A glib response to the STM publishers' statement (below) as far as open
access is concerned would be: so no news there, then. But it raises more
important issues.
First, it is right to recognise the remarkable progress that journal
publishers have made in becoming digital in the last decade or
Concerns have been expressed about preservation of eprints stored
in institutional archives, e.g. see this JISC study Feasibility and
requirements study on preservation of e-prints
http://www.jisc.ac.uk/uploaded_documents/e-prints_report_1-0.pdf
which led to this paper in D-Lib The Digital