In May of 2016, Macmillian bought a self-publishing company called Pronoun—and about eighteen months later, they decided to close it. Writer’s Relief found this Publisher’s Weekly article that explains why:
Asked why Pronoun was being shuttered 18 months after the acquisition, Seroy said despite Macmillan investment in the platform and “terrific” feedback from Pronoun authors, “we came to the conclusion that there wasn’t a path forward to a profitable business model and decided to shut down the platform.”
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