What happened with the OGL 1.1?

The OGL 1.1 is the update to 2000’s OGL 1.0. It expanded the relatively simple and straightforward document into a massive legal license. The OGL 1.1 was supposed to go live on January 4, but was delayed for undisclosed reasons. The next day, Gizmodo reported that the new OGL 1.1 went back on a lot of the protections, grants, and considerations that were given in the OGL 1.0, and would require revenue reporting, and payment of royalties to WOTC. Fans, content creators, and third party publishers flipped out. This new OGL was not open at all.
The tabletop roleplaying community’s biggest complaints about the OGL 1.1 were that Wizards of the Coast wanted to “deauthorize” the original OGL, the royalty percentage was excessive, there was sub-licensing language that would give Wizards of the Coast nearly complete control of the content produced under the OGL, and the commercial license was restricted to only PDFs and printed materials.