The American Association for the Advancement of Science (AAAS), publishers of the journal Science and related journals, have announced their intent to create a new online-only Open Access journal called Science Advances. According to Marcia McNutt, editor-in-chief of Science, the purpose of the new journal is "to encourage transformative research and attract a wide readership."
The peer-reviewed journal is expected to be available starting in 2015. In order to cover the publication costs of the journal, authors will pay an article processing charge for each article that is accepted.
Read the news release: "AAAS Expands the Science Family of Journals with the Launch of Science Advances"
More about this from Science Insider: "AAAS Launches Open-Access Journal"