From Publishers Weekly:
An email sent by Ingram Publisher Services to former clients of the shuttered SPD Press Distribution is causing more panic in the independent publishing community. The email directs publishers to fill out a form by April 17, providing Ingram with instructions about where to send their titles—at the presses’ own cost. But what has publishers most anxious is Ingram’s plan to “recycle” any inventory remaining at the Ingram warehouse after 60 days.
Given the current state of confusion and uncertainty about future distribution arrangements, some publishers worry that two months isn’t nearly enough time to complete the process of finding a new home for their titles. Others on social media pointed out that some of the 300,000 books that were at the SPD warehouse likely belong to publishers that are no longer operating, and, without anyone around to claim them, will simply be destroyed.
The email also notified publishers that with the closure of SPD, Ingram’s warehouse and fulfillment agreement with the distributor has ended and that Ingram has stopped fulfilling orders. This puts publishers in a lose-lose situation: on the one hand, filling orders with no clear path for retailers to pay suppliers is a losing proposition; on the other, no new orders coming in means no cash flow.
The IPS email also says that Ingram will continue to process returns from the Ingram wholesale business for all titles associated with SPD for six months. After that point, all returns will be recycled “unless agreed otherwise.”
Responding to the urgency of the distribution question, Independent Publishers Group will participate in a webinar hosted by the Community of Literary Magazines and Presses on April 8 at 3:00 p.m. EDT, in order to provide information about its different services. CLMP is inviting all presses with at least $10,000 in annual sales and an ongoing publishing program to attend. On April 9, IPG will host its own online open house at 3:00 p.m. EDT.
Link to the rest at Publishers Weekly