Research publishing keeps cash flowing

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).