Bad news in the world of ebook publishing. Just got the news that Quartet Press has disbanded. I have no idea what happened, and we might never know, but pay no attention to my reissue release dates in the left column. Very sad, because I know everyone at Quartet Press put in a tremendous amount of work and effort into building what they'd hoped would be a quality ebook publishing house.
GOODBYE FROM QUARTET PRESS
update: PW article. I suspected it was a shaky business model. I worried that they'd created too many paying positions before the launch:
I strongly suspect the editorial department killed them.
Here's my idea for a startup:
Begin with reissues only. In that way you completely eliminate the need for an expensive editorial department. Maintain rights one year, two years max, with option to renew. Pay writer 40 - 50%. Build business, then release a couple of amazing new titles that everybody is going to be talking about. Hire outside freelance editors and copy editors.