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February 29, 2016By Michael Cader

Samhain Publishing “Winding Down”

February 29, 2016By Michael Cader

Samhain Publishing announced to authors via email on Friday that the digital publisher is “beginning the process of winding down due to our market share’s continuing decline. We’re approaching the point where we cannot sustain our business.” Christina Brashear adds, “We prefer to go out gracefully and not get to the point where our overhead compromises our ability to pay the authors’ royalties. That’s would just be wrong. We want to stay on the high road and keep your respect.” Samhain says their objective is an orderly shrinking of operations, underscoring that, “We are going to continue on with selling our […]

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Filed Under: eNews, Finance, Financing/Start-Ups

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