Diamond Bankruptcy Moves to Chapter 7- Publishers Weekly

Mom said be good. That means take a nap. 

Before leaving the Publishers Weekly site Panzer found this post about the Diamond Comic Distribution bankruptcy.

 

According to Jim Milliot's post, Diamond is changing from a Chapter 11 to Chapter 7 bankruptcy. The post includes links to other information about the Chapter 11 bankruptcy.

 

Panzer says, "This little kitty thought they would change it."

 

Note:This is a short post. You won't need a snack.

 

To read the post tootle over to Diamond Bankruptcy 

Boundless Shutters After Failing to Rescue Unbound - Publishers Daily

It's a big mess.

Today at the Publishers Daily Panzer found a post about Boundless going out of business.

 

According to Ed Nawotka's post, Boundless' CEO announced the business' liquidation. Creditors will not receive any payments.

 

Panzer says, "You'll have to read the post yourself to understand what happened."

 

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

 

To read the post tootle over to Boundless Publishing 

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