Last year about this time the entire editorial board of the Elsevier journal Topology resigned, this August it’s the turn of the Springer journal K-theory. The editors of this journal have all resigned, issuing the following statement:
Dear fellow mathematicians,
The Editorial Board of ‘K-Theory’ has resigned. A new journal titled ‘Journal of K-theory’ has been formed, with essentially the same Board of Editors. The members are A.Bak, P.Balmer, S.J.Bloch, G.E.Carlsson, A.Connes, E.Friedlander, M.Hopkins, B.Kahn, M.Karoubi, G.G.Kasparov, A.S.Merkurjev, A.Neeman, T.Porter, D.Quillen, J.Rosenberg, A.A.Suslin, G.Tang, B.Totaro, V.Voevodsky, C.Weibel, and Guoliang Yu.
The new journal is to be distributed by Cambridge University Press. The price is 380 British pounds, which is significantly less than half that of the old journal. Publication will begin in January 2008. We ask for your continued support, in particular at the current time. Your submissions are welcome and may be sent to any of the editors.
Board of Editors
Journal of K-theory
The subscription cost for the Springer journal had been $1590, $1325 for electronic-only access.
I notice that while the editorial board of Topology has resigned, that hasn’t caused Elsevier to stop publishing and selling the journal. While I’m sure that a recent paper copy of the journal that I saw did not carry the names of the editors that resigned, the online version of the journal appears to still carry the names of the old editors, giving no indication that they have resigned. As far as I know, Elsevier has not been able to recruit a replacement editorial board, but they are still selling the journal, at a yearly subscription price of $1665.
Update: Via the comment section, there’s the related news that
As of 2008 no longer published by Elsevier, please contact publisher Societe Mathematique de France for details.
and, unlike the case of Topology, they appear to be no longer trying to sell subscriptions to the journal. Presumably the ENS controlled rights to the journal and its name so was able to simply remove it from Elsevier, unlike the case of the former editorial board of Topology.
Update: It turns out that there may be more to this story. See in particular the comment posted here by Andrew Ranicki, who says that no papers submitted to K-theory since April 2006 have been forwarded to Springer, and that he and Wolfgang Lueck will be acting as interim managing editors for the Springer journal to sort out this situation.