So, it looks, with the easy reach of software such as Open Journal Systems and Annotum, as though anybody can create a journal. This is, to a large extent, true. It comes, however, with a problem. Even assuming that you get the editorial board together, have a great first issue and the journal continues, what happens (to take an extreme case) if the server admin dies (I mean real, physical human death)? What happens to the content?
Martin Paul Eve (Fri,) studied this question.