From: Joseph Esposito <[log in to unmask]>
Date: Sun, 10 Jan 2016 20:36:05 -0500

Can someone clarify one of the numbers in the release? There are 40
participating institutions. Have they each pledged $1 million over 5
years or is the total of all pledges combined $1 million?

Joe Esposito

Sent from my iPad

> On Jan 10, 2016, at 7:05 PM, LIBLICENSE <[log in to unmask]> wrote:
>
> From: Ann Shumelda Okerson <[log in to unmask]>
> Date: Sun, 10 Jan 2016 18:56:09 -0500
>
> http://www.lib.umich.edu/news/michigan-publishing-collaborates-launch-lever-press
>
> Michigan Publishing, the publishing division of the University of
> Michigan Library, will launch a new open-access book-publishing
> imprint, Lever Press, in collaboration with Amherst College Press and
> the Oberlin Group, a consortium of 80 libraries in America's top
> liberal arts colleges.
>
> Lever Press will publish digital-native titles distinguished by three
> key features: editorial alignment with the mission and ethos of
> liberal arts colleges; a "platinum" approach to open access in which
> the pledging institutions rather than authors pay all publishing
> costs; and digitally native production processes designed to support
> innovative projects that go "beyond the book."
>
> SNIP
>
> Nearly 40 liberal arts college libraries—most of them members of the
> Oberlin Group, along with Allegheny College and Ursinus College—have
> committed more than $1 million to the work of Lever Press over the
> next five years. Librarians and faculty members at these institutions
> will also comprise the press's oversight committee and editorial
> board. Supported by these pledges, Lever Press aims to acquire,
> develop, produce and disseminate a total of 60 new open-access titles
> by the end of 2020.