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Head of Public Library of Science defends financial security of publishing group

BMJ 2006; 333 doi: (Published 29 June 2006) Cite this as: BMJ 2006;333:14
  1. Balaji Ravichandran
  1. BMJ

    The head of a leading online publishing house, the Public Library of Science (PLoS), has defended the financial viability of the venture after an article in Nature last week (2006;441:914) suggested that the author-pays model of funding publications, which PLoS uses, may be in crisis.

    “It will not be long before substantial evidence has accumulated to demonstrate the financial viability of the author-pays model,” said Mark Gritton, chief executive officer of the open access publishing group.

    His comments come after the news story in Nature showed that PLoS, the flagship publisher of PLoS Biology and PLoS Medicine, was facing a deepening financial crisis.

    Although Mr Gritton accepted the accuracy of the Nature …

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