2015
DOI: 10.1087/20150406
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On shifting sands: assessing the financial sustainability of UK learned societies

Abstract: ABSTRACT. This article provides a quantitative

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Cited by 15 publications
(14 citation statements)
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References 4 publications
(5 reference statements)
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“…In year 2015, 279 of almost 600 learned societies in the UK published peer‐reviewed conference proceedings or scientific journals. Their publishing revenues were about £318 million, which constituted 26% of their total income (Johnson & Fosci, ; UUK, , pp. 65–66).…”
Section: Literature Reviewmentioning
confidence: 99%
“…In year 2015, 279 of almost 600 learned societies in the UK published peer‐reviewed conference proceedings or scientific journals. Their publishing revenues were about £318 million, which constituted 26% of their total income (Johnson & Fosci, ; UUK, , pp. 65–66).…”
Section: Literature Reviewmentioning
confidence: 99%
“…It is important to acknowledge that the initial growth of academic journals is in many ways the direct result of efforts by the learned societies that own them (Peters et al ., ). According to Johnson and Fosci (), society members can gain access to advanced knowledge in their respective fields by receiving the free subscription of their society's journals. Another often overlooked benefit of publishing for learned societies is that the net income tends to be invested in public goods such as supporting the subject community, promoting public education, and so on.…”
Section: The Existential Crisis Of Society Publishingmentioning
confidence: 99%
“…Former studies have shown that scholarly societies can become dependent on subscription revenues and explained the risks that transitioning to OA can pose for the societies' financial stability [101,102]. The largest income source is membership subscriptions, followed by publishing, and conferences [102].…”
Section: Society Journals and Publishing Partnershipsmentioning
confidence: 99%
“…The largest income source is membership subscriptions, followed by publishing, and conferences [102]. Johnson and Fosci [101] observed that most societies prefer outsourcing the publishing activities to a publishing house-only 67 of 279 U.K.-based societies published in-house-and attribute this in part to the pressures of market consolidation, which impede smaller society publishers from competing on a level playing field. Through publishing partnerships, societies gain access to technical infrastructure and marketing resources, but are also subject to the publisher's policies and regulations.…”
Section: Society Journals and Publishing Partnershipsmentioning
confidence: 99%