We’re delighted to announce today the launch of Storm Publishing.
Oliver Rhodes, the founder and former CEO of Bookouture, will be the Managing Director of Storm and will be joined in the new company by several former colleagues. Claire Bord joins as Deputy Managing Director, Kathryn Taussig as Publisher, Chris Lucraft as Digital Operations Director, and Emily Gowers as Editorial Director.
At Storm we will be publishing adult commercial fiction in ebook, audio and print-on-demand paperback globally, paying an author royalty of 50% of net receipts (that’s double the industry standard) on both ebook and audio formats.
We are currently accepting submissions in all genres, where World English rights are available, from agents and direct from authors – click here to submit!
The launch of Storm comes almost exactly ten years after Oliver founded Bookouture, which was acquired by Hachette in 2017 and has sold over 60 million copies to date.
At Storm, we’re aiming to challenge existing models once again. We have a clear focus on innovation and the adoption of new technology to improve author experiences and support creativity. Oliver explains:
“My reason for starting Storm is that I believe it’s possible to take digital publishing to another level. The current rate of technological change offers so many more opportunities for publishers to add value to authors and readers. It is vital to keep learning and innovating at speed, which is key to the vision at Storm.
As a start-up, we can move quickly. Everyone on our team will have time dedicated to working on innovation projects, and I’m excited to see what we achieve – I’m confident that we’ll be able to create an edge for our authors.”