University presses need to consider new business models, and share information on successful new approaches, but no one model should be assumed to be correct for all, according to a report being released today by the Association of American University Presses. "[T]he simple product-sales models of the 20th century, devised when information was scarce and expensive, are clearly inappropriate for the 21st-century scholarly ecosystem. As the report details, new forms of openness, fees, subscriptions, products, and services are being combined to try to build sustainable business models to fund innovative digital scholarly publishing in diverse arenas," the report says.
The report stresses the role of university presses in vetting and improving scholarly writing, not just publishing it, and that emphasis turns up in several recommendations. "Open access is a principle to be embraced if publishing costs can be supported by the larger scholarly enterprise. University presses, and nonprofit publishers generally, should become fully engaged in these discussions," the report says. Another recommendation: "Proposals and plans for new business models should explicitly address the potential impact of the new model on other parts of the press’s programs, as well as explicitly address the requirements, both operational and financial, for making the transition to a new model."
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