July 2, 2019Tuesday Update Hello from Elizabeth, Anne, and Lynn. Today’s update is short; we are available by email if you have questions. We continue to direct all our energies to creating a Dreamspinner that serves our authors and communities. We sent the majority of pending payments last week and Read More →
June 25, 2019Tuesday Update Hello from Elizabeth, Anne, and Lynn. Last week went very quickly. Anne, Ariel, Julianne, and Elizabeth met at Lynn’s house in Kentucky to work on details of our immediate priorities and long-term plans. Being a virtual company with relatively little overhead has worked well for Dreamspinner Read More →
June 18, 2019Tuesday Update Hello from Elizabeth, Anne, and Lynn. Thank you for continuing to work with us. We are prioritizing outstanding commitments to our authors and contractors, making payments each day as money comes in from vendors and from sales through the website. With end of month payments expected Read More →
June 11, 2019 Tuesday Update Hello from Elizabeth, Anne, and Lynn. As we receive daily deposits and vendor payments, all monies are going to fulfill outstanding commitments to our authors and contractors. Payments are being made each day. To finance the transition plans outlined in the past newsletter, Dreamspinner has Read More →
June 4, 2019 Hello from Elizabeth, Anne, and Lynn. We acknowledge Dreamspinner Press’s cash-flow challenge in finishing payments for 1Q2019 royalties and pending contractor invoices is causing a great deal of concern in the community. We’re continuing to make payments every day, albeit at a slower rate than we’d estimated. Read More →
May 15, 2019 With this update, we estimate 75% of 1Q2019 royalty payments are complete to nearly 1,200 authors. While we overshot our goal of May 15, we are making solid progress and will not stop until all payments are complete. We sincerely thank the authors and industry professionals who Read More →
May 8, 2019 Hello from Elizabeth, Anne, and Lynn. Before rolling out this statement, we need to address one point immediately: Dreamspinner Press is not in overall financial crisis or in any danger of closing. What we are is working through a temporary crunch in month-to-month cash flow as we wait for more than Read More →