So Long, Raincoast Books
UPDATE: Here is the official press release.
Raincoast Books, one of Canada’s best (and greenest) publishers, announced yesterday that they are departing from the publishing business. The full story is at CBC.
Best known for publishing the Canadian editions of the Harry Potter series (the only books they will continue to publish), they were a home to a number of authors including George Bowering, Roy Miki, Nick Bantock, and Bill Gaston. Nice people + nice books = Raincoast will be missed.
Comments
This is such a bummer. I still don’t understand how the money from the most success book ever published wasn’t able to pull them from the red though – and didn’t they receive a fairly healthy grant as well? I know funding is pretty slim these days, but it’s sad to see them fold like this, especially since they were the major force on the west coast, and most of the other big houses are in Toronto. It was nice to have some diversity (not to downplay Quebec, east coast, or prairie publishers, or other west coast publishers).
Still a bit of a strange situation though.
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