Global Science Journal Faces Mass Walkout Over Unethical Fees

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Source: The Guardian
Global Science Journal Faces Mass Walkout Over Unethical Fees
Photo: The Guardian
TL;DR Summary

More than 40 leading scientists have resigned from the editorial board of the science journal Neuroimage in protest at the "greed" of publishing giant Elsevier. The academics resigned after Elsevier refused to reduce publication charges, which they describe as "unethical" and bearing no relation to the costs involved. The resignations have been applauded by academics around the world, who hope it will start a rebellion against the huge profit margins in academic publishing. Elsevier, which claims to publish 25% of the world's scientific papers, reported a 10% increase in revenue to £2.9bn last year, with profit margins nearing 40%.

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