Industry News ~ Triskelion Publishing closing it’s doors
Well, the authors of Triskelion Publishing were notified today that Triskelion Publishing will be closing it’s doors on July 2nd. They will be filing Chapter 7 bankruptcy at that time.
For all my fellow authors out there who are dealing with this issue, my thoughts go out to you.
So, in deference to this upsetting news, this week’s discussion topic is:
Do you think Triskelion’s decision to close it’s doors will effect other small publishers? And if so, how? And what piece of advice would you give the authors and editors at Triskelion?
I know the awful, sinking feeling of having a publisher fold beneath you. It’s happened to me twice now. All I can say to the authors is check with your agent or an attorney ASAP to find out about revision of rights.
As far as other small houses, I don’t have a clue as to how solvent they are. This shouldn’t affect them, though it may make some bookstores and distributors even more leery of carrying small press stock.
This is no doubt a time of HUGE frustration and anxiety for all T’s authors and employees. We all feel compelled to give the usual “chin up & plod on” speech, which is true enough, but not very helpful right now.
I think Darlene gave the best advice – immediately find out about your rights. And while you’re doing that, you should feel free to find comfort in that family-sized bag of chocolate chips, or that jumbo bag of Lays. We’re all hoping the Trisk authors find new homes for their books, and we’re sure they will.
Laura
As a victim of Trisk filing for Chapter 7, I’d like to say that I don’t believe it should change a person’s decision about going for a small publisher. Ok, I’m sick about my rights, but that small house gave me a book in a brick and mortar house with my name on it. It also put my name in front of bigger houses and taught me about marketing, etc. I now have awards and tons of rave reviews to send off to those big print houses and a mailing list that is so huge I had to hire a service to handle it. Do I regret going with Triskelion? No. Might I have done all this eventually? Sure, but I might still be waiting for that day! LOL Big houses can fold just as easily. I feel for the new authors who never saw their first books on the Trisk site or in stores. Now those books are going to be held up in bankruptcy court for a year or more. My contracts state that bankruptcy reverts rights back to me. It also states that it is terminated if the publisher has no intention of selling it in the future for whatever reason. And so, those books are mine. One can only hope the trustee agrees.
Thanks for the kind words here, btw.
Doreen Orsini
Good luck, Doreen. I hope this opens many new doors for you.