The romance world was abuzz with the news that Harlequin has created a new vanity publishing wing, Harlequin Horizons. So far, the reaction in the romance world has been overwhelmingly negative--with good reason.
Vanity publishing has long been a scourge among the writing and publishing community. Its business model is to charge for a book's publication rather than paying for it to be published--something directly opposite of the traditional publishing model. And vanity publishers have also been considered on the shady side of ethical because they tend to promise rose-colored visions of a successful publishing career when the reality is that most authors who choose the vanity published route never make a profit.
Essentially, an author pays the vanity publisher (in this case Harlequin Horizons ) a fee for them to produce a book. Depending on which options the buyer chooses, this can result in thousands of dollars in expenses prior to publication. And the author is still wholly responsible for marketing their book without any of the support a traditionally published author has: bookstore placement being an important one.
There are legitimate reasons for an author to choose the vanity or self publishing route. Often, a good writer has written a book that doesn't fit in with any current publisher. Or it has a tiny niche that can't justify a larger publisher's investment. Cookbooks or local histories are good examples. But a romance novel?