Laura Kate Dale says there are rumours that Unbound was expecting a big investment and decided to pre-spend it by dipping into author royalties.
#PSA: authors and writers, If you don't follow the Writer Beware blog, you may want to start now: Victoria Strauss is a great source to learn about the scum looking to defraud you--from bogus 'marketing' packages that cost you money and do nothing for you, to outright fraudulent publishers--like Unbound has proven to be.
Tom Cox: "I was invited onto BBC Radio 4's You And Yours today to talk about Unbound, who owe me and their other authors around £650,000 in total, which is not even taking into account the readers they have refused to refund."
Link (segment starts 19 minutes in):
https://www.bbc.co.uk/sounds/play/m002d117
Laura Kate Dale says there are rumours that Unbound was expecting a big investment and decided to pre-spend it by dipping into author royalties.
Brian Bilston, poet, is owed an unspecified amount.
Daniel Hardcastle, author of The Paradox Paradox, is owed £40k.
Tom Cox, author of many books, published seven through Unbound. He’s owed more than £20k.
Small Robots, who I think published a picture book of their art work, is owed an unspecified amount.