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They didn't die. Kevin Siembieda sold a bunch of art prints and asked fans to buy books direct from the web store, and they got back in the black. That was 12 y
by PhasmaFelis 8y ago
They didn't die. Kevin Siembieda sold a bunch of art prints and asked fans to buy books direct from the web store, and they got back in the black. That was 12 years ago and they're still alive.
Siembieda has a habit of going all-in on bad ideas and then blaming everyone but himself afterwards. E.G., there was interest in a Rifts video game, so he licensed a studio to make one...for the Nokia N-Gage, despite all his fans urgently telling him that it was a dumpster fire. Then when the game flopped like everything associated with the N-Gage, he announced that no one could have seen this coming and clearly video games weren't a good avenue for Palladium. More than once he's commissioned a book, talked up the author in a big way, then by the time the manuscript is half-completed he's decided to cancel the book and tell everyone that it's because the author just didn't get it.
And apparently a lot of the losses to the crooked accountant happened because Palladium had no inventory control system, so no one realized stuff was vanishing.
All of which is to say, I suspect that anyone but Siembieda wouldn't have fallen victim to that guy in the first place.
(Oh, and there was a $1.5 million Kickstarter that somehow crashed and burned with 90% of the promised materials undelivered, even though all the tooling was ready and they were actually printing books.)
- tomc1985 8y agoOh I've heard plenty over the years about Siembieda's business chops. Glad to hear they are still around, I should probably check on these things :P