[rrmm]

The authors give the rights over to journal when they submit the paper. The authors depend on publishing in high impact-factor journals for tenure and continued funding.

Not all academics support it and several groups have opted out, publishing in open access only or organizing their own journals and conferences.

[zentiggr]

I can see a possible future where only a few holdouts rely on 'prestige' as a decision criteria, while a majority of academic fields/groups have switched to open access... and the former get only more and more vocal about the decline of science, or some screeching point.