The acquisition by Lee & Low
If you haven't heard yet, Tu Publishing was recently acquired by Lee & Low Books. We'll now be called Tu Books. It's a perfect match--Lee & Low is a small press with almost two decades of experience publishing multicultural books, and they have been looking for an opportunity to reach older readers.
I'm now in New York City in Lee & Low's offices, continuing to read and work with authors to acquire our launch list. We've got several great possibilities and when they're official, we'll update you. What's awesome about this acquisition is that instead of our modest plan for 2 books in the first year, we will publish 6 books in our first year--3 per season, starting Fall 2011.
This means, for those of you whose rewards are some form of a book, there will be a delay, but we will honor all our rewards, because you are the people who made this happen. If it wasn't for your interest in this Kickstarter, showing how much interest there is in SFF for young readers that features diverse characters and settings, we wouldn't have gotten this far.
Another part of the transition is that while we will honor the rewards, we will be refunding the pledges you made, because Lee & Low is providing the funding we need. I have been working on that, but it's taken some time to figure out a few things and I've run into some technical difficulties with Amazon payments. As I work those issues out, you'll be hearing from me again.
Thanks again for your support, everyone! You made this possible.
Tu Books (formerly Tu Publishing)