Abstract
SCIENTIFIC PUBLISHERS NO longer live in a stable world, according to Robert D. Bovenschulte, director of the American Chemical Society's Publications Division. Technology is rapidly transforming our capabilities and the functionality of the products we publish. It's changing the way in which authors submit articles to journals; it's changing how peer review is conducted; and it's changing how editing, proofing, and production are done. It is also fundamentally changing the very economics of the business, he says. Bovenschulte describes the marketplace as turbulent, rife with uncertainty about any action we may take or any activity we may invest in. It's difficult to anticipate the reception and impact that a new activity may have. Despite such an unsettled climate, gross revenues for ACS's Publications Division rose 5.4% from $92.0 million in 1999 to $96.7 million in 2000. After expenses, the division's net contribution helps to fund the society's non-revenue-generating activities. Growth in divis...
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