Tania Rabesandratana has published "The Seer of Science Publishing" in a special issue of Science on "Communication in Science: Pressures and Predators".
Here's an excerpt:
"Nobody reads journals," says science publisher Vitek Tracz, who has made a fortune from journals. "People read papers." Tracz sees a grim future for what has been the mainstay of scientific communication, the peer-reviewed print journal.