University presses move to Open Access model in tough budget times

As you may or may not know, UNLV Libraries is now sponsoring an Open Access publishing platform for scholarly journals. This article from Inside Higher Ed briefly describes the University of Utah becoming the most recent university press--University of Michigan Press led the way--to embrace Open Access for book publication. Excerpts from the article:
"the press will survive -- in part by embracing a new model of organization (becoming part of the university library) and a new business model (embracing open access, in which most publications would be available online and free). While both of those changes are significant, key aspects of the press's identity and mission will not change. It will continue to be a peer-reviewed scholarly publisher, and plans to continue its highly regarded work in fields such as composition studies, folklore, poetry, environmental studies, and the history and culture of the West....But the more significant philosophical shift is to open access, with digital publication as the norm...the press will survive and that in digital format its books will have "the same rigorous scholarly peer review" as print books."