British Christian Book Distributor Enters Receivership
The company that succeeded STL Distribution’s UK operation, Trust Media Distribution has gone into “administration.” I’m not sure if this is the equivalent of receivership [in Canada] or Chapter 11 [in the U.S.] as the final paragraph indicates the business is still operational, so I’ll let you click through to UK Christian Book Shops Blog to read the whole story.
The news comes just days after a number of both UK-based and U.S.-based publishers changed their distribution agreements in what one industry insider called, “a totally unprecedented scale and speed of change, the like of which I have never witnessed in my 20 years in this trade.” To read that story, click here.
If you have any questions about how things work across the pond, leave a comment, as UK Christian Book Shops Blog moderator Phil Groom regularly monitors what we do here.
Your Response (Value-Added Comments Only)
That’s a like for your reporting, Paul, not for the predicament we find ourselves facing over here!