San Francisco-based publisher of science fiction & fantasy Night Shade Books, which has been struggling financially for several years, indicated in a letter to authors and agents earlier this week that the company plans to sell its assets to Skyhorse (as well as another entity, Start Publishing LLC.) The catch is that the sale cannot happen unless “a sufficient number of Night Shade authors agree to certain changes to their contracts.” Alternately, Night Shade will file for bankruptcy or liquidation proceedings. In the letter, Night Shade explains their financial difficulties were exacerbated by Borders’ liquidation, so much so that they […]
