A study reveals that academic mega journals ‘Scientific Reports’ and ‘Nature Communications’ have cornered the market. Key Takeaways: - Scientists paid over $1 billion to large publishers like Springer Nature, Elsevier, Wiley, Taylor & Francis, and Sage in a span of four years to publish their studies with open access. - Academic journals, Scientific Reports and Nature Communications were the major contributors to this income.
- The fees for publishing a study with open access can cost authors or their institutions more than $2,500 per study. Summary: A recent study conducted by Stefanie Haustein and her team from the University of Ottawa reveals that scientists have paid large publishers over $1 billion in a four-year period to have their studies published with open access. The study found that Springer Nature took the largest share of this revenue, followed by Elsevier, Wiley, Taylor…
