And another one bites the dust.
All Romance e-Books is closing down as of Dec. 31, 2016. That was Lori James site which, I believe, has been around since 2006. 5 days ago they sent out a letter soliciting advertising and now they sent out a letter telling existing authors that they'll offer 10 cents on the dollar for monies owed.
10 cents on the dollar.
The letter asked that authors accept getting fucked over so that All Romance doesn't have to go into bankruptcy.
A lot of pissed off authors out there. I took my books off years ago since I never made any money and their porn titles were always front page. And I do mean porn, not erotica. Lots of step-daddy/daughter porn and stuff like that. I felt dirty looking at them.
It will be interesting to see what happens. It seems that authors are getting butt fucked every time they turn around nowadays.
Not a pretty picture out there.