Caitlin Cassidy, The Guardian, 10th March 2024
“We’ve set up a crazy system where publishers own and control knowledge and we’ve let them do that,” Foley says. “Researchers give content for free, sign over copyright, and publishers make a lot of money.
“You can get rubbish, nonsense and misinformation online for free but you have to pay for the good stuff. We need to make sure we’re getting the right information out there.”
Journal publishers have one of the highest profit margins of any industry, taking in an estimated $20bn US a year.