The world’s largest exhibitions organizer, London-based Informa plc, outlined on Thursday morning a series of emergency actions it’s taking to alleviate the impact of the COVID-19 pandemic on its events business, which drives nearly two-thirds of the company’s overall revenues. Noting that the effects have been “significantly deeper, more volatile and wide-reaching,” than was initially anticipated, the company says it’s temporarily suspending dividends, cutting executive pay and issuing new shares worth about 20% of its total existing capital in an effort to strengthen its balance sheet and reduce its approximately £2.4 billion ($2.9 billion) in debt to £1.4 billion ($1.7 billion). Further, Informa says it’s engaged in “constructive discussions” with its U.S.-based debt holders over a covenant waiver agreement.

A STM industry report (Ware and Mabe 2009:16) shows that revenues in journal publishing are generated primarily (up to 75%) from academic library subscriptions. Further 15% revenues come from corporate subscriptions.

STM views all scholarly, scientific, technical, medical and professional publishers as reputation managers not only of themselves, but of the whole community as well.

ittle direct indication that the Trump administration or congressional leaders known for attacking scientific research on climate change and human health are looking to exploit reproducibility campaigns as a political opportunity.