I am not sure if this would be the right section to post this, but since it is about issues in the publishing world that might effect writers, I thought it would be appropriate.
PGW is a distributor for small presses "The bankruptcy hit these small presses at the worst possible time -- when Publishers Group West was holding onto its sales revenues from the three months before Christmas, its most profitable time of the year."
(from the SF chronicle)
"Bay Area small publishers like McSweeney's, Berrett-Koehler and Parallax Press don't typically print melodramatic cliff-hangers. But this month, they've been living one.
More than 130 independent publishers across the country were hurled into financial crisis on Dec. 29 with the bankruptcy of the parent company of Publishers Group West, the Berkeley firm that distributes books from much of the small press world."
It is an interesting article about the business side of small publishers. The article in the paper had a chart that showed how the buinsess operated, but I can't find it on the website.