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Saturday, May 16, 2015 

Archie cancels their Kickstarter campaign

Following a backlash, they've stopped the fund drive for their planned "reboot" that gave strong signals they're on their last legs:
In a statement released Friday, Archie Comics noted that, "while the response to these new titles has been amazing, the reaction to an established brand like Archie crowdfunding has not been," adding that although the intent had originally been to start work on the series ahead of a schedule allowed by Archie's own funds, the response "became another conversation, leading us further away from the purpose of this whole campaign… While we fully expected our goal to be funded, it was no longer about the books and how amazing they will be. We don’t want that. This is why we’re shutting the Kickstarter down today."

Response to the Kickstarter campaign from fans and professionals was split between excitement for the new launches and suspicion that a publisher that had been around for 75 years would require financial support to publish new material; along similar lines, there was upset about some of the reward levels, which included being followed on Twitter for $15, and digital downloads of the first issues of each of the new series for $20. (Both levels also included the backers' name being published in one of the series, as well as being signed up for Archie's e-newsletter.) [...]

Each of the three proposed titles will be published, according to the company, albeit on a delayed timeline [...]
What's the point of funding them and paying far more than the cover price for the pending books, which are already bound to be worthless in storytelling talent? It all came off sounding more like a swindling campaign. They're bound to go under in the forseeable future anyway, and if they do, it'll be their own fault.

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The company will continue in some form, they're more low-key than others like Image and the like.

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