From the SCOAP3 Web Site:
CERN, the European Organization for Nuclear Research, and the ‘host organization’ of SCOAP3 announced today it has signed contracts with 10 leading scientific publishers and learned societies to extend this Open Access initiative for three more years. This was the last step for this unique global Open Access partnership to continue supporting authors worldwide through at least December 2019.
The SCOAP3 partnership comprises 3’000 libraries, funding agencies and research organisations from 44 countries and 3 intergovernmental organizations. In cooperation with leading scientific publishers and learned societies, SCOAP3 has supported the transition to Open Access of key journals in the field of High-Energy Physics as of 2014. In the first three years of SCOAP3 operation, 20,000 scientists from 100 countries have benefited from the opportunity to publish more than 13’000 Open Access articles free of charge.
Eight journals will participate in this three-year extension of the initiative, of which five are published by learned societies. All articles will be published Open Access in perpetuity, under Creative Commons CC-BY licenses at no direct cost to any authors. In addition to availability on the publishers’ platforms, articles will be also available on the SCOAP3 Repository, enabling partners to build value-added services.