Category: Publishing

NIH Open Access Mandate Becomes Law

President Bush has signed the "Consolidated Appropriations Act, 2008," which includes the NIH open access mandate. The mandate states: "The Director of the National Institutes of Health shall require that all investigators funded by the NIH submit or have submitted for them to the National Library of Medicine's PubMed Central an electronic version of their final, peer-reviewed manuscripts upon acceptance for publication, to be made publicly available no later than 12 months after the official date of publication: Provided, That the NIH shall implement the public access policy in a manner consistent with copyright law."

Read more about it at "OA Mandate at NIH Now Law and "Public Access Mandate Made Law."

Biomedical Digital Libraries and BioMed Central Part Company

According to "Biomedical Digital Libraries Moves to Open Journal Systems," Biomedical Digital Libraries will no longer be published by BioMed Central because "BMC's author payment model had become untenable for most of the authors wishing to publish in the journal." In the future, the journal will be published using Public Knowledge Project's Open Journal Systems without author fees.

BioMed Central has an article-processing charges waiver policy with case-by-case basis review, and it also offers a variety of article-processing charges discounts. It is not clear why these cost-reduction mechanisms did not meet author needs.

Is the End of the Print Journal Near?: New ARL Report Examines This Issue

The Association of Research Libraries has published The E-only Tipping Point for Journals: What’s Ahead in the Print-to-Electronic Transition Zone.

Here's an excerpt from the "Executive Summary":

The role of the printed journal in the institutional marketplace faces a steep decline in the coming 5 to 10 years. Print journals will exist mainly to address specialized needs, users, or business opportunities. Financial imperatives will draw libraries first—and ultimately publishers also—toward a tipping point where it no longer makes sense to subscribe to or publish printed versions of most journals.

Publishers will be driven to rationalize their investments in declining print revenue streams and to finance investments in e-publishing infrastructure and emerging opportunities. Some will be faster to do so, such as those already straining from the cost burden. Others will be slower, such as those with a self-supporting base of individual subscribers or significant advertising revenue from print.

A new focus will emerge on productivity in scholarly communication. Experiments will explore new business models and new ways of conducting and facilitating research. Along the way, vexing issues such as those surrounding assurance of long-term access to the scholarly record will continue to be sorted out and perhaps even solved.

Pitt's Libraries and University Press Establish Open Access Book Program

The University of Pittsburgh University Library System and the University of Pittsburgh University Press have established the University of Pittsburgh University Press Digital Editions, which offers free access to digitized versions of print books from the press.

Here's an excerpt from the press release:

The University of Pittsburgh’s University Library System (ULS) and University Press have formed a partnership to provide digital editions of press titles as part of the library system’s D-Scribe Digital Publishing Program. Thirty-nine books from the Pitt Latin American Series published by the University of Pittsburgh Press are now available online, freely accessible to scholars and students worldwide. Ultimately, most of the Press’ titles older than 2 years will be provided through this open access platform.

For the past decade, the University Library System has been building digital collections on the Web under its D-Scribe Digital Publishing Program, making available a wide array of historical documents, images and texts which can be browsed by collection and are fully searchable. The addition of the University of Pittsburgh Press Digital Editions collection marks the newest in an expanding number of digital collaborations between the University Library System and the University Press.

The D-Scribe Digital Publishing Program includes digitized materials drawn from Pitt collections and those of other libraries and cultural institutions in the region, pre-print repositories in several disciplines, the University’s mandatory electronic theses and dissertations program, and electronic journals during the past eight years, sixty separate collections have been digitized and made freely accessible via the World Wide Web. Many of these projects have been carried out with content partners such as Pitt faculty members, other libraries and museums in the area, professional associations, and most recently, with the University of Pittsburgh Press with several professional journals and the new University of Pittsburgh Press Digital Editions. . . .

More titles will be added to the University of Pittsburgh Press Digital Editions each month until most of the current scholarly books published by the Press are available both in print and as digital editions. The collection will eventually include titles from the Pitt Series in Russian and East European Studies, the Pitt-Konstanz Series in the Philosophy and History of Science, the Pittsburgh Series in Composition, Literacy, and Culture, the Security Continuum: Global Politics in the Modern Age, the History of the Urban Environment, back issues of Cuban Studies, and numerous other scholarly titles in history, political science, philosophy, and cultural studies.

Institute of Physics Launches an Open Access Earth and Environmental Science Proceedings Service

The Institute of Physics has launched the IOP Conference Series: Earth and Environmental Science, an open access proceedings service. A FAQ is available.

Here's an excerpt from the press release:

Based on IOP Publishing’s highly successful open access proceedings in physics, EES allows conference organizers to create a comprehensive record of their event and make a valuable contribution to the open access literature that will be of long-lasting benefit to their research communities.

As part of the service’s launch, EES is waiving a total of US$5000 of publication fees for a number of conferences who expect to publish their proceedings during 2008.

We are delighted to announce that the first conference to qualify for this is the 14th International Symposium for the Advancement of Boundary Layer Remote Sensing (ISARS2008) which takes place on 23–25 June 2008, Risø National Laboratory, DTU, Roskilde, Denmark.

Reed Elsevier Says It Will Have at Least 10% Earnings Growth in 2007

Reed Elsevier has issued a press release saying that its adjusted earnings per share at constant currencies will grow by at least 10% in 2007.

Here's an excerpt from the press release:

Elsevier: Subscription renewals are very strong and there is good demand for our expanding online services. The second half medical publishing programme is going well with good growth in particular in the nursing and health professional sectors. Pharma advertising markets remain weak, but represent a relatively small part of the business.

House Doesn't Override Presidential Veto of Labor-HHS Bill Which Contains NIH OA Mandate

By two votes, the House failed to override President Bush's veto of the Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 2008, which contained the NIH open access mandate (the vote was 277-141). Bloomberg reports that Senate Democrats have a new strategy:

Senate Majority Leader Harry Reid said Democrats will combine the 11 unfinished appropriations bills still needed to fund the federal government into one measure that exceeds the administration's request by $11 billion—half the $22 billion Democrats initially supported.

However, CQPolitics reports that:

The White House brushed off Reid’s proposal Thursday, as administration officials have done previously when Democrats have said they are willing to negotiate on funding levels.

"The president has been clear that Congress should adhere to the budgetary process and pass individual funding bills at reasonable and responsible spending levels," said Sean Kevelighan, a spokesman for the White House budget office. "Perhaps [the] Democratic leadership in Congress. . . should concern itself less with capturing political news cycles and more on their fundamental responsibility to fund the federal government."

Peter Suber had this to say about the override failure:

OK, on to Plan B.  The OA mandate for the NIH is a small part of a big bill to pay for about one-thirteenth of the federal government.  Some version of the appropriation will certainly pass and get the President's signature.  You can already see the jockeying between Congressional leaders and the White House about the contours of that version.  There are four grounds for optimism:

  1. The OA mandate was approved by both houses of Congress.  The easiest provisions to delete are those approved by just one chamber and kept by the House-Senate conference committee.
  2. The OA mandate has bipartisan support in Congress and Republican friends in the Executive Branch.
  3. The President has expressed strong objection to some of the policy provisions of the bill, but his stated concern about the OA provision is very mild by comparison.  If Congress deletes some of the more sensitive provisions in the spirit of compromise, it needn't touch the OA mandate.  In fact, deleting the OA provision would do virtually nothing to ingratiate the President.
  4. To reduce overall spending levels in the bill, Congress will cut some of the appropriations.   But the OA mandate is a policy change, not an appropriation.  There's no need to cut it to satisfy the President's fiscal objections to the current bill.   Stay tuned.

