Well, I don't know about that, Alec. They flew pretty close to the vanity-publishing flame -- in fact to within an inch. And Poetry Now might just be the most dire publication I've ever seen. On the other hand it made some people happy, and I've no problem with that, especially if it means they stayed there and didn't submit here....
I would like to know what went wrong there though, as they seemed to have a solid little business (£5 million p.a. turnover, quite a bit of which may have come from the printing business). The only news is that they were insolvent and were going through a "creditors voluntary liquidation", which I believe means that someone to whom they owed money made a final demand which Forward couldn't meet and has then been put into receivership.
I do wonder what will happen to the Forward Prize, though. If it goes, there'll be a big hole.
Tony
On 26 Nov 2010, at 11:23, Alec Newman wrote:
this is a major loss. they had an excellent set up. i thought they were in a good position to ride out the storm too. looks grim for the rest of us.
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