7% compared to 2007, within a broader STM publishing market worth
> > some $16 billion."
> >
> > For some disturbing maths based on this figure, see
> >
> http://svpow.com/2012/07/18/what-does-it-cost-to-publish-a-paywalled-paper-with-anyone/
> >
> > -- Mike.
>
>
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-- 
Peter Murray-Rust
Reader in Molecular Informatics
Unilever Centre, Dep. Of Chemistry
University of Cambridge
CB2 1EW, UK
+44-1223-763069
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