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Booknerds don't have the political clout of the Merchants of Venice, Los Angeles.

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:#marseyxdoubt:

Using statistical methods, Giles and Khabsa estimated that at least 114 million English-language scholarly documents are accessible on the Web, of which Google Scholar has nearly 100 million. They estimate that at least 27 million (24 percent) are freely available since they do not require a subscription or payment of any kind. The estimates are limited to English documents only.

If 114 million papers are there and only 27 million are free, that means 87 million are paywalled. Average price of an article from Elsevier would be around ~$30. Which means a person would need to spend 2.6Billion to get the entire output of academic articles written in English.

Compare this to the total number of Hollywood movies produced till now which stands at around about 800,000. If a rental stream of a movie (on a platform which allows a la carte) one year after release costs $6, each person would need to spend a mere 5 million to enjoy the entirety of Hollywood.

That is why the profit margins of Universal and Sony barely goes up above 10% while that of Elsevier and Springer rarely goes below 40%

!bookworms :#marseyletsfuckinggo2: never fricking buy anything

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