Business News

It seems that the action kicked off early today at the Diamond retailer breakfast this morning, which due to its 8:30 start time was...

As reported by Laura Hudson, at today's ICv2 conference, people were moaning about prices. :

The complaint of high prices was discussed as well, along with the statistics that the average cover price of a comic book in the second quarter of 2010 is now $3.53, up from $3.38 in 2009. "Overall, [fans] are paying more for the same type of content than they were two years ago," said Griepp.

Moving forward with digital was the theme of today's ICv2 Comics and Digital conference, which kicked off New York Comic Con with an afternoon of panels and idea sharing. And for those who are moving, they are doing so with zeal and purpose. As opposed to previous such industry gatherings, where digital was timidly referring to in veiled terms, left the Gods of Tradition strike the heretics dead, almost all of today's speakers are living in a world where digital is already a part of their revenue stream. It made for a lively day of engaged attendees.

Via PR, Arcana, publisher of such titles as Banzai Girl and Gearhead, has acquired a bunch of characters from the library of Devils Due Publishing, including Mercy Sparx, Defex and Breakdown. DDP has been floundering of late, with late payment to creators, problems with Diamond and a reduced or nonexistent publishing schedule. The titles sold represent most of the original IP developed at the company by publisher/owner Josh Blaylock. Devils Due's most successful original series, hack/slash moved to Image in March; most of their other recent publications were licensed -- Spartacus -- or parody -- Barack the Barbarian.

Following yesterday's announcement that the Del Rey Manga imprint was folding into a distribution arm for Kodansha Comics, a US branch of the Japanese publisher, American manga watchers were NOT jumping for joy. Chris Butcher came right out and said it:

ICv2 continues its sit down with Marvel publisher Dan Buckley, who says many things, but also points out one of the great dichotomies of comics -- everyone says they want done-in-one jumping on point comics -- but when publishers put them out, the sales don't pick up at all:

As rumored for months, Kodansha, the Japanese publishing giant, is shifting its relationship with Random House. Del Rey Manga is shutting down, but Kodansha Comics will remain, to be distributed by Random House. Del Rey Manga's associate publisher, Dallas Middaugh, will move over to Random House Publisher Services to act as the liaison for Kodansha.

Nothing really, business as usual. Seriously, there is a lot of change going on -- although DC Comics is staying in New York, a lot of people are either leaving their jobs or being faced with a move to another coast. We're not going to run all 80 -- or however many it is -- names, but some departments are newsworthy enough to be reported on.

ICv2 presents their annual chat with Marvel Publisher Dan Buckley and he just sort of lays it out:

A lot of think pieces are beginning to come out about the DC upheaval -- it's beginning to be clear that the initial feelings of relief after the first press release were about as accurate as the "We dodged that one!" feelings right after Katrina passed through. As expected, Tom Spurgeon lays out Twelve Initial Questions I Have About DC's Publishing Moves Announcements and it's very thorough. Tom writes from the distinct perspective of someone who isn't immersed in day-to-day DC Kremlinology and yet comes to many of the same conclusions.

When a company spokesman suggested that the LA Times story stating that 20 percent of DC's 250 or 50 employees would be laid off, was incorrect, he was perhaps half right. Bloomberg News uncovered a NY State Dept. of Labor WARN filing (Worker Adjustment and Retraining) which says that 80 employees will be laid off or relocate. Layoffs will begin on 12/27/2010 and continue through 8/27/2011, according to filer June Martin, SVP Human Resources. A DC spokesman told Bloomberg:

As we head into Day 3 of the Bi-Coastal Era of DC Comics, even bigger organizational changes were announced at Warner Bros. Short version: Time Warner head Jeff Bewkes announced that Warner Bros Chairman/CEO Barry Meyer would be staying on for two years (he had been rumored to be retiring before that) but studio head Alan Horn will be moving along in April 2011. Three men will fill a three-headed president role to replace Horn: Jeff Robinov, the movie guy, Bruce Rosenblum, the TV guy, and Kevin Tsujihara the multimedia/home entertainment guy. Although this all seems far distant from the traditional comics business, it is all tied in, of course.