The scholarly community is collaborating to build a trusted large dark archive. The core value underlying this archive is that it will have distributed governance and administration and no single legal entity will be responsible for the archive’s management. This guarantees that no organizational ties (of either not-for-profit or for-profit nature) can compromise the long-term viability of this initiative.
Access to archive content will be granted in response to a trigger event (for example, when content is orphaned or abandoned or a long-term business interruption), reviewed by a group of people all of whom will be working on behalf of the broader community. Content that is made accessible will be freely available to all.
Full article here: http://www.dlib.org/dlib/april06/04inbrief.html#REICH