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#1 | ||||||
Bookaholic
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All Romance eBooks / OmniLit to close on 12/31/16
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https://www.allromanceebooks.com/ EDIT: Some publishers are offering to honor pre-orders (which ARe pre-charged for) directly... Dreamspinner Press Quote:
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Last edited by AnemicOak; 12-28-2016 at 11:10 PM. |
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#2 |
monkey on the fringe
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Wow! lots of notice
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#3 |
Bookaholic
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#4 | ||
Bookaholic
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Looks like they aren't paying authors what they owe them either, at least that's what some Facebook posts are accusing them of...
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#5 |
Grand Sorcerer
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Location: UK
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They are offering authors 10 cents to the dollar for all fourth quarter royalties or they will file for bankruptcy, the email was posted on Facebook. Its despicable.
I have over 450 ebooks with them. They are closing in three days. I should have them all in calibre but i don't have time to check and unfortunately I have a discrepancy between my are folder and the number of books they say I have purchased. I'm probably not going to try and do a tickback, i don't have the energy. It's a mess and this is the 8th retailer/publisher i've bought with who've done this. |
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#6 |
Grand Sorcerer
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They have also frozen any customer credits and are not refunding any money so god knows what happens for pre orders they have taken money for. This is part of the reason why Amazon have no competition, no one trusts publishers/ebook sellers any more.
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#7 |
Bookaholic
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Apparently they had also announced that they'd pre-sold all of the 2017 ad space (which is pretty pricey I guess) on their website too. Wonder what'll happen with that.
Last edited by AnemicOak; 12-28-2016 at 04:05 PM. |
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#8 |
Grand Sorcerer
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No doubt its money no one will ever see. They are stealing as much as they can before they declare bankruptcy. I can't see them not doing that.
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#9 |
Bookaholic
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The full letter to authors/publishers can be read here for anyone interested...
http://karenknowsbest.com/2016/12/28...ks-is-closing/ |
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#10 | |
Treasure Seeker
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Quote:
Sent from my XT1528 |
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#11 | |
Sith Wannabe
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Quote:
I still maintain, if they approached all their decisions with the forethought and common sense they are showing with this one, there is no wonder they weren't able to stay in business. |
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#12 | |
Grand Sorcerer
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Quote:
They are taking every penny they can. My Facebook is full of pissed off and angry authors and customers. Plus they shut down the site on Saturday night, consequently it is slow, hanging and crashing as authors rush to deactivate books and readers try to download books. |
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#13 | |
Grand Sorcerer
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Quote:
Too many publishers have shut in the last few years leaving authors high and dry and taking all the money, plus with the Eloras Cave mess ongoing it's surprising we actually have any authors willing to write and sell ebooks any more. I can see a future of only Amazon and only KU, it's a frightening future. |
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#14 |
Sith Wannabe
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Further fun fact:
Your wishlist on ARe is about to become null and void, if it isn't, already. I used mine extensively, but two thirds of it has gone missing. I can only assume that the authors have removed their books from the site, and by extension, from my wishlist. This would annoy me if I had not seen the comments on the ARe Facebook page. Now, I wish these authors all the best. |
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#15 | |
Sith Wannabe
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Quote:
With the exception, of course, of any alternatives that associate with Lori James of ARe. |
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