Small Press Distribution (SPD), which distributed for indie publishers since 1969, announced on Thursday that it has shuttered, citing “the challenges of a rapidly changing book industry and funding environment.” The staff has been reduced to a “minimal team,” which is winding down operations. They write, “Several years of declining sales and the loss of grant support from almost every institution that annually supported SPD have combined to squeeze our budget beyond the breaking point. SPD lost hundreds of thousands in grants in the past few years as funders moved away from supporting the arts. The tireless efforts of a […]
