I received this press release from the AAUP mailing list today.  It is reprinted in part below. Two major university press e-book initiatives –Project MUSE Editions (PME) and the University Press e-book Consortium (UPeC) — have joined forces. The result of this merger — the University Press Content Consortium (UPCC) — will launch January 1, [...]

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Thanks to Resource Shelf for this information. Project MUSE just announced the launch of an eBook program for 2011, Project MUSE Editions.  There are currently 9 university and institute presses on board with more negotiations in process. From the press release:  

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