New Open Access monograph publishing venture

An interesting new publishing venture for open access scholarly monographs, with a new funding model:

The Association of American Universities (AAU), Association of Research Libraries (ARL), and Association of American University Presses (AAUP) are implementing a new initiative to advance the wide dissemination of scholarship by humanities and humanistic social sciences faculty members by publishing free, open access, digital editions of peer-reviewed and professionally edited monographs.

Publishing costs will be met by university-funded grants and other revenue sources. These publication grants will enable open access publishing and will send a strong signal to humanities and social sciences faculties that universities value and wish to promote their scholarship.