I like the idea. It has happened before [0], eg the complete editorial board of the (Elsevier) Journal of Algorithms resigned in 2003 and founded the ACM Transa

I like the idea. It has happened before [0], eg the complete editorial board of the (Elsevier) Journal of Algorithms resigned in 2003 and founded the ACM Transactions on Algorithms, effectively taking the prestige and reputation with them. The Journal of Algorithms folded in 2009. However, this only happened because Journal of Algorithms founder Don Knuth instigated it (because he was disgusted with Elsevier's pricing policies, back then already; see [1] (PDF)). If the process were one-click easy and streamlined, it might happen more often. [0] https://en.wikipedia.org/wiki/Elsevier#Resignation_of_editorial_boards https://en.wikipedia.org/wiki/Elsevier#Resignation_of_editor... [1] http://www-cs-faculty.stanford.edu/~knuth/joalet.pdf http://www-cs-faculty.stanford.edu/~knuth/joalet.pdf