Academia.edu's Richard Price: "The end of the paywall"

Academia.edu's Richard Price: "The end of the paywall"

By The Sunday Times

The Sunday Times’ tech correspondent Danny Fortson brings on Richard Price, founder of Academia.edu, yo talk about how academic publishing works today (4:00), doing to publishing what Napster did to music (6:15) starting out with banana cakes (7:20), raising his first round of money (11:45), going from 50 sign-ups-a-day to 72m users (12:30), getting to 20m research papers uploaded (14:15), taking on a centuries-old business model (15:45), the importance of prestige (19:55), quality control (21:05), the last bastion in publishing untouched by the Internet (25:30), and bankrolling free access with a core of subscribers (28:15). PLUS: Jeffery Mackie-Mason, head librarian at the University of California, comes on to talk about his showdown with Elsevier over the publisher’s “extortionary” prices (32:10), how subscription rates have soared (35:05), unleashing scientific progress (37:15), playing hardball (39:00), how publishing giants have defended their turf (40:45), reaching a tipping point (42:45), the publishers beginning to break ranks (46:10), and the key to the traditional players’ power (47:15).

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