From the Angry Robot blog:
As you will be aware, Angry Robot Books has a history of innovation and we continue to go from strength to strength. We’re constantly trying out new concepts and new ideas, and we continue to publish popular and award-winning books. Our YA imprint Strange Chemistry and our crime/mystery imprint Exhibit A have – due mainly to market saturation – unfortunately been unable to carve out their own niches with as much success.
We have therefore made the difficult decision to discontinue Strange Chemistry and Exhibit A, effective immediately, and no further titles will be published from these two imprints.
Oh, I'm just GUTTED about this. I looked forward to new SC titles every month for years and years to come.
I hope that authors Gwenda Bond, Laura Lam, and Eliza Crewe (among others, but they're the first three SC authors who spring to mind) get snapped up by other publishers ASAP.
ETA: MARTHA WELLS. Martha Wells, too! PLEASE LET THERE BE MORE EMILIE BOOKS.
ETA2: Gwenda's take on the news: "I will be forever grateful to Strange Chemistry and Angry Robot for giving my career its start, and for the wonderful friends I met because I published there. I hope everyone lands on their feet -- staff at the publisher, but most especially the amazing writers who were notified yesterday that their books are canceled, debut authors and people writing sequels or who had already written them, and those who were mid-series. Please support them, now and in the future. We can't afford to lose their voices."
ETA3: Eliza Crewe on the news (and on what that means for the upcoming Crushed): "So you may or may not have heard, but my publisher, Strange Chemistry, is no more, effective immediately. This means they won’t be publishing Crushed after all. It’s a shock; I literally found out yesterday. It’s seven weeks before Crushed was to be released and I have no publisher and no plan, and very little information from the Angry Robot/Osprey folks to go on. But I will tell you this: I don’t know how, and I don’t exactly when, but watch for it, because Meda is coming. Crushed will be released if I have to self-pub it."
ETA4: It looks like this is part of a larger shake-up: Osprey Publishing Group is looking for a buyer, maybe for the whole company? (I don't have an account, so I can't access the entire article.)