As you can imagine, people are disappointed by this stance, though the author of this item expresses doubt that it completely represents the Royal Society. Stuart Yeates writes, "The issue is challenging for the Royal Society, because like many scholarly societies they currently derive a large portion of their income from selling journals to institutional libraries." I'm sympathetic, though I caution, the purpose of academic publishing is not to keep organizations like the Royal Society afloat, much as they may feel otherwise.
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