Home 5 News 5 Salt Publishing Saved From Bankruptcy by Calling on Readers to Buy ‘One Book Only’

Salt Publishing Saved From Bankruptcy by Calling on Readers to Buy ‘One Book Only’

by | Jun 27, 2018 | News

Nasher

 

Christopher Hamilton-Emery has come up with an innovative idea to save the British publishing house he founded in 1999 from serious financial trouble by asking loyal readers to buy one book from their online store as a contribution to paying the company’s debts amounting to around £10,000.

Salt Publishing released around 80 titles a year, but recent sales dropped to just 19 books. Since the call to action, Hamilton-Emery has raised £7,500 in just a few weeks, allowing the publisher to get back on track and regain his lost share in a highly competitive market.

Recent News

05Dec
Anagrama’s Herralde Prize Awards Youngest and Seasoned Authors

Anagrama’s Herralde Prize Awards Youngest and Seasoned Authors

For the first time in over a decade, Anagrama’s Herralde Prize has recognized two authors in a single year. Xita Rubert, 28, becomes the youngest winner in the award’s history, while 62-year-old Cynthia Rimsky adds this prestigious accolade to her long literary career. Rubert, raised between Barcelona and Galicia, is pursuing a PhD at Princeton […]

04Dec
Corvus to Launch Novel Co-Created with TikTok Users

Corvus to Launch Novel Co-Created with TikTok Users

Corvus, part of Atlantic Books, is to publish a debut novel by BookTok creator Lamia Zain that will be written with help from members of the TikTok community.   Corvus editor Rachel Imrie acquired world all-language rights to Zain’s as-yet-untitled novel, working in close collaboration with senior marketing executive Sophie Walker, directly from the author. […]

28Nov
The Digital Shift: How AI is Reshaping Publishing

The Digital Shift: How AI is Reshaping Publishing

The publishing industry is buzzing with news of AI start-ups, social media companies entering traditional publishing and traditional houses entering the AI space.  It is like a digital wild West with seemingly every few days bringing a new announcement.   Among the latest is the arrival of Spines which told the Bookseller that it aims […]

Related Posts

Corvus to Launch Novel Co-Created with TikTok Users

Corvus to Launch Novel Co-Created with TikTok Users

Corvus, part of Atlantic Books, is to publish a debut novel by BookTok creator Lamia Zain that will be written with help from members of the TikTok community.   Corvus editor Rachel Imrie acquired world all-language rights to Zain’s as-yet-untitled novel, working in...

The Digital Shift: How AI is Reshaping Publishing

The Digital Shift: How AI is Reshaping Publishing

The publishing industry is buzzing with news of AI start-ups, social media companies entering traditional publishing and traditional houses entering the AI space.  It is like a digital wild West with seemingly every few days bringing a new announcement.   Among the...

Jon Fosse Prize: Norway’s Tribute to Translators

Jon Fosse Prize: Norway’s Tribute to Translators

Norway has unveiled the Jon Fosse Prize for Translators, one of Europe’s most highly endowed awards for literary translation, aiming to highlight a profession often overlooked and increasingly challenged by machine translation.   Named after Jon Fosse, the acclaimed...

Previous Next
Close
Test Caption
Test Description goes like this

Pin It on Pinterest