It appears to basically be a self-publishing outfit (on the basis that I can find no reference to authors being paid an advance, only aproportion of royalties), but slapped across its pages is the following:
Schiel & Denver Website:
In the current political climate, our editors wish to stress explicitly to the industry that we are not a "vanity", "subsidy", "author-originated" or "self publishing" house. We do not take any money from writers we represent and publish. We are a first class "no fee" commercial publishing house, offering a genuine international service for authors worthy of international publication, solely on the basis of literary merit.
They're also aiming their services at an international audience and take pride in repeating that they will publish books in the 6 official UN translation languages. For a UK-based company, they're promoting the availability of books at US-based stores - i.e. Barnes & Noble and although they claim to make available in bricks and mortar stores, it could be suggested that this is in fact more likely to mean available to order through bricks and mortar stores.
They've put up a news story saying they've engaged Harbottle & Lewis as legal counsel - they're a reputable law firm with solid publishing experience, so the fact that they're serious about getting their structures organised is a good sign.
The company is a start up (incorporated April this year) and only has a handful of books listed on its website as being available to purchase. The company details claim experience in book marketing etc, but I can't find any details about the key people in the company or what their experience in the industry is. Disturbingly, they talk about trying to get reviews in the New York Times and other papers/journals, which (though not impossible) is likely to be difficult for a brand new start-up.
Books listed for sale at the moment are pretty expensive for a UK paperback - cheapest is £8.99 (pricey for a book that's apparently under 300 pages) and most seem to be around £9.99 for upwards of 300 pages.
Some of the packages seem a little weird to me - particularly the Mom-Royalties Programme, which left me scratching my head. I'm also bemused by the fact that they appear interested in marketing to agents, but without paying an advance I'm not sure what the advantage to an agent is of submitting books there.
Royalties on the 'Fair To Writer's Program' and 'EducatorAdvance' are listed as:
10% on the first 2000 copies
12.5% on next 8000 copies
14% on sales over 10000 copies.
It seems to me that this is actually more disadvantageous than that offered by commercial publishers and some other outright self-publishing, POD operations. I'd query how many authors will make it over 2000 sales without an actual presence in stores.
Royalties on Mom-Royalties Program are:
12.5% on the first 2000 copies
14% on next 8000 copies
16% on sales over 10000 copies.
Again - not that much more favourable than what a commercial/other self publishing/POD operator would give you.
Personally,
Dmack, I'd explore UK based literary agents and established commercial publishing houses first. If you want to self-publish, then take a look at Lulu and see if their terms are more favourable than this. At the very least, give this company a year to see what they do and how they're practicing.
MM