1. New business models. UKSG Seminar Dublin, June 2010 Yann Amouroux
Regional Manager, Journals
IOP Publishing
UKSG Seminar
Dublin, June 2010
Notes for first body slide

2. Changing business models
Institutions don’t just buy journal subscriptions
Content accessed by licence
Consortia (NESLI2)
Electronic bundles, collections
Institutions (libraries) expected to pay for publications charges
Growth of open access
Directory of Open Access Journals (DOAJ, Lund)
4,998 journals (5 May 2010)
Important journal brands which never existed years ago
Many different models for Open Access journals
Author pays
Institutional membership fees
Conference organiser pays
OASPA

3. New Journal of Physics
A case-study of a successful open-access physics journal
Eberhard Bodenschatz Editor-in-Chief, New Journal of Physics
Berlin7 Conference, Paris
Wednesday 2 December 2009
Notes for title slide

4. An early history
Launched in 1998 as a joint venture by the UK Institute of Physics (IOP) and Deutsche Physikalische Gesellschaft (DPG)
A response to the journals subscription pricing crisis
The first peer-reviewed, open-access journal to cover the whole of physics
In 1998 the term “open access” did not even exist
A then novel new publishing model that shifted the burden of cost from the reader to the author (or research provider)

5. Core original objectives
To publish research articles of outstanding quality at the very cutting edge of physics
To remove financial barriers for all readers worldwide
To offer authors with high article visibility and fast publication
To provide the widest possible dissemination of peer-reviewed physics research
To demonstrate financial self-sustainability under an open-access publishing model

6. Characteristics of NJP
All content permanently free to read
Subject coverage across the whole of physics
Strict peer-review process and editorial criteria
> 70% of submissions are rejected
Electronic-only
Free use of colour and multimedia
No article length restrictions
Author-friendly copyright
The published version of articles can be freely distributed
Funded solely by article (not page) charges (£650)

7. Subject scope
“The coverage of NJP extends across the whole of physics, encompassing pure, applied, theoretical and experimental research, as well as interdisciplinary topics where physics forms the central theme. The journal's objective is to publish truly outstanding research articles that merit the attention of all physicists.”

8. Editorial requirements
“An NJP article must meet the highest scientific quality standards, both in terms of originality and significance, and the research results should make substantial advances within a particular subfield of physics.
The impact of an NJP article should be such that it will appeal to the journal's broad readership. Towards ensuring high editorial standards, every article submission is assessed by the Editorial Board in addition to independent referees.”

9. The initial challenge A new, unproven journal
No track record or Impact Factor
Broad coverage aimed at serving the whole of physics
No critical mass in any one topic
Electronic-only
Concerns in 1998 about archiving digital content
Strict editorial standards
Particular demands for impact and general interest
Authors expected to pay a publication fee (£300 in 1998)

10. The initial challenge
First 3 years of NJP were tough
Just 79 articles published by 2002
Article submissions were flat
70% of submissions rejected
Fee waived for 60% of publications
IOP and DPG increased their investment in 2001
Greater commissioning activity by journal team and Editorial Board
Continued faith in strict quality criteria
The result was.…….

11. Journal content - submissions

12. Journal content – published articles
Journal has grown by a factor of 35 since 2001
Rejection rate is actually increasing (>75% for regular submissions)
90% of articles are now paid for
More and more researchers are choosing to pay to publish with NJP

13. Journal content – subject coverage
Expanding coverage in all major disciplines
NJP publishes ~0.2% of all physics papers
Particular target is the high energy particle physics community

14. Journal content - geography
Strong traditional support from Europe
Expanding support from N America and Japan
NJP has become a truly international journal

15. Journal readership

16. Journal readership - geography
More than 3 million downloads since 1998
700 downloads per article within 12 months
Readership each month extends to over 180 countries
Truly global
A real success for open-access!

17. Impact Factor Current Impact Factor is 3.44
3rd highest out of general physics, original research journals
Articles are increasingly being cited
NJP named a ‘Rising Star’ by Thomson ISI

18. NJP author-friendly copyright
NJP authors (and their institutions) can distribute the published version in the following ways:
on personal and/or employer’s websites/repositories and free public servers.
share print or electronic copies of their article.
use all or part of their article and abstract in other scholarly publications of their own work.
Third parties have the same rights to reuse articles in NJP as described in the Creative Commons Attribution-Non-Commercial-ShareAlike 2.5 license.

19. NJP Associate Members
NJP and is publishing model is endorsed by the following national physical societies:
Australian Institute of Physics
Austrian Physical Society
Belgian Physical Society
Chinese Physical Society
European Physical Society
Finnish Physical Society
French Physical Society
Indian Physics Association
Israel Physical Society
Italian Physical Society
Mexican Physical Society
Netherlands Physical Society
Norwegian Physical Society
Physical Society of Japan
Polish Physical Society
South African Institute of Physics
Spanish Royal Society of Physics
Swedish Physical Society
Swiss Physical Society
United Physical Society of the Russian Federation

20. Is NJP self-sustainable? Yes!
Since 2002 the article charge has increased in from £300 to £650
Financial revenue relies on 3 factors:
The publication fee - £650 (2008)
Number of published papers – 682 (2008)
% of authors paying – 90% (2008)
In 2008 NJP covered all of its operating costs for the first time
It will do so again in 2009 (with a surplus)

21. Thank you Any questions? yann.amouroux@iop.org Tel: 0044 117 9301117
IOP Publishing, Bristol, UK
Tel: