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Effect of online distribution on non-subscription revenue

Whether an online edition of a journal will have any negative effect on non-subscription income streams will vary by journal and field. Non-subscription revenues include advertising, permissions, reprints, individual copy sales, back copy sales, royalties (from online aggregators), and author charges (submission fees, color and page charges, etc.). As a broad generalization, subscription revenues comprise approximately 90 percent of revenues for most scholarly journals. Medical journals, which often generate substantial advertising and reprint revenues, are one exception.

We discuss below some of the issues relevant to several of the principal non-subscription revenue streams: advertising, royalties, permissions, and grants and gifts.

Advertising

With the exception of medical journals, print advertising accounts for less than 10 percent of gross revenue for most journals. Still, advertising can be a significant revenue source for some journals. As long as a society’s members continue to receive print as a component of their membership benefit, a journal’s online availability should not undermine its print advertising revenue. However, if a society elects to offer its members an online-only option, a significant decrease in member print distribution could result in a decrease in advertising revenue. Advertisers in peer-reviewed journals (a significant percentage of which are university presses and other nonprofit publishers) have yet to make the transition to online advertising. Until such time, a society will need to compare this potential lost advertising revenue against the potential savings gained from decreased print fulfillment costs.

Royalties and license fees

The introduction of an online edition of a journal might affect royalty revenues from online aggregations in which the journal is participating. The extent to which this will be the case will depend on whether the aggregation targets a journal’s core market or whether it reaches incremental non-core markets.

If the aggregation delivers the journal’s content to a non-core market that the society would not otherwise reach, the aggregation’s royalty stream for the journal should not be significantly affected. However, if the aggregation targets institutions in the society’s core market, then the issue will be the extent to which the version of the journal in the aggregation serves as a substitute for the primary journal (see “Online Access and Print Substitution” in Chapter Four). If the version in the aggregation is embargoed or if the content is incomplete, libraries may continue to subscribe to the primary journal online, in addition to gaining access through the aggregation. The journal will likely continue to receive usage through the aggregation, especially by undergraduates and non-specialists who will rely on the aggregation for convenience.

Permissions

Online dissemination can also generate additional revenue through licensing at the article level.

The Copyright Clearance Center (CCC) http://www.copyright.com. operates licensing programs for both print and online content that facilitate compliance with copyright law. CCC’s services for academic publishers include online programs that automate the reprints and permissions process for using journal content in course packs, for electronic reserve, for institution-wide use, for use by individual researchers, for users outside of North America, and for a wide variety of other licensing programs. A society publisher can work with CCC directly, or a publishing service provider may handle registration and administration of the CCC relationship on the society’s behalf, managing payments and fielding rights queries (in the latter case, the provider may take a percentage of the fee as compensation).

Although the presence of images and other copyrighted media in an online journal will limit rights and permissions revenue for art history and other visually oriented disciplines, online processing of reprints and permissions will sometimes result in either lower processing costs or increased licensing revenue.

Grants and gifts

In some cases, a move to online distribution may occasion new grant seeking This was the case, for example, for caa.reviews and for JSAH , each of which applied technical innovations to expand the current conception of a art history journal. or philanthropic giving opportunities for the journal. For example, providing free online access to libraries in LDCs (as described in Chapter Four) may allow a publisher to ask a public or private foundation interested in the region to support the program. Such a sponsorship might be priced in terms of the financial value of (theoretically) forgone subscription revenue. Or a journal might seek sponsorships to make selected articles from the journal available to a wide audience on an open-access basis. Such a sponsorship program would expand access to the journal’s content and increase its visibility without affecting other revenue streams. The possible scope for such sponsorship programs is wide, and the low marginal cost of online dissemination increases their potential net income yield. See Crow (2005).

Questions & Answers

where we get a research paper on Nano chemistry....?
Maira Reply
nanopartical of organic/inorganic / physical chemistry , pdf / thesis / review
Ali
what are the products of Nano chemistry?
Maira Reply
There are lots of products of nano chemistry... Like nano coatings.....carbon fiber.. And lots of others..
learn
Even nanotechnology is pretty much all about chemistry... Its the chemistry on quantum or atomic level
learn
Google
da
no nanotechnology is also a part of physics and maths it requires angle formulas and some pressure regarding concepts
Bhagvanji
hey
Giriraj
Preparation and Applications of Nanomaterial for Drug Delivery
Hafiz Reply
revolt
da
Application of nanotechnology in medicine
what is variations in raman spectra for nanomaterials
Jyoti Reply
ya I also want to know the raman spectra
Bhagvanji
I only see partial conversation and what's the question here!
Crow Reply
what about nanotechnology for water purification
RAW Reply
please someone correct me if I'm wrong but I think one can use nanoparticles, specially silver nanoparticles for water treatment.
Damian
yes that's correct
Professor
I think
Professor
Nasa has use it in the 60's, copper as water purification in the moon travel.
Alexandre
nanocopper obvius
Alexandre
what is the stm
Brian Reply
is there industrial application of fullrenes. What is the method to prepare fullrene on large scale.?
Rafiq
industrial application...? mmm I think on the medical side as drug carrier, but you should go deeper on your research, I may be wrong
Damian
How we are making nano material?
LITNING Reply
what is a peer
LITNING Reply
What is meant by 'nano scale'?
LITNING Reply
What is STMs full form?
LITNING
scanning tunneling microscope
Sahil
how nano science is used for hydrophobicity
Santosh
Do u think that Graphene and Fullrene fiber can be used to make Air Plane body structure the lightest and strongest. Rafiq
Rafiq
what is differents between GO and RGO?
Mahi
what is simplest way to understand the applications of nano robots used to detect the cancer affected cell of human body.? How this robot is carried to required site of body cell.? what will be the carrier material and how can be detected that correct delivery of drug is done Rafiq
Rafiq
if virus is killing to make ARTIFICIAL DNA OF GRAPHENE FOR KILLED THE VIRUS .THIS IS OUR ASSUMPTION
Anam
analytical skills graphene is prepared to kill any type viruses .
Anam
Any one who tell me about Preparation and application of Nanomaterial for drug Delivery
Hafiz
what is Nano technology ?
Bob Reply
write examples of Nano molecule?
Bob
The nanotechnology is as new science, to scale nanometric
brayan
nanotechnology is the study, desing, synthesis, manipulation and application of materials and functional systems through control of matter at nanoscale
Damian
Is there any normative that regulates the use of silver nanoparticles?
Damian Reply
what king of growth are you checking .?
Renato
What fields keep nano created devices from performing or assimulating ? Magnetic fields ? Are do they assimilate ?
Stoney Reply
why we need to study biomolecules, molecular biology in nanotechnology?
Adin Reply
?
Kyle
yes I'm doing my masters in nanotechnology, we are being studying all these domains as well..
Adin
why?
Adin
what school?
Kyle
biomolecules are e building blocks of every organics and inorganic materials.
Joe
how did you get the value of 2000N.What calculations are needed to arrive at it
Smarajit Reply
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Source:  OpenStax, Transitioning a society journal online: a guide to financial and strategic issues. OpenStax CNX. Aug 26, 2010 Download for free at http://cnx.org/content/col11222/1.1
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