Most small publishers stop running within two years. Which is not surprising, when you consider that the large publishers make a loss on the vast majority of the books they produce. It’s the occasional bestseller keeping everyone afloat. People just don’t read enough books.
With that reality, small publishers deserve more credit rather than less. They know they’re probably going to fail. In my experience, publishers are greater dreamers than writers—writing, after all, costs very little.
Satalyte Publishing accepted my novel “Stormhunter” some time ago, but ultimately has just decided to close their doors. It’s not an easy choice, but I became friends with the couple running the show, and I’m glad they were smart enough to step away from their beautiful dream before it became a nightmare.
So, the fate of “Stormhunter” is once more a blank. It certainly eased my concern that I have SO much paid writing work to do already, and that “Heart of Brass” is safely published and in the hands of readers all around the world.
Despite an unfortunate end to our professional relationship, I have gained several good friends and quite a bit of useful knowledge from my journey with Satalyte. The publishing house is no more, but those friendships will last forever—and all the more because of a shared experience of grief.
Like many small publishers, Satalyte deliberately published the kind of books that are excellent, but not considered “marketable”. They made publishing better forever, and I’m grateful to them as both reader and friend.