Diamond Bankruptcy Hearing Heats Up - Publishers Weekly

It's an interesting court case.

Today, Panzer made a stop at the Publishers Weekly site. There he found a post about Diamond Comic Distributor's bankruptcy.

According to Jim Milliot's post, the publishers and vendors are still fighting Diamond's plans to sell their products without their permission. The post explains the bankruptcy case, the company's sale and the court decisions so far. The post contains links to other information about the bankruptcy.

 

Panzer says, "This little kitty would never agree to consignment sales without a lot of company investigation first."

 

Note: This is a short-medium length post. A small glass of lemonade will be enough for the post; but, if you plan to follow the links in the post, you'll need to decide what else to bring to snack on.

 

To read the post tootl3e over to Diamond Bankruptcy 

Publishers Await Answers on Inventory Tied Up in Diamond Bankruptcy - Publishers Daily

What do you think the court will decide?

Panzer stopped in at the Publishers Weekly site today. There with just a little digging in the posts he one about the Diamond Comic Distributors, Inc. bankruptcy.

 

Sam Spratford's post explains the problem publishers are having with Diamond's bankruptcy. Before Diamond's bankruptcy filing the company was accepting publishers' materials to sell on consignment. After filing for bankruptcy Diamond wants to sell the publishers' materials as part of the bankruptcy.

 

Panzer says, "This will be interesting to see what happens in court."

 

Note: This is a long medium length post. Bring a glass of ice tea and three chocolate chip cookies (biscuits) to snack on.

 

To read the post tootle over to Publishers and Diamond 

Bankruptcies of Unbounds & Albert Whitman Co Put Authors Between a Rock and a Hard Place - Writer Beware (R)

You need her to watch out for you.

Panzer made a stop at the Writer Beware (R) site where he found a post about the bankruptcies of two publishers.

 

Anyone who has had any dealings with either company needs to read Victoria Strauss' post. She gives all the details about each company's bankruptcy and includes links with more information.

 

Panzer says, "Even if you didn't have anything to do with either company you should still read the post to learn what to do in this situation.""

 

Note: This is a very long post. You'll need to decide what to bring to snack on while you read.

 

To read the post tootle over to Writer Beware 

Albert Whitman Files for Chapter 11 Bankruptcy - Publishers Weekly

This doesn't look good.

When Panzer stopped at the Publishers Weekly site today, he discovered some news about publisher Albert Whitman.

 

According to Claire Kirch's post, the 106 year old children's book publisher filed for bankruptcy. Included in the post are links to other information about the company, the creditors, and the bankruptcy.

 

Panzer says, "Authors who have contracts with the publisher are going to get pulled into this bankruptcy."

 

Note:This is a long post. You'll need to decide what to bring to snack on while you read.

 

To read the post tootle over to Albert Whitman Chapter 11 Bankruptcy

Will the Diamond Bankruptcy Change the Comics Business Forever? - Publishers Weekly

A bankruptcy is never a good thing.

Today, Panzer found a post at the Publishers Weekly Daily site about the Diamond bankruptcy. 

 

If you're a comic books or graphic novels lover, you probably already know Diamond Comics Distributor filed for bankruptcy in January. Heidi MacDonald's post has quotes from several comic publishers and bookstore owners about how they're planning to deal with the bankruptcy fallout. Diamond distributed not only comics and graphic novels, but toys, games and collectibles too. The post includes links to other information about the bankruptcy.

 

Panzer says, "Mom said a few years ago a magazine distributor went bankrupt and some magazines went bankrupt because the distributor didn't pay them their money."

 

Note: This is a very long, long post. You'll need to decide what to bring to snack on while you read.

 

To read the post tootle over to Diamond Comics Distributor Bankruptcy

Barnes & Noble is top bidder for Tattered Cover, Source says - BiusinessDen

What would they do with it?

Today, Panzer stopped in at the BusinessDen site* where he found a post about the Tattered Cover bookstore.

 

Justin Wingerter's post explains the bidding, the process and the bankruptcy of the Tattered Cover bookstore. The Tattered Cover is a long-time independent bookstore in Denver, Colorado. It appears one of the bidders is Barnes and Noble bookstores.

