We provide publishers with an opportunity to develop a commercially sustainable Open Access approach that takes advantage of the opportunities of digital technology.
By offering books and journals through Knowledge Unlatched, publishers gain access to funding to cover the fixed costs of publishing scholarly content in the form of a Title Fee that will be paid by the Knowledge Unlatched member libraries. In return for the Title Fee, publishers will make a version of specified books and journal articles available on a Creative Commons licence.
Publishers will also have the flexibility to experiment with different approaches to maximising their income across a wider market. For example, they might choose to publish books and journals in paperback as well as hardback, or develop premium value-added content that libraries may be willing to pay extra for.