Academic publisher Oxford University Press (OUP), UK, has announced that its journal Progress of Theoretical and Experimental Physics (PTEP) has been identified for participation in SCOAP3 (Sponsoring Consortium for Open Access Publishing in Particle Physics). SCOAP3 is a new collaborative initiative for open access (OA) publishing in high-energy physics, which aims to convert the literature of the field to OA by redirecting subscriptions fees to directly pay for the publishing services, in a way transparent to authors.
PTEP is among several journals from different publishers to participate in the project. The open and competitive procedure, conducted by CERN for the benefit of SCOAP3, took into account the quality of the journals, the quality of the services provided, and the unit price for publishing each article. SCOAP3 will start operations in 2014. Articles funded by SCOAP3 will be available open access in perpetuity, under a CC-BY licence.
PTEP, an international OA journal that publishes articles on theoretical and experimental physics, is owned by the Physical Society of Japan. It was announced earlier this year that OUP would be publishing this title on the Society's behalf.