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While much of this debate rests in a very grey area, it is a gross exaggeration to assume that the lost society revenue will be redistributed through universities that would no longer pay subscription. Society revenue funds items such as conferences, travel awards for trainees, and public advocacy. One cannot assume that universities will fill these specific gaps should publishing become completely OA, as they are entirely different entities. In fact, it is much more plausible that universities may direct this revenue towards completely different areas and simply decrease library budgets. (This point was raised around 22:00.)