The document discusses recent trends in academic publishing in Japan. It summarizes that two main factors driving change are competitive research funding and the world wide web. It describes how academic content is circulating on the web through three pathways: from web to book, from book to web, and from web to web. It also discusses implications for both publishers and libraries in light of these trends, such as publishers extracting new authors and content from the web and libraries needing to guide access to changing academic publishing and content landscapes.