Summary: | We outline the work of two university presses, with assistance from the Community-led Publishing Infrastructures for Monographs (COPIM) Project, in creating an innovative revenue model to fund Open Access (OA) monographs at a traditional publisher. Building on library journal subscription models and on Knowledge Unlatched's approach to monograph funding, this OA publishing model (called “Opening the Future”) gives members special access to a backlist, with the revenue then used to make the frontlist openly accessible. We also examine the general landscape of OA and funding models and discuss some of the challenges and benefits. © 2022, Published with license by Taylor & Francis Group, LLC. © 2022 Martin Paul Eve, Frances Pinter, Sharla Lair and Tom Grady.
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