Open Access Week (The 5th SPARC Japan Seminar 2009) An open access business model: past and future...

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Open access publishing at BioMed Central Charlotte Hubbard Charlotte Hubbard Journal Development Manager Agenda Agenda BioMed Central, an introduction Bi M d C t l’ b i dl BioMed Central’s business model Growth of BioMed Central Growth of BioMed Central • Acquisition by Springer Looking forwards BioMed Central BioMed Central Largest publisher of peer-reviewed open access journals access journals 200+ journals >55,000 open access articles ~5 million articles accessed/month I di t b i f t Immediate, barrier-free open access to research Open access at BioMed Central Open access at BioMed Central Research articles are universally available via the Internet, without any barriers to access C i ht li ll di t ib ti d Copyright license allows redistribution and reuse as long as attribution is given Permanently archived in internationally recognised repositories (eg PubMed recognised repositories (e.g. PubMed Central)

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Transcript of Open Access Week (The 5th SPARC Japan Seminar 2009) An open access business model: past and future...

Page 1: Open Access Week (The 5th SPARC Japan Seminar 2009)  An open access business model: past and future of BioMed Central (Charlotte Hubbard)

Open access publishing at p p gBioMed Central

Charlotte HubbardCharlotte HubbardJournal Development Manager

AgendaAgenda

• BioMed Central, an introduction

Bi M d C t l’ b i d l• BioMed Central’s business model

• Growth of BioMed Central• Growth of BioMed Central

• Acquisition by Springerq y p g

• Looking forwards

BioMed CentralBioMed Central

• Largest publisher of peer-reviewed open access journalsaccess journals

• 200+ journals

• >55,000 open access articles

• ~5 million articles accessed/month

I di t b i f t • Immediate, barrier-free open access to research

Open access at BioMed CentralOpen access at BioMed Central

• Research articles are universally available via the Internet, without any barriers to yaccess

C i ht li ll di t ib ti d • Copyright license allows redistribution and reuse as long as attribution is given

• Permanently archived in internationally recognised repositories (e g PubMed recognised repositories (e.g. PubMed Central)

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Our journalsOur journals

• BMC-series (~60 titles)– Largely in-house editorial processes– Broad scope

• Independent journals (~130 titles)• Independent journals (~130 titles)– Run by external groups of scientists or societies– Niche or broad scoped as defined by the EditorsNiche or broad scoped as defined by the Editors

• Hybrid journals (6 titles)– Publish open access research, and subscription-

based reviews and commentary

BioMed Central’s business model

New technologies change practices and business models

New technologies change business models

Traditional model• Research community

Open access model• Research community y

transfers rights to the research to the

yretains ownership of the work

publisher

• The publisher sells the • The publisher charges • The publisher sells the research back to the community

The publisher charges directly for the service of dissemination/ community of dissemination/ publication

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BioMed Central revenue streamsBioMed Central revenue streams

• Publication fees (80-90%)

S b i ti t t (‘h b id j l ’) • Subscription content (‘hybrid journals’)

• Advertising/sponsorship• Advertising/sponsorship

• Services (e.g. Open Repository)( g p p y)

Open access publication feesp p

What do they cover?What do they cover?

• The costs of running open access journals are similar to those in traditional journal jpublishing:

Editorial– Editorial– Production

T h i l– Technical– Marketing – Customer services

How much are we charging?How much are we charging?

• Standard charge is £925 / US$1535, ~¥132,000

• Charges range from $915 - $2265

• Article-processing charge is a flat-fee; there are no additional costs

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How does this compare to other publishers?

• Hindawi $600 - $1500• BioMed Central $915 - $2265BioMed Central $915 $2265• PLoS $1300 - $2850

$• Oxford University Press $3000• Springer $3000p g $• Wiley $3000

T l & F $3250• Taylor & Frances $3250• Cell Press $5000

Who pays?Who pays?

• Author’s funding body• Author’s institutionAuthor s institution• Direct payment by the authors• Charges are waived where there is a genuine • Charges are waived where there is a genuine

inability to payO i f d t d b Pfi– Open access waiver fund, supported by Pfizer

S l t b f d d b f • Supplements may be funded by conferences or sponsors

BioMed Central membershipBioMed Central membership

• Prepay membershipInstitution covers the cost of publication Institution covers the cost of publication centrally at a discounted rate

• Supporter membership pp pInstitution pays a low-rate, flat fee and authors receive a discount (15%)authors receive a discount (15%)

BioMed Central membershipBioMed Central membership

• ~300 members worldwide

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Not all our journals charge APCsNot all our journals charge APCs

Chi M di i• Chinese Medicine• Chiropractic & Osteopathy• Italian Journal of Pediatrics• Journal of Biomedical Science• Journal of Brachial Plexus and Peripheral Nerve Injury• Journal of Orthopaedic Surgery and Research• Journal of the International AIDS Society• Scandinavian Journal of Trauma Resuscitation and

Emergency Medicine• Sports Medicine, Arthroscopy, Rehabilitation, Therapy &

Technology

Rejection rate and open accessRejection rate and open access

• High prestige journals tend to have high rejection ratesj

• Lots of submissions, relatively few publications

How to make this economically viable?• How to make this economically viable?

