> When it comes to subscriptions: academic libraries, under pressure of academics.
Where are these researchers who pressure the academic libraries to buy subscriptions? I never saw them, except if they are in the management.
If we were to speak in market terms, well, publishers are private entities driven by the market forces, right? So in market terms the clients (researchers) manifest a strong preference for other products than those offered by the publishers. Why do they still exist? Does not make any sense, except if we recognize also that the market is perturbed by the fact that somebody still buys their product and forces the clients to consume and to produce it.