Yesterday brought about the launch of PeerJ, a peer-reviewed, open-access journal that offers paid-for-life subscriptions. There are three plans: $99 and it allows for them to publish one paper a year; $199 for two papers a year; and $299 will give you unlimited publications per year.
Academic publishing is pretty much locked-down by the four big companies
these days: Springer, Elsevier, Wiley, and Taylor & Francis. All
four companies charge minimally $1000 - author processing charges vary
journal-by-journal - but often climb toward $2000 or $3000.
Peer J isn't the only new journal trying to make open access a bit less financially grim, Open Library of Humanities and eLife have both launched during this past month. eLife is, like PeerJ, for science and biomedical research whereas OLH is aimed at humanities and social sciences. eLife is currently APC-free, while OLH is aiming to offer a low-APC service.
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