A source from Dorchester informed me that Dorchester will be revamping its publishing house to focus on trade paperback originals and digital publishing. Digital releases will be forthcoming as scheduled by the print publications will be delayed 6 to 8 months.
In 6 to 8 months, Dorchester will begin releasing the print editions in trade paperback form. Best of luck to Dorchester and its authors.
UPDATE: PW has more news on this (Thanks for the link, Kerry)
President John Prebich said after retail sales fell by 25% in 2009, the company knew that 2010 "would be a defining year," but rather than show improvement, "sales have been worse." While returns are down, the company has had a difficult time getting its titles into stores as shelf space for mass market has been reduced, Prebich explained. Dorchester recently let its field sales force of seven go, although Tim DeYoung remains with the company as v-p of sales and marketing. The editorial team remains intact, although Prebich said the number of titles released monthly will likely be reduced from over 30 to 25. He said the schedule for 2011 is set and Dorchester has books in the pipeline through June 2012.
On the issue of submissions, I was told that they plan to continue to release original fiction and while they aren’t closed for submissions, they are revamping their submission guidelines.