Revolution and Protest Online

Revolution and Protest Online is an Alexander Street resource, which provides documents, images and videos on revolutions and resistance, protest, and social movements from the eighteenth to the twenty-first centuries. It can be purchased as a standalone collection with a perpetual access license, or it can be accessed as a Related Collection through a subscription to Global Issues Library, another Alexander Street resource. This database contains original documents and images in PDF format, as well as e-books, monographs, journals, and videos. These are drawn from a variety of national and international sources, and collectively represent several hundred images, almost 200 videos, and nearly 100,000 pages of content.This database is not difficult to navigate, and finding materials there is relatively easy, using either the basic or advanced searches or through browsing. These various search and browse functions can produce useful results, and are easily understandable, though the advanced search is arguably the most flexible and effective (but also the most complex!). Pricing for this database is based on an institution's budget, FTE, and whatever consortia arrangements it and other institutions make with the vendor. As a consequence, its price can vary considerably from one subscriber to another! For a specific price quote, contact Alexander Street. Its licensing agreement is quite average in its length and composition and is apparently the standard one for the vendor. The quality, quantity, and variety of materials in this database is notable. It will certainly be of use to those researching the political, historical, and social aspects of revolution and protest, both in the United States and around the world. However, given its price variability, it may only be of marginal value to institutions with a high purchase/subscription price and a low demand for these kinds of materials.

Market share of the largest publishers in Journal Citation Reports based on journal price and article processing charge

Purpose: There are growing questions about the market share of the largest publishers. Although evaluations based on Journal Citation Reports (JCR) are important, librarians are more interested in journal costs. Therefore, this study was conducted with the aim of estimating the market share of the largest publishers listed in JCR using the journal subscription price (journal price) and article processing charge (APC). Methods: The top 10 publishers were selected based on six indicators in JCR 2014 to 2018, and then their journal prices and APCs were investigated according to list prices. Other prior studies were also compared to estimate their market share more realistically because list and actual prices are not identical. Results: The estimated average price of subscription journals in JCR was 2,300 US dollars and the average APC for an article was 2,652 US dollars. The APC per article was more expensive than the average journal price. Based on journal price and APC, the market influence of the top three publishers was 48.0%, but their market share was estimated to be 55.2% when annual reports and other studies were combined with this study. The difference was due to Elsevier’s journal costs, as Elsevier’s market share was higher than its market influence. Conclusion: APCs require additional budgetary resources from institutions, but are another revenue source for publishers. Librarians need to reflect APC spending in journal subscription negotiations with the largest publishers. To clarify the market share more accurately, it is necessary to share information on subscription and APC costs paid by institutions.

Newspapers in Times of Low Advertising Revenues

We model the consequences on newspapers’ content and prices of a reduction in advertising revenues. Newspapers choose the size of their newsroom, and readers are heterogeneous in their ideal amount of journalistic-intensive content. We show that a reduction in advertising revenues lowers newspapers’ incentives to produce journalistic-intensive content. We also build a unique dataset on French newspapers between 1960 and 1974 and perform a difference-in-differences analysis exploiting the introduction of advertising on television, which affected national newspapers more severely than local ones. We find robust evidence of a decrease in the amount of journalistic-intensive content produced and the subscription price. (JEL L11, L82, M37)

A study of legacy U.S. newspapers' digital subscription prices

Disruptive innovation of the newspaper industry is forcing publishers to reconsider reader revenue models as, on the whole, print subscription rates continue to fall and digital advertising revenue rates fail to pick up the slack. This presents a business challenge on several fronts, including that reduced revenues precipitate labor cost reductions. Over the past decade, that has meant newsroom-wide staff layoffs. This study examines prices of digital content subscriptions at 100 legacy regional newspapers across the United States. The purposive sample comprises websites of newspapers from 41 states and Washington, D.C. Prices were recorded from the sites' subscription web pages and analyzed with other variables such as market area, print circulation and parent company. The standardized weekly price of digital access for the 100 sites ranged from $0.46 to $7.85. The median digital subscription price was $2.31 per week. Market area and print circulation were shown to not have a direct correlation with digital subscription price. In some cases, parent company had a direct effect on subscription price, as prices were standardized across the companies' local properties. In a survey, producers said market testing and ownership mandates were the most important considerations when setting price, followed by industry norms, then competitor prices. Keywords: digital subscription, paywall, pricing, reader revenue, subscriber revenue

The Effect of Growth Opportunities, Issue Size, Leverage, Ownership Concentration, and Subscription Price Discount toward Cumulative Abnormal Return: Study on Right Issue Event

Objective - The investment decision made by investors was a reaction to the information received by investors. The information captured by the market as a signal. One example of information used by investors is right issue event. The aims of this study are to examine and to analyze the effect of growth opportunities, issue size, leverage, ownership concentration, and subscription price discount toward cumulative abnormal return on right issue event. Methodology/Technique - This type of research is explanatory research. The sample of this research is real sectors companies which have issuing rights during the2012-2014 period in Indonesia Stock Exchange, by using census method, and obtained in 37 companies. Data were analyzed by multiple linear regression method. Findings - According to statistical results, issue size, leverage, and subscription price discount havepositive significant effect on cumulative abnormal return, while growth opportunities and ownership concentration have insignificant effect. This positive effect suggests that such right issue captured by investors as a positive signal and conveys favorable information about new investment opportunities. Novelty - This research investigated the factors that influence the investment decisions made at the time of the rights issue in Indonesia Stock Exchange. Type of Paper - Empirical Keywords: Right Issue, Cumulative Abnormal Return, Signaling Effect.