This week, Booktrope—a hybrid publisher that’s published almost 1000 books—has announced it has closed. This follows a number of publisher closings: Samhain, Musa Press, McArthur & Company, and Egmont USA, to name a few.
If your publisher closes -- don't panic.
Yes, it's sad your book(s) will come down off vendors and no longer be for sale. You'd be within your rights to have a pint of ice cream and a big ol' pity party.
Now, shake it off because you're still way ahead of the game.
1) You know your book is good and you're a good writer -- otherwise the publisher wouldn't have accepted it.
2) Your novel has gone through content editing, copy editing, and proofing and come out the other end a much more professional work.
3) You have the choice of finding another publisher or self-publishing. Freedom!
First--IMPORTANT!--write a letter to Amazon to inform them your publisher is closing and your book will be removed from sale. Tell them how many reviews are on your book's page and that you intend to re-publish and ask them to save the reviews for you. They can and will do that for authors. Contact Amazon at: https://authorcentral.amazon.com/gp/help/contact-us
Your book will stay up on Goodreads and so will its reviews.
Now you have some breathing space to research other publishers or, in case you decide to self-pub, research costs of a cover, an ISBN number, and a formatter.
And remember -- there are plenty of authors in this community who'll help you in any way they can. All you have to do is ask.
This is a post for the Insecure Writer's Support Group, the brainchild of Alex J. Cavanaugh. It exists so the community of blogging writers can share and support each other, blog-hopping to cheerlead and commiserate. To find out more, visit: Insecure Writer's Support Group. Plus, check out the IWSG Website for lots of helpful info and links.