 

Panzer says, "This little kitty wants to know why a big company like Barnes and Noble is interested in one independent bookstore in Denver, Colorado?"

Note: This is a medium length post. Bring a cup of tea and a muffin for today's snack.

To read the post tootle over to Barnes and Noble

 

 

*A tip of the kitty fedora to Publishers Weekly for the original link to this post

Barnes & Noble's Owner Buys Paper Source - Publishers Weekly

 Today was a quick trip into the Catosphere for Panzer. He stopped in at the Publishers Weekly site where he found a post about Barnes and Noble.

 

According to Jim Milliot's post, Elliott Investment Management has purchased bankrupt Paper Source. Elliott Investment Management owns Barnes and Noble bookstores. Elliott plans to run the two companies separately; however, Barnes and Noble CEO James Daunt will oversee both companies.

 

Separate but equal? Right.

Panzer says, "Hmm ... Do you suppose Paper Source might start to carry books and ereaders?"

 

Note: This is a short post. Bring half a cup of tea for your reading enjoyment.

 

To read the post tootle over to Paper Source

 

 

Penguin Publishing to House Former F+W Titles - Publishers Weekly

Panzer made a quick stop at the Publishers Weekly site today. With a little digging in the posts our illustrious kitty explorer found one about Penguin Random House.

What will happen to the workers?

According to the Publishers Weekly post by Jim Milliot, Penguin Random House has acquired the Writer's Market books (as well as other book divisions) in the F+W Media bankruptcy. The company won't be offering jobs to any of F+W employees.

Panzer says, "At least now we know what's happening to the Writer's Market books."

Note: This is a short post. Bring a cup of tea for today's reading selection.

To read the post tootle over to Penguin Publishing

F+W Media To Present Winning Community Bids to Bankruptcy Court - Publishing Perspectives

Panzer decided to make a stop at the Publishing Perspectives site today. With just a little digging in the posts our inquisitive kitty boy found one about F+W's bankruptcy. Panzer told you about the bankruptcy news a few days ago.

According to Publishing Perspectives Editor-in-Chief Porter Anderson, F+W Media has presented the winning bids to the court for each of the company's online communities in its bankruptcy filing. One of the ten online communities is the Writing Community. The post includes a list of the winning and second highest bidders for each community. Also included is information about the winning bidders.

Does it include names and email addresses?

Panzer says, "Hmm ... This little kitty wants to know what the winning bidders are going to do with the community information."

Note: This is a medium-long post. Bring a cup of tea and two muffins for today's reading selection.

To read the post tootle over to F+W Media bankruptcy

To read Panzer's previous post about F+W Media tootle over to Penguin Random House

F+W Media Files Chapter 11, Will Sell Assets - Publishers Weekly

This is not good news.

Panzer was shaken awake from his afternoon nap by crying and shouting coming from the Catosphere. Hopping in to the Panzermobile our brave kitty headed out to see what had happened. Following all the noise took him to the Publishers Weekly site. With no digging at all he found a post about F+W Media.

According to Jim Milliot, F+W Media has filed Chapter 11 bankruptcy. To pay off creditors the company plans to form two sections. One will be its publishing section and the other will be its communities section. Each section will be sold separately, The company believes by doing this it can raise enough money to pay its creditors.

Panzer says,  "But what will happen to Writer's Digest magazine and the Writer's Market? And what about the quilting and beading communities Mom visits?"

Note: This is a long-medium length post. Bring a cup of tea and a muffin and a chocolate chip cookie (biscuit) for today's reading selection.

To read the post tootle over to F+W Media

Bookkeeper Gets Two Year Sentence for Scheme that Destroyed Donadio & Olson - Publishers Weekly

This afternoon Panzer was shaken awake from his nap by the sounds of crying and wailing coming from the Catosphere. Jumping into the Panzermobile, our brave kitty boy followed all the noise to the Publishers Weekly site. There with a little digging he discovered a post about the Donadio and Olson literary agency and the agency's former bookkeeper Darin Webb.

Should have been 20 years instead.

