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LEARNED SOCIETY PUBLISHING: OPINION'Societies should not be forgotten'Learned societies have always played a major role in scholarly publishing but changes in business models threaten to destabilise this. We asked René Olivieri, the CEO of society publisher Blackwell Publishing, for his insight into this sector
How many societies publish journals and how good are those journals?
Why do societies contract out their publishing to third parties? With the arrival of online publishing, societies began to look to publishers to provide new services, such as society websites, online delivery platforms, online submission systems and consortial sales forces. By not being part of 'big deal' bundles (sales of an entire publisher's journal collection to a library consortium), some societies feared losing out on opportunities to increase revenues and readership. Subcontracting to a specialist publisher retains editorial and pricing control and the freedom to terminate the relationship but allows societies to keep up with market developments and new technologies. It also enables society editors and officers to focus their attentions on attracting authors and members.
If the benefits of outsourcing are so compelling why do many societies continue to publish themselves?
How do big deals of society journals differ from big deals of 'proprietary' content? From the point of view of the aggregating publisher and the librarian, however, these deals are sometimes more complex to administer. The responsible publisher must consult each society on every significant commercial decision it makes. In particular, it will need agreement from each society in order to participate in bundled offerings. Societies will want to understand any changes in the pricing model and agree how revenues earned will be allocated to individual titles. Another complication is that, because these titles are published under contract, the society may change publisher in search of better services or an improved financial return. In any given year, Blackwell Publishing adds upwards of 30 new society journals to its publishing programme. Journals that change publishers can be a nuisance for librarians. More seriously, it makes pricing decisions and negotiations for multi-year deals especially difficult, because the list of titles covered may change over the contract period.
How do societies use the money they gain from publishing? Those societies that do make a surplus reinvest that money, not just in publishing but in a variety of other areas. Roughly 80 per cent of scientists belong to at least one professional society and the money earned from publishing is often used to subsidise membership or subscriptions. Even in an age when site licences are making journal content available outside the library, members continue to benefit from their membership fees. Conferences, organised and subsidised by societies, remain nearly as important as scholarly journals in oiling the wheels of research. It is also not uncommon for societies to fund research directly or provide scholarships to promising graduates. As lifelong learning becomes more widespread, societies are meeting the challenge of providing and accrediting continuing professional development, through programmes and material. Increasingly, societies are also playing a central role in public education and debate. They act as useful filters to help the general public and the media make sense of scientific research and current events. One current example is the launch of patientInform, where the American Cancer Society, the American Heart Association and the American Diabetic Association are collaborating with primary publishers to interpret the scientific literature for patients.
Why should the health of society publishing be considered? |
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