Dabel Brothers Sued By Distributor

ICv2.com has a succinct report up that last Friday the distributor Publisher Services International sued the publisher and packager Dabel Brothers Publishing (aka Roaring Studios). At issue was the bulk of a $45,000 advance PSI sent Dabel Bros. when they two were in negotiations for PSI to become the company's exclusive distributor. Dabel Bros eventually signed with Del Rey. The Dabel Bros. representative contacted by ICv2.com indicated that there is money yet to be paid although they claim that arrangements were in place for this to be done.

I think what's slightly alarming from an industry standpoint is that this money seems to have gone into the publisher's coffers rather than being held in a way where it could be instantly repaid, indicating some financial shortages at the company, or at least the one-time existence of one combined with a lack of flushness now. Kind of like if you loaned a family member money to buy a car and they ended up getting a bank loan but they still couldn't pay you your money back right away.

In a related story -- related in a "publisher that seems to be having fundamental money issues in a way that may or may not surprise you" way, anyway -- a winner of a Platinum Studios to publish and represent one's comic book has announced he will be suspending publication due to unspecified money problems with Platinum.
 
posted 8:21 am PST | Permalink
 

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