According to Andrew Albanese, Donaldio and Olson's former bookkeeper Darin Webb has been sentenced to 2 years in prison. Mr. Webb was convicted of embezzling $3.8 million from the literary agency. Because of his embezzlement the company was forced into bankruptcy. Several authors also were financially impacted by the crime.

Panzer says, "Hmm ... Two years for all that havoc?"

Note: This is a long post. Bring a cup of tea and two muffins for today's reading selection.

To read the post tootle over to Donadio and Olson

Medallion Press Files for Chapter 7 Bankruptcy - Publishers Weekly

Panzer was traveling around in the Catosphere when the Panzermobile was buffeted by crying and wailing. Following all the noise took our brave kitty to the Publishers Weekly site. There with no digging at all he discovered news about Medallion Press.

According to Jim Milliot, Medallion Press has filed for Chapter 7 Bankruptcy. The company's assets will now be sold to pay its creditors. Medallion Press was started in 2003 as a fiction publisher. The post has more information about the company's beginnings and recent business failings.

Author contracts are an asset, right?

Panzer says, "Hmm ... If you've published anything with Medallion Press, you better get your rights back before they get sold in the bankruptcy."

Note: This is a medium-length post. Bring a cup of hot chocolate and and a blueberry muffin for today's reading selection.

To read the post tootle over to Medallion Press

Freight authors agast as former publisher sets up new imprint - The Guardian

17 Day Until Christmas

Panzer had barely made it into the Catosphere when the Panzermobile was struck by a sound torpedo of crying and screaming. Following the noise trail took our brave kitty pilot to The Guardian site. There he found a post about Scotland's Freight Books.

The post by Alison Flood documents the demise of Freight Books. According to the post, the partnership between Adrian Searle and Davindor Samrai was dissolved in April when Mr. Searle left the company. By September the company was in financial straits and unable to pay its creditors, including authors. The company is currently shutdown and in liquidation. It appears the authors will never be paid. While authors are dealing with the realization they won't receive their royalties, former partner Adrian Searle opened another publishing company the day after the liquidation was announced.

Panzer says, "Hmm ... It just doesn't make sense to this little kitty."

Note: This is a medium length post. Bring a cup of tea and a muffin for today's reading selection.

To read the post, tootle over to Freight authors

The risks of avoiding Amazon: The All Romance E-Books bankruptcy - TeleRead

I really enjoyed the holidays.

Today, Panzer was planning on taking another vacation day, but he couldn't sleep through all the noise coming from the Catosphere. Following the sounds took our big bad kitty boy to the TeleRead site. There he found a post about the recent closing of All Romance E-Books.

According to the post by Chris Mathews, All Romance E-Books closure is leaving behind unpaid bills with authors and publishers who worked with them. The beginning of the post deals with the ARe closure with links to other posts about the closure and a bankruptcy. The second half of the post explores Amazon's impact on indie authors, publishers and All Romance E-Books and similar sites.

Panzer says, "This kitty is very happy he didn't have anything to do with All Romance E-Books."

Note: This is a v-e-r-y l-o-n-g post and even l-o-n-g-e-r if you follow all the links. Bring a thermos of hot cocoa, a dozen muffins and a sleeping bag for a nap half way through your reading today.

To read the post, tootle over to All Romance E-Books bankruptcy

Bankrupt Shipping Company Causing Woes for Publishers - PW (Publishers' Weekly)

Today's trip took Panzer to the Publishers Weekly site. With a little digging our intrepid kitty pilot found a post about some publisher problems with the Hanjin Shipping Company.

Ships make me sick.

According to a post by Calvin Reid, several publishing companies were using the now bankrupt Hanjin Shipping Company. Hanjin ships were being used to transport the finished print books of HarperCollins, St. Martin's and others from their foreign manufacturers to the United States. Deliveries of the books are either late or not at all. Cargo, including the books, is being seized by Hanjin's creditors. Some ships loaded with cargo are stranded at sea unable to stop at a port.

Panzer says, "Hmm ... This isn't a problem with ebooks."

Note: This is a longish short post. Bring a cup of tea and a muffin and a half for today's reading selection.

To read the post, tootle over to bankrupt shipping company