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‘Opening The Future’ – A Reliable Funding Model For Open Access Monographs: Introducing An Innovative Approach To Publishing Oa Books Through Library Membership Funding, Kira Hopkins, Tom Grady Apr 2024

‘Opening The Future’ – A Reliable Funding Model For Open Access Monographs: Introducing An Innovative Approach To Publishing Oa Books Through Library Membership Funding, Kira Hopkins, Tom Grady

All Things Open

We outline the work of two university presses (Liverpool University Press and Central European University Press) who are, with assistance from Copim (Community-led Open Publication Infrastructures for Monographs), running an innovative revenue model to fund open access monographs. Called Opening the Future (OtF) this model builds on library subscription models: giving library members access to a highly-regarded backlist, with the revenue then used to make the frontlist openly accessible to all.

Given the current global library environment and budget pressures, a consortial model of funding promises a cost-effective solution for OA that means no single institution bears a disproportionate burden. …