The Open Library of Humanities has been launched.
Here's an excerpt from the announcement:
North Beach, San Francisco It is with great pleasure that we announce the launch of the Open Library of Humanities. Over two years in the planning and execution, the platform starts with seven journals, supported by 99 institutions. Our estimated publication volume for year one is 150 articles across these venues. The economics of this work out at approximately £4 ($6) per institution per open-access article.