5 tips for Growing Journal Revenue in a Changing Business Environment

5 tips for Growing Journal Revenue in a Changing Business Environment

Remaining competitive in today’s complicated scholarly journal landscape has never been more challenging for publishers. Confronted with rapidly evolving business models, funding constraints, growing competition and stretched resources, sustaining and growing revenue can seem like a daunting task and uphill struggle at times.

During our most recent edition of the KGL PubFactory Virtual Series, Kevin Lomangino, Director of KGL Consulting, presented an insightful and panoramic talk on the current state of the journal market, looking at how evolving trends are impacting publishers, while also providing some useful tips on how journals can navigate this new reality to stay competitive and boost revenue. Read some of his key takeaways.

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The Future of Peer Review: an Interview with Zara Manwaring, Managing Editor at Portland Press

The Future of Peer Review: an Interview with Zara Manwaring, Managing Editor at Portland Press

For Peer Review Week, KGL interviewed journal editors and publishing experts on the state of peer review in 2023. In this insightful Q&A blog, we share the full interview conducted with Zara Manwaring, Managing Editor at Portland Press, which is the publishing arm of the Biochemical Society. We sat down with Zara to discuss the challenges posed by paper mills on the peer review processes and how the journal, Bioscience Reports, responded to these issues.

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Frankfurter Buchmesse 2023: The State of AI

Frankfurter Buchmesse 2023: The State of AI

When ChatGPT launched last November, the publishing industry began to discuss and write about how we can use AI in our industry—will it be used to help with research, to produce journal articles, to create marketing copy or content, to conduct scholarly communication, in peer review, or in ways we have yet to discover?

Here at KGL, as discussed recently on our PubFactory Virtual Series: Industry Day community event, we have been experimenting with AI detectors for peer review, media creation, alt-text generation, and a “conversational manuscript” using ChatGPT, among other potential use cases.

Though new applications (and implications) of AI are being discovered every day, one panel at the Frankfurt Book Fair this month seeks to provide the most up-to-date information on AI and its impact on the industry in “The State of AI in Publishing Today:”

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Peer Review and the Future of Publishing: Insights from Scholarly Journal Editors

Peer Review and the Future of Publishing: Insights from Scholarly Journal Editors

by Amy King

KGL Editorial recently interviewed five scholarly journal editors and publishing experts on the unique aspects they consider in their peer review process. These publishing professionals generously shared their experiences in the spirit of Peer Review Week, which both inspires innovation and new initiatives and evokes camaraderie in their common challenges. All five individuals shared at least one unique aspect of their peer review model with us.

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Top Five Author Pain Points

Top Five Author Pain Points

“If it doesn’t come bursting out of you in spite of everything, don’t do it,” wrote Charles Bukowski in his poem “So you want to be a writer?” Being an author isn’t easy. Writers experience challenges in research, struggle with expressing their thesis, and even have writer’s block at times. But even if the ideas, the story, the research, and the writing all come bursting out of a writer, the difficulties don’t end there. Once the work is written, writers must then attempt to get their work published. And, as any writer can tell you, navigating the publishing process may be even more difficult than writing in the first place.

From an author perspective, the lack of development of this process poses significant difficulties during a time when their earnings have declined dramatically—42 percent over the last decade, according to an Authors Guild survey of trade and academic writer associations. The following are some of the more significant pain points for authors that publishers can help them navigate.

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How Are Scholarly Publishers Adapting To Open Access?

How Are Scholarly Publishers Adapting To Open Access?

Throughout the twentieth century, academic institutions had a mandate to provide full access to the peer-reviewed scholarly literature and budgets that were more or less up to the task. Scholarly societies could count on journal subscription revenues to help fund programs and activities that benefitted their organizations, members, and fields.

Now open access models are gaining attention and growing in popularity, sometimes adding to and other times threatening the steady revenues that journal publishers have counted on for years. How will this and other seismic shifts affect the journal publishing industry moving forward?

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Seven Publishing Trends for 2021

Seven Publishing Trends for 2021

At around the same time last year, publishing industry experts and analysts looked ahead with optimism, hope and excitement as they speculated on what wonders 2020 might bring. As we all know, things didn’t exactly turn out as we expected. But, while many might think that trying to second-guess what the future may hold is a bit like nailing jello to the wall right now, surprisingly there are actually many clear indications of what could be in store for us in 2021. Here are our top seven predictions for what publishers can expect from the year ahead.

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