Scholarship in the Digital Age: Information, Infrastructure and the Internet

Noted scholar Christine L. Borgman’s (Presidential Chair in Information Studies at UCLA's Department of Information Studies) new book, Scholarship in the Digital Age: Information, Infrastructure and the Internet, has been published by MIT Press.

Inside Higher Ed has interviewed her about the book and her views on the changing nature of scholarship.

President Bush Vetoes Bill Containing NIH Open Access Mandate

President Bush has vetoed the FY 2008 Labor, Health and Human Services and Education Appropriations bill, which contained the NIH open access mandate.

Here's the open access mandate in the bill:

The Director of the National Institutes of Health shall require that all investigators funded by the NIH submit or have submitted for them to the National Library of Medicine's PubMed Central an electronic version of their final, peer-reviewed manuscripts upon acceptance for publication, to be made publicly available no later than 12 months after the official date of publication: Provided, That the NIH shall implement the public access policy in a manner consistent with copyright law

Here's Peter Suber's analysis of the President's veto:

  • First, don't panic.  This has been expected for months and the fight is not over.  Here's a reminder from my November newsletter:  "There are two reasons not to despair if President Bush vetoes the LHHS appropriations bill later this month.  If Congress overrides the veto, then the OA mandate language will become law.  Just like that.  If Congress fails to override the veto, and modifies the LHHS appropriation instead, then the OA mandate is likely to survive intact."  (See the rest of the newsletter for details on both possibilities.)
  • Also expected:  Bush vetoed the bill for spending more than he wants to spend, not for its OA provision.
  • Second, it's time for US citizens to contact their Congressional delegations again.  This time around, contact your Representative in the House as well as your two Senators.  The message is:  vote yes on an override of the President's veto of the LHHS appropriations bill.  (Note that the LHHS appropriations bill contains much more than the provision mandating OA at the NIH.)
  • The override votes—one in each chamber—haven't yet been scheduled.  They may come this week or they may be delayed until after Thanksgiving.  But they will come and it's not too early to contact your Congressional delegation.  For the contact info for your representatives (phone, email, fax, local offices), see CongressMerge.
  • Please spread the word!

SPARC/ACRL Explore Sustainability Issues with Three Open Access Journal Publishers

SPARC and ACRL have released podcasts/transcripts of interviews about sustainability issues with Bryan Vickery (BioMed Central), Mark Patterson (Public Library of Science), and Paul Peters (Hindawi Publishing Corporation). It has also released a matrix that analyzes the responses of these OA journal publishers about sustainability issues.

International Coalition of Library Consortia Protests AAAS Decision to Drop JSTOR

The International Coalition of Library Consortia, which represents 72 consortia, has issued a statement regarding the American Association for the Advancement of Science decision to sever its relationship to JSTOR.

Here's an excerpt from the statement:

The ICOLC strongly objects to the recent decision by the American Association for the Advancement of Science (AAAS) to discontinue its participation in JSTOR, including withholding future issues of its premier publication, Science, from the JSTOR archive and prohibiting JSTOR from making issues of Science currently held in the archive available to new JSTOR participants.

JSTOR has been a singular success in meeting the needs of students, scholars, librarians, and publishers. JSTOR offers a robust platform for cross-disciplinary discovery and integration of content that extends the multi-disciplinary reach of Science to students and faculty, including those in non-scientific disciplines. In addition, JSTOR offers to publishers a moving wall policy that protects their ability to obtain current subscription revenue to support ongoing publication.

Science is an outstanding source of high-quality, vetted information covering all areas of science, the inclusion of which enhances the value, breadth, and quality of the JSTOR archive. The decision to discontinue participation in JSTOR is in conflict with AAAS' mission, as a non-profit, membership-based organization, of advancing science and serving society. Withholding future issues of Science from JSTOR, and prohibiting JSTOR from making previously archived Science content available to future JSTOR participants, is an action which diminishes the value and contribution of both AAAS and JSTOR to the international community of researchers, the academy, and society.

