From the Chronicle of Higher Education via here and here.
Open peer review—which gives anyone who’s interested a chance to weigh in on scholarly content before it’s published—just got an institutional boost. The Andrew W. Mellon Foundation has given New York University Press and MediaCommons a $50,000 grant to take a closer look at open, or peer-to-peer (P2P), review, the press announced today. MediaCommons is a digital scholarly network hosted by the NYU Libraries and affiliated with the Institute for the Future of the Book.