American Physical Society announces Physical Review X : “APS announces Physical Review X (PRX), an online, open access, primary research journal for authors in all fields of physics. [...]
PRX will provide validation through prompt and rigorous peer review, and an open access venue in accord with the strong reputation of the Physical Review family of publications.
Articles in PRX will be published under the terms of the Creative Commons Attribution 3.0 License, leaving copyright with the authors. [...]
The funding required to make PRX freely available will derive from article-processing charges of $1500 per article. These will cover the expenses associated with peer review, composition, hosting, and archiving. “APS strives to be among the most cost-effective publishers in physics and is committed to a sustainable model that makes PRX affordable for authors and their funding agencies, nationally and internationally,” said Joseph W. Serene, APS Treasurer/Publisher.
A Call for Papers will be issued in March and the first article published in Fall 2011.” http://www.eurekalert.org/pub_releases/2011-01/aps-aps011911.php
