On 10 September 2007, the Financial Times published STM's CEO Michael Mabe’s letter ‘Paying for research does not pay for its publication.’  Mabe’s letter responds to James Boyle’s 4 September article ‘The irony of a web without science.’  According to Mabe, ‘ The genius of the web does indeed allow us all to communicate more easily; and STM publishers have been at the forefront.’