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August 30, 2012By Sarah Weinman

As Expected, Amazon Acquires Bulk of Dorchester Backlist

August 30, 2012By Sarah Weinman

On August 28 Amazon Publishing formally acquired the rights to more than 1000 titles published by Dorchester Publishing, ending the drawn-out saga of the mass market publisher’s longstanding financial troubles. Amazon had originally signaled its intentions to buy out contracts still under the banner of Dorchester Books (which owed nearly $3 million to owner John Backe) in a notice of disposition filed on June 27. There were no other bids. As part of the deal Dorchester authors were offered the opportunity to join Amazon Publishing and receive the full back royalties that Dorchester indicated were owed. Any authors who elected […]

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Filed Under: Finance

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