Journal peer review cascadeJournal peer review cascade

High rejection rate

M d Moderate rejection rate

Low rejection Low rejection rate

Other sources of revenue

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Journals with subscription contentJournals with subscription content

• All research articles are open access• Subscription for reviews and commentaries• Subscription for reviews and commentaries

Advertising/sponsorshipAdvertising/sponsorship

Additional servicesAdditional services

A hosted solution that builds and maintains A hosted solution that builds and maintains repositories on behalf of organisations Growth of BioMed Central

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Annual submissionsAnnual submissions30000

25000

20000

10000

15000

5000

10000

0

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

Annual submissions from JapanAnnual submissions from Japan900

700

800

900

500

600

700

300

400

500

100

200

300

0

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

Number of journalsNumber of journals

• Steady growth of the portfolio from 59 journals to 200– 3 have Japanese Editors-in-Chief

Number of journalsNumber of journals

• Two new publishing platforms:

• Increasingly established titles are choosing • Increasingly established titles are choosing to move to BioMed Central

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Journals choosing to transfer Journals choosing to transfer Acta Veterinaria ScandinavicaActa Veterinaria Scandinavica

150150

0.8

1

mis

sion

s

0.6

act f

acto

r

Subm

0.2

0.4

Impa

02006 2007 2008 2009

02004 2005 2006 2007 2008

Year Year

Year of transferYear of transfer

Key drivers of growthy g

High visibility High visibility

• No barriers to access• Easily available to all aggregators/indexers• Easily available to all aggregators/indexers

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Building off success in key areasBuilding off success in key areas

• Bioinformatics• Genomics• Genomics• Cancer• Public Health

Building on success in key areasBuilding on success in key areas

Providing a good service to authorsProviding a good service to authors

Surveyed authors:• 95% rate our online submission system as • 95% rate our online submission system as

‘Good’ or ‘Very good’

• 90% would recommend publishing in a BioMed Central journal to a colleague j g

• 90% rate the experience of publishing with d C l ‘G d’ ‘ G d’BioMed Central as ‘Good’ or ‘Very Good’

Providing a good service to authorsProviding a good service to authors

• Updating technologies to meet our authors requirementsq

Embedded movies and Embedded movies and mini-websites

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MarketingMarketing MarketingMarketing

MarketingMarketing Impact factorsImpact factors

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Number of journals with impact factorsNumber of journals with impact factors

60

50

60

40

20

30

10

20

0

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

Growing momentum of open accessGrowing momentum of open access

2000 2009

and more…and more

Growing momentum of open accessGrowing momentum of open access Growing momentum of open accessGrowing momentum of open access

• Mandatory open access deposit policies from:– Funding bodies, e.g. NIH, HMMI, UK Wellcome TrustFunding bodies, e.g. NIH, HMMI, UK Wellcome Trust– Institutes, e.g. Harvard, MIT, UCL

• Central funding from institutions– Berkeley, Calgary, Harvard, Nottingham, Newcastle

Page 12: Open Access Week (The 5th SPARC Japan Seminar 2009)  An open access business model: past and future of BioMed Central (Charlotte Hubbard)

Growing momentum of open accessGrowing momentum of open access

• Many institutes have repositories in place, which can encourage open access g ppublication

• BUT there are difficulties in populating these

Automation of feeds using SWORD protocol• Automation of feeds using SWORD protocol

A i iti b S iAcquisition by Springer

+ +

What does the acquisition mean for BioMed Central?

• Acquisition by Springer is a strong endorsement of the success of our open paccess publishing model

• Springer’s global infrastructure and market Springer s global infrastructure and market presence is helping us to expand activities

What does the acquisition mean for BioMed Central?

• BioMed Central remains an autonomous operating unit within Springerp g p g

• BioMed Central is committed to permanently maintaining our open access policy, g p p y,safeguarded by a Board of Trustees

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Looking forwardsg

Plans for 2010 and beyondPlans for 2010 and beyond…

• Continued growth and development of existing titlesg

• New launches planned and continued work • New launches planned and continued work with society journals

Plans for 2010 and beyondPlans for 2010 and beyond…

• Continue to make the most of new technologies:g– Planned website redesign

Improved PDF rendering– Improved PDF rendering– Updates to peer review tools– Hosting translations

Plans for 2010 and beyondPlans for 2010 and beyond…

• Continue to work with funding bodies, institutions and organisations to advocate gopen access

• Expansion of conference activities in support of our journals and Editors

Page 14: Open Access Week (The 5th SPARC Japan Seminar 2009)  An open access business model: past and future of BioMed Central (Charlotte Hubbard)

SummarySummary

• BioMed Central operates a successful open access business model

• We have developed a portfolio of 200 journals, many ranking highly in their respective fieldsp

• Plans for continued growth and d l d b S ’ l b l development, assisted by Springer’s global infrastructure and market presence

Thank you!Thank you!

Charlotte HubbardJournal Development Managerp [email protected]