The Oligopoly’s Shift to Open Access: How the Big Five Academic Publishers Profit from Article Processing Charges

(Article)

Scholarly publishing
Open Access
Authors
Affiliations

Leigh-Ann Butler

University of Ottawa

Lisa Matthias

Freie Universität Berlin

Marc-André Simard

Université de Montréal

Philippe Mongeon

Dalhousie University

Stefanie Haustein

University of Ottawa

Published

November 2023

Doi

Citation

Butler, L.-A., Matthias, L., Simard, M.-A., Mongeon, P., & Haustein, S. (2023). The oligopoly’s shift to open access: How the big five academic publishers profit from article processing charges. Quantitative Science Studies, 4(4), 778–799. https://doi.org/10.1162/qss_a_00272

Abstract

We aim to estimate the total amount of article processing charges (APCs) paid to publish open access (OA) in journals controlled by the five large commercial publishers (Elsevier, Sage, Springer Nature, Taylor & Francis, and Wiley) between 2015 and 2018. Using publication data from WoS, OA status from Unpaywall, and annual APC prices from open data sets and historical fees retrieved via the Internet Archive Wayback Machine, we estimate that globally authors paid $1.06 billion in publication fees to these publishers from 2015–2018. Revenue from gold OA amounted to $612.5 million, and $448.3 million was obtained for publishing OA in hybrid journals. Among the five publishers, Springer Nature made the most revenue from OA ($589.7 million), followed by Elsevier ($221.4 million), Wiley ($114.3 million), Taylor & Francis ($76.8 million), and Sage ($31.6 million). With Elsevier and Wiley making most of their APC revenue from hybrid fees and others focusing on gold, different OA strategies could be observed between publishers.

Key figures

Total amount of gold and hybrid APCs per publisher per year