How do scientific journal publishers monetize their publications?

Scientific journal publishers monetize their publications through a combination of subscription fees, article processing charges (APCs), and advertising. Subscription fees are typically collected from individuals and institutions that want access to the journal's content. These fees provide a steady revenue stream and are often the primary source of income for publishers. In recent years, many publishers have also implemented APCs, which are charges paid by authors for their articles to be published open access. This model allows free access to the articles, while authors or their funding institutions cover the publication costs. Additionally, publishers generate revenue through advertising, either by selling ad space in print editions or by offering advertising opportunities on online platforms. Nonetheless, the shift towards open access models and the rise of alternative publishing platforms have challenged traditional publisher monetization methods, necessitating exploration of new strategies.

This mind map was published on 27 November 2023 and has been viewed 88 times.