dr_mabeuse
seduce the mind
- Joined
- Oct 10, 2002
- Posts
- 11,528
Excerpts from an email I received this this morning from Ghede Books, a new label that was being launched by Ellora's Cave Publishing. I'd signed a contract with them for two novels and have a contract for a third sitting on my scanner, waiting for my signature. Even the cover-art was done.
Ghede was going to be EC's more hard-core label.
It is with deep regret that we have to suspend the launch of our Ghede Books imprint.
Due to the conservative climate that exists at this time, the launching of an erotica site now or in the near future places in jeopardy our ability to obtain commercial banking.[my bold] Ellora’s Cave has grown and has needs that traditional or small business banks cannot offer. One service needed is direct deposit of royalties. We have searched for and spoken with many commercial banking venues and have encountered content issues with all of them. Some had content issues with just Ellora’s Cave, without factoring in the new imprint of Ghede Books.
In order to obtain the kind of banking services that we have to have to continue growing, we came to the conclusion that we have to suspend Ghede Books for the time being. No, we are not bowing to censorship, we are compromising.[my bold] We are only suspending the site, indefinitely for the moment, until such time that we are large enough to bring pressure to bear on these banks’ adult business policies and be able to launch without jeopardizing the banking relationship.
"Due to the conservative climate that exists at this time..."
Who's next?
---dr.M.
Ghede was going to be EC's more hard-core label.
It is with deep regret that we have to suspend the launch of our Ghede Books imprint.
Due to the conservative climate that exists at this time, the launching of an erotica site now or in the near future places in jeopardy our ability to obtain commercial banking.[my bold] Ellora’s Cave has grown and has needs that traditional or small business banks cannot offer. One service needed is direct deposit of royalties. We have searched for and spoken with many commercial banking venues and have encountered content issues with all of them. Some had content issues with just Ellora’s Cave, without factoring in the new imprint of Ghede Books.
In order to obtain the kind of banking services that we have to have to continue growing, we came to the conclusion that we have to suspend Ghede Books for the time being. No, we are not bowing to censorship, we are compromising.[my bold] We are only suspending the site, indefinitely for the moment, until such time that we are large enough to bring pressure to bear on these banks’ adult business policies and be able to launch without jeopardizing the banking relationship.
"Due to the conservative climate that exists at this time..."
Who's next?
---dr.M.