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September 25, 2024By Erin Somers

Distributor Bankruptcy Leaves Verso Owed £1 Million

September 25, 2024By Erin Somers

Following the bankruptcy of distributor Marston Book Services and its parent company United Independent Distributors, publisher Verso posted online that Marston owes the publisher £1 million in book sales dating back to January, which they are unlikely to recover. The company has launched a Kickstarter campaign to cover some of the loss. They write, “Marston suspended shipping our books at the end of July, having laid off most of its staff, effectively severing Verso’s access to the UK market. Though Verso invested significantly in acquiring, editing, printing, and marketing books it published in the first half of 2024, it has […]

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Filed Under: Bankruptcy, Distribution

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