Opensecrets.Org Lists Reed Elsevier as One of Sen. Inhofe's Top Contributors

In a list of Sen. James Inhofe's top contributors for the 2001-2006 Senate election cycle, Opensecrets.Org identifies Reed Elsevier Inc. as his 11th largest contributor, with $13,250 in contributions. Opensecrets.Org notes:

The organizations themselves did not donate, rather the money came from the organization's PAC, its individual members or employees or owners, and those individuals' immediate families. Organization totals include subsidiaries and affiliates.

Before he withdrew them, Sen. Inhofe was the sponsor of two amendments” to delete or weaken the NIH Open Access Mandate in the FY 2008 Labor, Health and Human Services and Education Appropriations bill.

Opensecrets.Org also provides summary information about Reed Elsevier's 2006 lobbying activity, which includes a chart showing 1998-2007 totals.

Inhofe Withdraws Amendments, NIH Open Access Mandate Passes Senate

Peter Suber reports that Sen. James Inhofe withdrew his amendments to the FY 2008 Labor, Health and Human Services and Education Appropriations bill that would have deleted or weakened the NIH open access mandate, and that the bill has passed the Senate with the mandate intact.

The House and Senate bills will be reconciled in the fall, and President Bush should receive the final bill by year's end. It is anticipated that President Bush will veto the bill; however, the mandate's strong showing during Congressional deliberations should help ensure its future passage in post-veto legislation.

Here's an excerpt from "Defying President Bush, Senate Passes Spending Bill for Health and Education Programs" (subscription required for full access):

The president has threatened to veto the measure over what he has called "irresponsible and excessive" spending. It would take a two-thirds majority in both the Senate and the House of Representatives to override a veto. The Senate, which approved the bill 75 to 19, apparently could muster that margin, but the House might not. It passed its version of the bill in July by a vote of 276 to 140, 14 votes shy of the two-thirds mark.

The Alliance for Taxpayer Access has issued a press release about the legislative victory.

Read more about it at "More on Inhofe" and "OA Mandate at NIH Passes the Senate."

Text of the Inhofe Amendments That Affect the NIH Open Access Mandate

Below is the text of Sen. James Inhofe's amendments to the FY 2008 Labor, Health and Human Services and Education Appropriations bill that affect the NIH open access mandate (thanks to Heather Joseph at SPARC).

Amendment 3416:

To strike provision to maintain the NIH voluntary research public access policy

Beginning on page 76 strike line 24 and all that follows through line 7 on page 77.

Amendment 3417:

To modify provisions to maintain the NIH voluntary research public access policy

On page 77 line 7 insert before the period the following:

'and in addition only where allowed by and in accordance with the policies of the publishers who have conducted the peer review and accepted the manuscripts for publication'

Here's the affected section of the bill:

Page 76

24 SEC. 221. The Director of the National Institutes of
25 Health shall require that all investigators funded by the

Page 77

1 NIH submit or have submitted for them to the National
2 Library of Medicine’s PubMed Central an electronic
3 version of their final, peer-reviewed manuscripts upon ac-
ceptance for publication to be made publicly available no
5 later than 12 months after the official date of publication:
6 Provided, That the NIH shall implement the public access
7 policy in a manner consistent with copyright law.

ALA Says Contact Senate Before Noon Tomorrow to Support NIH Open Access Mandate

The American Library Association is strongly recommending that U.S. citizens who want to support the NIH open access mandate by voicing their opposition to the amendments (#3416 and #3417) to the FY 2008 Labor, Health and Human Services and Education Appropriations bill proposed by Sen. James Inhofe (R-OK) do so by noon on Monday, October 22nd.

Here's the latest action alert from ALA: "Fight Continues for Public Access to NIH Medical Information—Urge Your Senators to Support NIH Public Access Policy (and Oppose Inhofe Amendments)"

You can use a cut-and-paste version of the Alliance for Taxpayer Access text about the amendments to simplify the process of sending the e-mail via the ALA Web form, but personalizing this text with an added sentence or two is recommended.

