For profit publisher Taylor and Francis appears to be managing as funding agencies push for research to be open access on publication

Parent company Informa states T&F had an adjusted operating profit of £207m (A$375m), on revenues of £593m (A$ 1.074bn) for calendar 2022.

Informa reports “growth and diversification” at the publisher, which is, “expanding its operating focus from traditional pay-to-read publishing into broader pay-to-publish services. This puts researchers (i.e. knowledge makers) at the heart of the business, extending addressable markets and creating further growth opportunities.”

Last year Taylor and Francis struck a read/publish agreement with the Council of Australian University Librarians, allowing for researchers at participating institutions to publish in its hybrid journals (OA plus subscriber-only content) with publishing costs covered by subscriptions (CMM November 8 2022).