With only three days remaining of 2016 and with every faith we’d been through the worst the year could throw at us. The publishing industry experienced a huge blow when the news of All Romance eBooks ceasing its service as eBook distributor.
Accessing the website, authors and readers can find the news:
While I do not use All Romance eBooks to publish, I do have friends who are using this site to reach romance and erotica readers. For some, this is a source of their main income, below is the cold truth of just what this company are doing to its authors.
In an email sent to all authors and publishers using the site to publish and distribute their eBooks, the truth was revealed.
All Romance eBooks Email
To Whom It May Concern:
It is with great sadness I announce that we are winding down the operations of All Romance eBooks, LLC. For the first year since opening in 2006, we will be posting a loss. The financial forecast for 2017 isn’t hopeful and we’ve accepted that there is not a viable path forward.
We are grateful for the opportunity to have worked with you. On midnight, December 31, our sites will go dark and your content will cease to be available for sale through our platforms. This includes any content you are having us distribute to Apple. If you wish to inactivate your content sooner, you can do so by logging into your publisher portal.
We will be unable to remit Q4 2016 commissions in full and are proposing a settlement of 10 cents on the dollar (USD) for payments received through 27 December 2016. We also request the following conditions:
1. That you consider this negotiated settlement to be “paid in full”.
2. That no further legal action be taken with regards to the above referenced commissions owed.
If you are willing to accept the offered amount and the terms proposed, please hit the reply on this email keeping the history intact. Change the subject to “Publisher Settlement Acceptance” and copy/paste the acceptance statement below into your email, filling in the fields.
Upon receipt of the signed agreement, I will authorize payment of the settlement amount in full by 28 February 2016 via the method stipulated in your publisher account.
It is my sincere hope that we will be able to settle this account and avoid filing for bankruptcy, which would undoubtedly be a prolonged and costly process.
I appreciate that you may have questions. Unfortunately, we will be operating with limited staff as we prepare for closure. We will do our best to respond to the extent possible and will do so in the order received. Our priority over the next few weeks will be processing settlement requests. At this time, there is no additional information to share.
I thank you for your time and consideration in this matter.
Shady, Stealing, Scamming
Q4 runs – 1 October 2016 – 31 December 2016, meaning authors during this period of time are being stolen from by All Romance eBooks. This company have clearly forecast the closure of the company, as mentioned in the beginning of their email, they knew this was going to happen, yet days prior to this announcement they were STILL sending out and asking authors if they wanted to purchase advertising.
In this advertising email “blast” they state that “most of our 2017 sidebar ads have sold out”. What will happen to this money now that these authors will not get the service which they have most likely prepaid for? They also mention working with “monthly budgets from $50 – $1000” for social media advertising. While they don’t mention how much this advertising is, it cannot come cheap.
Unacceptable. Authors are being offered $0.10 on the $1 for royalties accrued in Q4. The three month period of time authors have perhaps amassed thousands of dollars in royalties, they’re now being offered 10% of what they had earned. For each $1,000 an author has earned on this website, they are being paid $100. If they have earned $100, they will be paid $10. They consider this a settlement, I consider this bullshit. This is disgusting behaviour.
They plea with their authors not to sue, they ask them not to make them go through with legal proceedings, advising that they don’t want to file for bankruptcy.
This company are not honouring their contracts with these authors, they’re ripping them off for thousands of dollars, scamming them out of their hard-earned money, and they KNEW it was going to happen all along.
This is seriously unprofessional on ARe’s behalf… but will they get away with it?
Writer Beware would like to hear from affected authors — firstname.lastname@example.org
What Do You Think Will Happen?