NIH Mandate May Be Deleted or Weakened: Urgent Need to Contact the Senate

Peter Suber reports that the NIH open access mandate may be deleted or weakened by last-minute amendments to the FY 2008 Labor, Health and Human Services and Education Appropriations bill (see his posting reproduced in full below).

You can easily contact your senators using the ALA Action Alert Web form with my cut-and-paste version of the below ATA text or you can use the same form to write your own text.

Urgent action need to support the NIH bill

The provision to mandate OA at the NIH is in trouble.  Late Friday, just before the filing deadline, a Senator acting on behalf of the publishing lobby filed two harmful amendments, one to delete the provision and one to weaken it significantly.  We thought we'd done everything and only had to wait for the Senate vote.  But now we have to mobilize once more, and fast, to squash these amendments.  Here an announcement from the Alliance for Taxpayer Access:

URGENT CALL TO ACTION: Tell your Senator to OPPOSE amendments that strike or change the NIH public access provision in the FY08 Labor/HHS appropriations bill

The Senate is currently considering the FY08 Labor-HHS Bill, which includes a provision (already approved by the House of Representatives and the full Senate Appropriations Committee), that directs the NIH to change its Public Access Policy so that participation is required (rather than requested) for researchers, and ensures free, timely public access to articles resulting from NIH-funded research. On Friday, Senator Inhofe (R-OK), filed two amendments (#3416 and #3417), which call for the language to either be stricken from the bill, or modified in a way that would gravely limit the policy’s effectiveness.

Amendment #3416 would eliminate the provision altogether. Amendment #3417 is likely to be presented to your Senator as a compromise that “balances” the needs of the public and of publishers. In reality, the current language in the NIH public access provision accomplishes that goal. Passage of either amendment would seriously undermine access to this important public resource, and damage the community’s ability to advance scientific research and discovery.

Please contact your Senators TODAY and urge them to vote “NO” on amendments #3416 and #3417. (Contact must be made before close of business on Monday, October 22). A sample email is provided for your use below. Feel free to personalize it, explaining why public access is important to you and your institution. Contact information and a tool to email your Senator are online [here]. No time to write? Call the U.S. Capitol switchboard at (202) 224-3121 to be patched through to your Senate office.

If you have written in support before, or when you do so today, please inform the Alliance for Taxpayer Access. Contact Jennifer McLennan through jennifer@arl.org or by fax at (202) 872-0884.

Thanks for your continued efforts to support public access at the National Institutes of Health.

—–

SAMPLE EMAIL

Dear Senator:

On behalf of [your organization], I strongly urge you to OPPOSE proposed Amendments #3416 and #3417 to the FY 2008 Labor, Health and Human Services and Education Appropriations bill (S.1710). These amendments would seriously impede public access to taxpayer-funded biomedical research, stifling critical advancements in lifesaving research and scientific discovery. The current bill language was carefully crafted to balance the needs of ALL stakeholders, and to ensure that the American public is able to fully realize our collective investment in science.

To ensure public access to medical research findings, language was included in the in the FY 2008 Labor, Health and Human Services, and Education Appropriations Bill directing the NIH to make a much-needed improvement to its Public Access Policy — requiring that NIH-funded researchers deposit their manuscripts in the National Library of Medicine’s online database to be made publicly available within one year of publication in a peer-reviewed journal.  This change is supported by NIH Director Elias Zerhouni, and a broad coalition of educational institutions, scientific researchers, healthcare practitioners, publishers, patient groups, libraries, and student groups — representing millions of taxpayers seeking to advance medical research.

Amendment #3416 would eliminate this important provision, leaving only a severely weakened, voluntary NIH policy in place. Under the voluntary policy (in place for more than two years) less than 5% of individual researchers have participated — rendering the policy ineffective. The language in Amendment #3417 would place even further restrictions on the policy, ensuring that taxpayers – including doctors and scientists – are unable to take full advantage of this important public resource.

