The Royal Society has announced plans to develop a transparent pricing policy in which the subscription cost of its journals are linked to the uptake of author-pays, open access articles.
"From 2012 we shall implement a new and more transparent pricing policy in which the price of each journal is tied to the number of non-open access articles published in that journal and each journal will publish the relevant article counts annually. We recognise the legitimate concerns of the research community that publishers of hybrid open access journals should take full account of the income they receive from article charges when setting subscription prices and believe that this model represents a coherent and viable way forward."
Further details of the Royal Society's open access publishing option (known as EXiS) can be found here.
See related post: Wellcome Trust calls for greater transparency from journals on open access publishing costs