https://www.documentcloud.org/documents/5683932-Resignation-...
There appear to have been multiple complaints:
1. Ownership of the journal is non-negotiable.
2. Article Publishing Charges (APC) are non-negotiable. APC is the charge paid by an author to get an article published under the journal's current Open Access policy.
3. Unwillingness to participate in an initiative to freely publish article citation data (I4OC): https://i4oc.org
Many journals have instituted author-pays Open Access policies. In my view, this model is just as unsustainable as reader-pays (or more accurately, library-pays).
The crux of this entire problem is that nobody knows how much it really costs to run a journal in the digital age. Or at least they're not telling. I'm not talking about costs excluding unpaid volunteers. I mean the full cost.
I suspect the board of JOI will find out for sure. It will be interesting to see: (a) whether it charges APCs; and (b) if it does, how they compare to those Elsevier charges.