The MIT Press and the MIT Media Lab Launch the Knowledge Futures Group | The MIT Press

"The MIT Press announced today the launch of the Knowledge Futures Group (KFG), a first-of-its kind collaboration between a leading publisher and a world-class academic lab to transform how research information is created and shared.

This joint initiative of the MIT Press and the MIT Media Lab seeks to redefine research publishing from a closed, sequential process, into an open, community-driven one. The goal is to develop and deploy technologies that form part of a new open knowledge ecosystem, one that fully exploits the capabilities of the Web to accelerate discovery and the transmission of knowledge.

The effort has thus far received $1.5 million for its initial year of operation, through the generous support of Reid Hoffman, co-founder of LinkedIn and a member of the MIT Media Lab’s Advisory Council; smaller project-specific gifts from Siegel Family Endowment, the John S. and James L. Knight Foundation, the Alfred P. Sloan Foundation, and Protocol Labs; and several individual donors...."