Supporting the current language in the FY08 LHHS Appropriations Bill is the best way to ensure that taxpayers’ investment in NIH-funded research is used as effectively as possible.  Taxpayer-funded NIH research belongs to the American public. They have paid for it, and it is for their benefit.

I urge you to join the millions of scientists, researchers, libraries, universities, and patient and consumer advocacy groups in supporting the current language in the FY08 LHHS Appropriations bill and require NIH grantees to deposit in PubMed Central final peer-reviewed manuscripts no later than 12 months following publication in a peer-reviewed journal. Vote NO on Amendments #3416 and #3417.

Comment.  The ATA is not exaggerating.  This is urgent.  If you're a US citizen, please contact your Senators and spread the word.  Note the short deadline.  Your Senators must hear from you before the end of business on Monday, October 22:  two days from now.

Co-Action Publishing News: One Journal Converts to OA and a New OA Journal Is Launched

Co-Action Publishing has announced that, starting in January 2008, the Swedish Nutrition Foundation's Scandinavian Journal of Food & Nutrition will become an open access journal and be renamed Food & Nutrition Research. Co-Action Publishing also announced the launch in the first quarter of 2008 of a new open access journal, Ethics & Global Politics. Both journals will be under Creative Commons licenses.

German Publishers Just Say No to Google Book Search: Libreka Launched at Frankfurt Book Fair

German publishers who want to retain control of their content have a new alternative to Google Book Search: Libreka, a full-text search engine that initially has about 8,000 books from publishers who opted-in for inclusion. Searchers retrieve book titles and cover images, but no content.

Source: "German Publishers Offer Alternative to Google Books." Deutsche Welle, 11 October 2007.

Contact the Senate Now to Support the NIH Public Access Policy Mandate

If you are a U.S. citizen, now is the time to contact your Senators if you want to support the NIH open access mandate.

You can easily contact your senators using the ALA Action Alert Web form with my cut-and-paste version of ALA/ATA text or you can use the same form to write your own text.

If you want to write your own message, Peter Suber has gathered together key documents for talking points. If you use my cut-and-paste text, add a few sentences at the start of the text to personalize it.

Here's what Peter Suber has to say about the Senate fight:

This year is our best chance ever to win an OA mandate at the NIH. But the opposition from the publishing lobby is fierce. Remember that the AAP/PSP has launched PRISM, the behemoth Copyright Alliance has weighed in, and Elsevier has hired an extra lobbying firm. If you're a US citizen, please do what you can: contact your Senators and spread the word.

Here's Some Advice That Won't Cost the AAP $500K

After the PRISM fiasco, it may be time for the Association of American Publishers to consider a new initiative: CIA (Change Instead of Annihilation).

CIA would have a single goal: to develop new business strategies so that AAP members could survive and thrive in a scholarly communication system where open access prevails. The AAP doesn't have to embrace open access to launch CIA—CIA can be a contingency plan. However, CIA will fail if its participants do not take the underlying premise that open access can succeed seriously, and CIA will require intense brainstorming that lets go of long-held beliefs about conventional publishing models.

To that end, why not let the barbarians at the gate in and have lunch? Who better to bring fresh perspectives than open access advocates? After all, open advocates are not generally anti-publisher—they just want to change publishing models to support open access. If Elsevier, Wiley, and others can do it, so be it.

It may sound crazy, but ask yourself this: Who do you want to be if open access gains enough momentum to trigger the collapse of conventional publishing models, the guy with a plan or the guy without a plan? It looks to me like Elsevier is starting to think outside of the box with initiatives such as OncologySTAT and Scirus, and Elsevier has always been a tough, smart competitor in the publishing marketplace. If the day of reckoning comes, how far behind Elsevier do you want to be?

Which brings us to why the AAP may never do CIA. Having an open access plan is a competitive advantage, and publishers may not want to share that advantage. But, that doesn't mean they can't have their own internal planning process, even if it's clandestine.

