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Thread: Panoma Press (formerly Ecademy Press)

  1. #1
    Such a nasty woman SuperModerator Old Hack's Avatar
    Join Date
    Jun 2005
    In chaos

    Panoma Press (formerly Ecademy Press)

    Ecademy Press advertises itself with the lines, "No Hype, No Gimmicks, Great Books".

    Its packages start at a stonking 2,095 (plus VAT at 20%).

    What say you all?

  2. #2
    but appreciated anyway... Unimportant's Avatar
    Join Date
    May 2005
    I say -- wait, I'm not allowed to use that kind of language on a public board.

    They're up front about what they do, but their prices are astronomically high.

  3. #3
    Such a nasty woman SuperModerator Old Hack's Avatar
    Join Date
    Jun 2005
    In chaos
    And I can't see anything they do for writers which writers can't do for themselves. One way or another. And usually, for a much better price.

  4. #4
    Tired and Disillusioned Momento Mori's Avatar
    Join Date
    Sep 2006
    Here and there
    The good news is that it's a registered English company.

    The bad news is that it's listed as a small company, which means that it meets at least two of the following conditions:

    annual turnover must be not more than 6.5 million;
    the balance sheet total must be not more than 3.26 million; and/or
    the average number of employees must be not more than 50.

    That means it's not capital rich, which is a problem as publishing is capital intensive (which is probably why the buggers want 2 grand of your money up front).

    Then there's the fact that its share capital is apparently only 1. That means that if the company goes bust, the owners only lose a quid. It's particularly interesting because this came about after the company did a share buy back last year so the share capital would have been higher at some point.

    The company looks to have been going since 2005 and it looks like it's a one officer company - Mindy Gibbens-Klein being the only name that's listed as current on Companies House.

    Registered address looks to be a residential address (owner's apparently paid 345,000 in 2007). Also registered (or listed) as being a business at that address is this one:

    Coincidentally, it's also run by Mindy Gibbens-Klein and has a pitch remarkably similar to that of Ecademy Press.

    There's also a property development company called Property Services and Development Limited registered to the same address, the only named director I could find on Companies House being Philip Gibbens-Klein.

    Nothing wrong with a husband and wife running different businesses from home, but you have to ask whether it's good for authors.


  5. #5
    Mostly Harmless SuperModerator CaoPaux's Avatar
    Join Date
    Feb 2005
    Coastal Desert
    Is now Panoma Press:

    Censorship always defeats its own purpose, for it creates in the end the kind of society that is incapable of exercising real discretion. -- Henry Steele Commager
    Achievers strive for excellence. Perfectionists drive themselves to extinction. -- A Grapple A Day
    I've never known any trouble that an hour's reading didn't assuage. -- Charles DeSecondat

    II 2016: 2017:


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