Difference between revisions of "T-K Graphics"
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| − | A mail-order [[sf]] | + | A mail-order [[sf]] publishing company and bookseller located in [[Baltimore, MD]], and operated by [[Ted Pauls]] and [[Karen Townley]]. It was founded in 1972–3; by 1977, it was being accused of not paying royalties by many of its writers and of slow delivery or non-delivery of orders by many customers. |
| − | Sometime in 1977 or 1978, Pauls sent a letter to his creditors saying that by 1976 it had 17,000 customers, five employees and was doing $200,000 annual business. At that point, between over-use of credit and poor management decisions, it was $60,000 in debt and unable to keep up with its bills, which meant that it was filling orders slowly, also. To avoid bankruptcy he cut back drastically to about 10% of peak, taking no salary and slowly paying back creditors. He expected to pay everyone back eventually. | + | Along with [[pro]] publications, T–K [[pubbed]] [[fan]]-created [[chapbooks]] and [[fanzines]]. |
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| + | Sometime in 1977 or 1978, Pauls sent a letter to his creditors saying that by 1976, it had 17,000 customers, five employees and was doing $200,000 annual business. At that point, between over-use of credit and poor management decisions, it was $60,000 in debt and unable to keep up with its bills, which meant that it was filling orders slowly, also. To avoid bankruptcy, he cut back drastically to about 10% of peak, taking no salary and slowly paying back creditors. He expected to pay everyone back eventually. | ||
T-K Graphics eventually did go bankrupt. By the end of 1979, the State of Maryland was supervising claims against the company. | T-K Graphics eventually did go bankrupt. By the end of 1979, the State of Maryland was supervising claims against the company. | ||
| − | + | {{publisher|start=1973|locale=Baltimore, MD}} | |
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[[Category:US]] | [[Category:US]] | ||
Latest revision as of 18:52, 3 March 2023
A mail-order sf publishing company and bookseller located in Baltimore, MD, and operated by Ted Pauls and Karen Townley. It was founded in 1972–3; by 1977, it was being accused of not paying royalties by many of its writers and of slow delivery or non-delivery of orders by many customers.
Along with pro publications, T–K pubbed fan-created chapbooks and fanzines.
Sometime in 1977 or 1978, Pauls sent a letter to his creditors saying that by 1976, it had 17,000 customers, five employees and was doing $200,000 annual business. At that point, between over-use of credit and poor management decisions, it was $60,000 in debt and unable to keep up with its bills, which meant that it was filling orders slowly, also. To avoid bankruptcy, he cut back drastically to about 10% of peak, taking no salary and slowly paying back creditors. He expected to pay everyone back eventually.
T-K Graphics eventually did go bankrupt. By the end of 1979, the State of Maryland was supervising claims against the company.
| Publisher | 1973— |
| This is a publisher page, referring to science fiction book and prozine publishers. |
