Market Forces, Technical Changes Pushing STM Publishers Toward a Cliff?

On the recommendation of Dorothea Salo, I read today Richard Poynder’s interview with Claudio Aspesi, a financial analyst who’s job is to track the state of, and predict the future of, the commercial scholarly publishing industry In his interview of Poynder, the focus was on the financial health and prospect of Reed Elsevier but the discussion was briefly generalized to include Wiley-Blackwell and Springer. This is obviously not the kind of thing that I typically read, but it was very interesting to hear a deeply capitalist and, to me sophisticated, analysis of factors that point to the possible collapse of the scholarly communications system that we have known. Librarians  will find the serials crisis arguments interesting. Read it here.