September 11, 2012

The U.K. and Oklahoma may be putting a dent in two subscription businesses’ profits. The U.K. government recently called paywalls for scientific journals “deeply unhealthy” and announced plans to make all research publications “open-access” in order to promote knowledge sharing and scientific advancements. But Reed Elsevier calls the new rule “catastrophic,” saying it could reduce the company’s profits by 60%. While the new law is limited to the U.K., the European Union could adopt similar regulations, and paidContent…