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.