New York University has released "NYU Receives Major Grant from The Andrew W. Mellon Foundation; Collaborative Effort Aims to Meet the Challenge of Preserving New Forms of Digital Scholarship."
Here's an excerpt:
New York University has received a grant of $527,000 from The Andrew W. Mellon Foundation for a project to help ensure the preservation of complex new forms of digital scholarship. In the collaborative project, "Enhancing Services to Preserve New Forms of Scholarship," participating preservation service organizations will test the limits of their capabilities today, using their existing tools or drawing on partnerships to preserve a series of increasingly complex works from participating scholarly publishers. The ultimate goal is a clearly defined range of currently preservable technologies, as well as a set of guidelines and best practices for the publishing field.
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