Cambridge University Press strikes deals for open access
Under the read-and-publish model promoted by Cambridge University Press, institutions take funds they previously spent on journal subscriptions and repurpose them to support open-access publishing. Open-access publishing makes articles available for anyone to read, either immediately or after an embargo period. Different open-access tiers come with different charges and restrictions on article availability. One tier has colleges, universities, libraries or researchers paying to have their articles published and made widely available, which is different from the traditional publishing model...
Source: insidehighered.com