Catapult Books to End Operations After Sale Amid Unionization Efforts
What happened
Catapult Books is being sold and is expected to end operations on October 30. The company, which was founded by Elizabeth Koch and Andy Hunter, announced the sale while workers were voting on unionization. The Catapult Workers Collective stated that the union was informed that continued employment with the prospective buyer is not an option.
From publishersweekly.com
Why it matters
The closure of Catapult Books means the company's assets are being sold, and the fate of 16 frontlist titles slated for spring 2027 remains unclear. The sale follows a petition to the National Labor Relations Board by workers seeking greater transparency and job security.
From publishersweekly.com
Who's involved
- CatapultIndependent publisher that is being sold and ceasing operations.
- ForbesPublisher at Catapult.
- National Labor Relations BoardGovernment agency involved in the workers' unionization petition.
- Electric LiteratureLiterary magazine co-founded by Andy Hunter, who founded Catapult.
- Elizabeth KochFounder and CEO of Catapult.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- CatapultSpeculative
Catapult might see a loss of revenue and business continuity as it ceases operations.
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The entities involved
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Catapult
publisher
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Forbes
American business magazine
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National Labor Relations Board
independent agency of the United States Government