Unfortunately the implied reputation of being published in certain journals is still something that's too ingrained in academia. It's worse than that: this isn

Unfortunately the implied reputation of being published in certain journals is still something that's too ingrained in academia. It's worse than that: this isn't just a matter of old fogies (who will eventually retire) clinging to out-moded ways. The problem is, academic career progression is dependent on publication. And these days, it's also contingent on citations. Your work is more likely to be cited if it's in a prominent journal. So by gaining a lock on the high academic impact publications, the big publishers have got a stranglehold on the career ladder.