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Comment by trainyperson

The financials of open access are interesting.

Instead of journals getting revenue from subscribers, they charge authors an “Article Processing Charge” (APC) which for ACM is $1450 in 2026 and expected to go up. Authors from lower-middle income countries get a discount. [1]

Authors are often associated with institutions (e.g. universities) who can cover the APC on behalf of the author through a deal with the journal. For the institution, now instead of paying the subscriber fee and publishing for free, they pay a publishing fee and everyone reads for free.

1. https://authors.acm.org/open-access

parent trainyperson 10 months ago

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