posted Monday 3 June 2013 @ 1:43 pm PDT
Skyhorse Publishing and Start Publishing’s deal to acquire Night Shade Books has been finalized. We previously reported on the negotiations, which sparked a debate among authors and industry professionals over the terms of the deal and included an open letter from Night Shade co-owner Jeremy Lassen.
The text of the press release follows:
Skyhorse Publishing, Inc. and Start Publishing are pleased to announce the acquisition of Night Shade Books, an award-winning independent publishing house dedicated to science fiction, fantasy, and horror.
Founded by Jason Williams in 1997, who was joined by partner Jeremy Lassen shortly after, Night Shade Books has over 250 titles in its catalog, including some renowned genre fiction—written by multiple nominees and winners of Shirley Jackson, Bram Stoker, World Fantasy, Nebula, and Hugo awards. In 2003, Night Shade Books won the World Fantasy Special Award for Professional Achievement. Both Williams and Lassen will continue to be with Night Shade in a consulting capacity.
The agreement was reached following a spirited and public debate among authors, agents, fans, and publishers, which resulted in a deal approved by Night Shade’s authors. “This agreement brings together Night Shade’s distinctive editorial voice and Skyhorse’s business savvy and market reach, for the benefit of all involved, including authors and the great community of SF/F fans,” says Michael J. Martinez, author of The Daedalus Incident, slated to be the first title from the new Night Shade. “I’m honored that my first book will help kick off the next chapter in Night Shade’s ongoing story.”
“We’re absolutely thrilled to have added Night Shade to our various other imprints and look forward to working with Start Publishing to build it into the strong science fiction imprint that we feel confident it can become,” said Tony Lyons, Publisher of Skyhorse Publishing, Inc.
“Nightshade has been at the forefront of science fiction and fantasy for years. Start Publishing, alongside Skyhorse Publishing, welcomes the opportunity to provide Night Shade and its authors a platform to continue that tradition,” added Michael Maher, CEO of Start Media.
“I am very excited to have found a buyer that is such a good fit for Night Shade, one that will be able to take us further than I was able to on my own. I look forward to building up Night Shade into the powerhouse of science fiction and fantasy for years to come,” said Night Shade founder Jason Williams. Night Shade had net sales of roughly $1.5 million for the 2012 calendar year.
The fate of books by authors who did not sign the deal and assign their rights to Skyhorse/Start is not entirely clear, but we will continue to report as we learn new information.