PLOS receives $3.3M grant to support Open Access publishing & business model transformation - The Official PLOS Blog

"PLOS has been awarded a $3.3million grant from the Bill & Melinda Gates Foundation, underscoring its commitment to pioneer a shift away from traditional publishing models. The 3-year funding package from the Gates Foundation will support PLOS’ transition towards APC-free publishing by enabling authors, funded by the foundation, to publish with PLOS without facing APC barriers, and to contribute to open access publishing options for authors who do not have access to funding. This 3-year grant offers support while PLOS is actively working on new publishing models grounded in open science starting with an ongoing research & design project."