Silk's Vault Publishing

[AnneMarble]

Has anyone seen the reports of alleged nonpayment of royalties involving e-publisher Silk's Vault? In the past, I know there has been a lot of controversy involving Silk's Vault, including allegations and counter-allegations on Piers Anthony's Internet Publishing page. Much more recently, Emily Veinglory posted about this and other publisher issues on the Erotic Romance blog (including problems with Mardi Gras). The allegations about Silk's Vault have hit the Dear Author blog, so I expect the controversy will grow.

Whatever comes out, this whole mess is a reminder to authors to research any publisher thoroughly, make friends with lots of authors so that you can hear all the rumors , and be very very careful when publishing with one of the smaller e-publishers. (Or some of the larger ones.)

 

[BarbaraSheridan]

And this is why I think it's so important for any new companies to put up a detailed "About Us" page letting authors know who is behind the company and what business/publishing experience they have.

 

[veinglory]

Quite. I looks like Mardi Gras will be the next to go under--potentially by the 'simply vanishing' method rather than any formal process. Another reason to sign contracts with named persons is that you can track them down much easier should they going into hiding.

 

[Jersey Chick]

I just read on another loop that Mardi Gras is closing - the poster is/was one of their authors.

 

[James D. Macdonald]

And, above all, make very sure that the contract includes a good reversion clause.

 

[AnneMarble]

I just read on another loop that Mardi Gras is closing - the poster is/was one of their authors.

Is there a link for that yet? That should probably be added to the Mardi Gras thread.

Sigh, there goes another one.

 

[CaoPaux]

Adding link: http://www.silksvault.com/

 

[ceelee]

I was browsing through RT Book Reviews and saw that Silks Vault is listed as attending the RT convention. (Also saw it listed on the RT con website. )

SV website's still looks the same. Anyone know what's up? Thought that e-pub was a dead duck.

 

[CaoPaux]

The last activity on their various social pages (e.g. http://silksvault.ning.com/) is January. Could very well be they applied for the convention before they went down.

 

[mscelina]

The website says it's down for construction. I seriously doubt that anyone from SV would be silly enough to show up at RT--unless they bring their checkbook.

 

[ceelee]

I thought their website had been down for a long time. From what I read about that debacle, I'd be nervous about showing myself at a romance con if I ran Silks Vault! Anyway, just curious. Thx.