Title: SCOAP$^{3}$: Explanation and Current Status

The Sponsoring Consortium for Open Access Publishing in Particle Physics (SCOAP$^{3}$) is a successful global partnership of libraries, funding agencies and research centers. SCOAP$^{3}$ has negotiated with journal publishers on behalf of libraries and institutions from around the world to produce open access literature in particle physics journals that were previously published in a traditional subscription-based model. This presentation will provide an overview of the process, an update of its status and some intriguing research metrics that have emerged.