From Writer Beware:
Troubled publisher Torquere Press is closing. Owners Kristi Boulware and Joanna Talbot announced their decision yesterday in an email that will doubtless infuriate many authors, but probably won’t surprise them:
We have thought long and hard about where things are with Torquere and made the very hard decision that we need to begin the process of closing this chapter of our lives….We have done everything we could to turn things around but with the saturation in the industry, the financial hardships we are in, my health in constant decline along with the negativity we have had hurdled our way. We feel like we are currently fighting an uphill battle.
Trouble at Torquere (which had been in business since 2003 with no problems) surfaced in early 2016, a little more than a year after Boulware and Talbot took it over. Reports of royalty payment problems began to proliferate, even as Torquere participated in Twitter pitch contests to find new manuscripts. During the summer, Boulware was arrested on a hot check charge, allegedly after payment to one author bounced. In November, communication stopped completely, with neither Boulware nor Talbot answering authors’ emails or responding to Facebook messages. Ominously, both co-owners removed “Torquere” from their Twitter handles and bios.
Link to the rest at Writer Beware and thanks to A. for the tip.