The end of subscription-based business models for academic publishing?

An evidence-based case for new publishing alternatives in academia from Science Europe.

This paper makes the strong, fact-based case for a large-scale transformation of the current corpus of scientific subscription journals to an open access business model. The existing journals, with their well-tested functionalities, should be retained and developed to meet the demands of 21st century research, while the underlying payment streams undergo a major restructuring.