Hacker News new | ask | show | jobs
by dougmccune 2709 days ago
> The crux of this entire problem is that nobody knows how much it really costs to run a journal in the digital age. Or at least they're not telling. I'm not talking about costs excluding unpaid volunteers. I mean the full cost.

I know you're asking about the full cost including the time of the people working for free, which you're right, is an impossible number to get. But I fail to fully see your point. The new journal that's going to be run by MIT Press isn't going to start paying editors and reviewers any differently than Elsevier (meaning not paying them).

To answer one of your questions, the article mentions they are indeed going to try to charge less for APCs ($600-800 instead of $1,800), and they're going to be fully OA, but those are the only major changes.

But to part of your question about the cost of publishing, PLOS publishes their financials [1], as does eLife [2]. eLife published 1,307 papers in 2017 and had total expenses of 5.3m GBP (~6.9m USD) for an average per-article expense of $5,244. PLOS published ~27,000 articles in 2016 [3] and had total expenses of $42.8m USD for an average per-article expense of ~$1,500. These of course aren't apples to apples comparisons, since what they're trying to do with this journal isn't the same as what PLOS does or what eLife does. But I think those are some good ballparks to understand what the range kind of looks like.

[1] https://www.plos.org/financial-overview

[2] https://elifesciences.org/inside-elife/50d52087/annual-repor...

[3] https://www.plos.org/files/PLOS-Annual-Update-2016-online.pd...