BOSTON, USA. Scientists have expressed their amazement that the public library of science (PLOS) isn’t “absolutely rolling in it”, it has emerged, after PLOS announced that they were increasing their article processing charges to $1495 on Tuesday.
Wikipedia lists that PLOS ONE alone published 31,500 papers in 2013 and 30,040 papers in 2014. Even at just $1000 per paper, that amounts to an income of $61.54 million in just two years. Given that the majority of scientists (academic editors and reviewers) work for PLOS for free, this appears to be a large income for PDF generation, a bit of type-setting and running a website.
“I think this must all be going into Mike Icing’s Swiss bank account” said one source, who wished to remain anonymous. “I mean, $60 million is a lot of money – what do they spend it on? Is their a PLOS jet sitting round somewhere?”