Reblogged from paidContent:

Amazon Publishing (s AMZN) is likely to acquire the assets of Dorchester Publishing, the 41-year-old mass market publisher that closed its doors this February after years of economic trouble.

Literary agent Richard Curtis, writing at Digital Book World, points to the announcement of an auction for Dorchester's assets. At the auction, Amazon Publishing will act as the stalking-horse bidder and will purchase Dorchester's assets unless another bidder comes forward with a better offer.

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So many authors were stranded, left unpaid and unable to sell their books or get the rights back. I'm happy for them. I'm also interested in seeing the Dorchester back-list back on sale. That should be great for readers.