Monday, February 23, 2015

Another Sad Day for Publishing


As some already know, the loss of another small publishing house was announced on Friday. The closing of Musa Publishing on February 28th brings sadness to my heart. Not only because they have quite a few of my novellas, but I’m sad for the people behind the creation of a publisher that worked to treat authors fairly. They paid on time and always ready to answer questions or direct one where they might find the answer.

Now, they are stepping up to accept the fact they can’t continue with the decline of sales the past few month. This was a publisher who started on a shoestring budget and the directors concluded the string has frayed. Instead of continuing to go forward and start holding back author royalties as so many publishers have before they cried “uncle,” Musa is once again showing dignity.

After February 28, 2015, Musa will no longer sell books and letters will go out to their authors returning all rights. Then, the directors will keep the bookkeeping open until all royalties from 3rd party vendors have come in and authors have received any monies due to them.

Class act, ladies! But, then you always have been in my dealings with each of you.

For readers, this is a good time to snap up on great deals and explore new authors. All books are 80% off through 11:59 EST February, 28th.

If you enjoy fantasy/paranormal with humor, check out the DEAD collection…all 6 books in the series can be purchased for $1.00 on the Musa site.


 
 
 
Between now and the 28th, I need decide what I want to do with the rights...seek another publisher, self-publish, or let these books set for awhile. And with the DEAD series, should I combine them into a set instead of individually publishing. So over the next few days I'll be doing lots of thinking :)
 
 
Have you ever been faced with a decision that you took time to consider the options, or do you go for it when an idea occurs?


11 comments:

Sloane Taylor said...

Wonderful post, Lizzie.

Helen Hardt said...

Sad, yes, but they're going out gracefully and with dignity, as you said. I'll miss Musa, but will be sure to keep in touch with everyone there.

Sharon Ledwith said...

Great tribute to a great publisher, Lizzie! And I agree...Musa Publishing is a class act, and will be missed! Cheers!

Lizzie said...

Thank you, Sloane, Helen and Sharon. They will be missed.

Brita Addams said...

Well said, Lizzie. Musa is classy.

Vonnie said...

Thanks for this, Lizzie. I shall just jump in the deep end and swim like Hell.

Lizzie said...

Agree, Brita!

You go Vonnie!

Eleni Konstantine said...

Definitely a sad day for publishing and for a class act!

susanlodgebooks said...

Hey Lizzie, excellent but poignant post. Musa taught me a lot. Will be in touch.

Susan

Huntress said...

Ditto!!

Lizzie said...

Eleni, Susan & Huntress. We all learned a lot.

And yes, Susan...we will stay in touch. I'll be in London again this year :)