Being a competitive firm yet unable to cover production costs, the publisher shuts down. Jill, as well as Jack, now has no place to publish papers. There goes their chance for tenure and promotion. This is why journal publishers are demanding that the final version of an accepted or published paper not be made available on the Internet. Publishers are monopolies making huge profits and we should break them up.
Some publishers get by with a handful of employees.
They seem to be more concerned with survival than with trying to monopolize the market. Yes, eventually, though both formats will be available temporarily to ease the transition. This prediction is based on the conjecture that the Internet will be ultimately preferred by both consumers and producers. Electronic versions are instantaneously and more widely available to the public than the hard copies. And for this reason alone, most journals will become available on the Internet, and sooner or later, the journals not available on the Internet are likely to disappear.