In this paper we propose a third alternative to the two current contenders for the way forward in scholarly publishing. We propose that very low-cost (VLC) subscriptions paid by a broadened audience of institutions and individuals might offer some significant advantages for the future of scholarly publishing and indeed for the wider dissemination of knowledge. Natriello, G. & M. Rennick. (2005). The Middle Way: The Very-Low-Cost Model for Scholarly Publishing. Pp. 78-89 in Center for Intellectual Property, Colleges, Code, and Copyright: The Impact of Digital Networks and Technological Controls on Copyright and the Dissemination of Information in Higher Education, ACRL Publications in Librarianship No. 57, Chicago: Association of College and Research Libraries.