{"word_count": 325, "character_count": 2319}
Author: Beata SochaPublished Online: 2017-10-22URL: http://openscience.com/open-access-is-the-new-black-case-study-data-on-journal-transitions-from-subscription-models-to-open-access/Serial crisis, growing resistance to subscription models as well as increasingly widespread and binding Open Access (OA) mandates have incentivized numerous publishers to consider converting paywall-based journals to OA.ExcerptFlipping a journal into Open Access (OA) naturally involves numerous challenges but it is a path increasingly travelled by publishers. In 2014 De Gruyter converted a portfolio of 14 journals from the subscription model to OA. In 2017, three years on, rather compelling observations can be made as to how to make the transition smooth and successful. This post is based on the webinar that De Gruyter has organized for the Open Access Week, for which it is possible to register at this link to find out more. The ever-increasing prices of subscriptions have led to the so-called serials crisis, which resulted in many libraries being forced to cancel some of their journal subscriptions, as they could no longer afford them. [...]The discontent among librarians, researchers and journal editors has led to the birth of Open Access as an alternative model to subscriptions. According to various estimates, Open Access is growing at an annual rate of approximately 12-17%. Most subscription journals already offer a hybrid option, with article processing charges (APCs) usually set at $2,000-$3,000 USD. Between 2014 and 2015, the share of purely OA journals in the publishing sector of science, technology and medicine (STM) journals increased from 10% to almost 13%. In the same period, the share of hybrid journals increased from 67% to 68.5%, while the percentage of subscription only journals fell, from 23% to 18.5%.By Beata SochaThe full-length original blog article and additional resources can be found at OpenScience blog.Featured Image Credits: Aquatic Conditions, May 5, 2008 | © Courtesy of  Thomas Hawk.Tags: APCs, article processing charges, converting, crisis, data, De Gruyter, flipping, hybrid, IF, journal, management, market, model, OA, Open Access, Open Access Week, Open Geosciences, Open Mathematics, paywalls, prices, revenues, science, STM, subscription, technology, transition, webinar.