From Scholastica's 2020 ["State of Journal Production and Access"](https://lp.scholasticahq.com/journal-production-access-survey/) report:

> Transformative agreements were a lower rated option, with 54% of survey respondents selecting “low” or “no” potential and only 32% of respondents selecting “some” or “very” high potential.

[Scholastica](https://scholasticahq.com/about), a small for-profit journal-hosting platform,[ surveyed](https://lp.scholasticahq.com/journal-production-access-survey/) 63 society and university publishers on, among other things, the "potential" of various funding options. The chart: