What Business Models Will Work Best for Academic Publishing in the Future?

In Discussion by Edward Nawotka

By Edward Nawotka

Yes, it’s a huge question. But the general consensus is the university and academic publishing models are broken. Under pressure from funding bodies to make enough money to be self-sustaining, many university presses have turned away from their core mission of publishing monographs and original research to publishing trade-oriented titles (with mixed results). Those that have stuck with the traditional models often have a massive backlog of manuscripts under contract, which is frustrating to authors (who depend on those publications when applying for tenure) and, in turn, the publishers themselves.

Open access, as discussed in our lead story today, has made the situation even more complicated, as the demand rises for publishers to produce work that cannot be sold, as such.

So, going forward, what business models will work for academic publishing in the future?

About the Author

Edward Nawotka

A widely published critic and essayist, Edward Nawotka serves as a speaker, educator and consultant for institutions and businesses involved in the global publishing and content industries. He was also editor-in-chief of Publishing Perspectives since the launch of the publication in 2009 until January 2016.