So, is it time to dance with the devil?

The Dezenhall Proposal: What Would $300K to $500K Buy the AAP?

The leaked text of Eric Dezenhall's anti-open-access proposal to the Association of American Publishers has been made available as part of a NewScientist article by Jim Giles, who broke the Dezenhall story in January.

This is a must read for those interested in open access issues.

Source: Suber Peter. "Background on the AAP Hiring of Eric Dezenhall." Open Access News, 20 September 2007.

SPARC Consulting Group’s Latest Member: Greg Tananbaum

Greg Tananbaum, former President of The Berkeley Electronic Press, has joined the SPARC Consulting Group.

Here’s an excerpt from the press release:

Tananbaum is best known for his leadership as recent President of The Berkeley Electronic Press, though also for writing a regular column on emerging developments in scholarly communication for Against the Grain and for his work as past Director of Product Marketing for EndNote. He holds a Master’s Degree from the London School of Economics and a B.A. from Yale University. Since leaving The Berkeley Electronic Press in 2006, Tananbaum has offered a range of consulting services at the intersection of technology, content, and academia.

With the Exception of Some Archives, Online Access to The New York Times Will Be Free

The New York Times has announced that, with the exception of some articles in the 1923 to 1986 period, online access to its site will be free starting at midnight tonight. Free backfiles will be available for the 1851 to 1922 and 1987 to present periods.

Here's an excerpt from "Times to Stop Charging for Parts of Its Web Site":

What changed, The Times said, was that many more readers started coming to the site from search engines and links on other sites instead of coming directly to NYTimes.com. These indirect readers, unable to get access to articles behind the pay wall and less likely to pay subscription fees than the more loyal direct users, were seen as opportunities for more page views and increased advertising revenue. . . .

Colby Atwood, president of Borrell Associates, a media research firm, said that there have always been reasons to question the pay model for news sites, and that doubts have grown along with Web traffic and online ad revenue.

“The business model for advertising revenue, versus subscriber revenue, is so much more attractive,” he said. “The hybrid model has some potential, but in the long run, the advertising side will dominate.”

Source: Pérez-Peña, Richard. "Times to Stop Charging for Parts of Its Web Site." The New York Times, 18 September 2007, C2.

Wiley Reports Strong First Quarter Growth

Boosted by its acquisition of Blackwell, John Wiley & Sons, Inc. reported strong earnings growth in the first quarter.

Here's an excerpt from the press release:

John Wiley & Sons, Inc. (NYSE:JWa) (NYSE:JWb) announced today that revenue for the first quarter of fiscal year 2008 of $389 million increased 48% from $263 million in the previous year, including $116 million of revenue from Blackwell Publishing Ltd. (Blackwell), which Wiley acquired on February 2, 2007. Revenue excluding Blackwell increased 3% over last year's strong first quarter to $273 million, or 2% excluding favorable foreign exchange. . . .

U.S. STM revenue of $56 million was flat with the previous year's first quarter mainly due to the timing of journal, book and backfile releases. In addition to healthy journal license renewals, several new Enhanced Access Licenses were signed by academic and corporate customers around the world. Direct contribution to profit as a percent of revenue declined in the first quarter mainly due to the flat top-line results. Excluding Blackwell, global STM revenue was up 4%, including the favorable effect of foreign exchange. . . .

During the first quarter, U.S. STM signed several new, renewed, and extended contracts with societies to publish their journals, including a multi-year agreement with the American Association of Anatomists, with whom Wiley already partners, to publish Anatomical Sciences Education; the International Society for Autism Research to publish Autism Research; and the International Union of Biochemistry and Molecular Biology (IUBMB) to publish IUBMB Life. . . .

According to the Thomson ISI® 2006 ISI Journal Citation Reports, Wiley and Blackwell combined now publish more journals in the Social Science Citation Index than any other publisher. A third of these titles experienced significant increases in impact factors, more than any other publisher.