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Thread: Panoma Press (formerly Ecademy Press)

  1. #1
    Such a nasty woman SuperModerator Old Hack's Avatar
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    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
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    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
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    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
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    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:

    http://www.bookmidwife.com/

    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.

    MM

  5. #5
    Mostly Harmless SuperModerator CaoPaux's Avatar
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    Is now Panoma Press: http://www.panomapress.com/
    ICAO
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    I've never known any trouble that an hour's reading didn't assuage. -- Charles DeSecondat

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