« Home | CBR thinks Carol Danvers should be changed to an L... » | Oliver Willis can't possibly be a comics fan » | Neal Adams disappoints again » | If the Simpsons can be censored, even comics aren'... » | A cartoonist produces a comic favoring drug addiction » | This is what Marvel wants Captain America doing du... » | Axel Alonso forms his own company with Bill Jemas » | Roy Thomas didn't like the rendition of the Skrull... » | Disney rehires vile director for GotG movies » | Recent superhero movies lacking in romance and sex » 

Friday, March 29, 2019 

IDW may be up for sale

More signs coming in that IDW may be on their way out:
IDW Media Holdings, Inc. has hired J.P. Morgan to help in a company review for a possible sale (or other alternatives) to "maximize stockholder value and realize the full potential of its vast content library and pipeline." IDW is the parent company of IDW Publishing.

[...] This comes a few weeks after a representative from ADW Capital Partners, who owns roughly a 9% stake in IDW, released a letter calling for the company to be acquired. Adam Wyden said the recent acquisitions of Valiant Entertainment (by DMG) and Millarworld (by Netflix) set a precedent for IDW's market value, especially given this company is larger - as a comics company - than those other two examples.
Larger, maybe, but no more successful, as their 2017 scandals and plummeting sales and stocks make clear. And another difference is that they built much of their output on adapting licensed merchandise like GI Joe, Transformers and Dungeons & Dragons, their publishing several creator-owned titles notwithstanding. So if they're sold or fold, what'll happen with those licenses? They'll probably be acquired by other companies who'll hopefully avoid taking approaches that risk discouraging audiences from purchasing. Anybody who really wants to make bank in entertainment should consider this.

The closure of IDW may not have happened yet. But it could be around the corner soon, and after the embarrassments they went through under Chris Ryall, it won't be surprising if that only sealed their fate as a business.

Labels: , , ,

Don't take risks. Focus on making bank. It seems like a formula for bland. Is that what we want comics to be like?

Post a Comment

About me

  • I'm Avi Green
  • From Jerusalem, Israel
  • I was born in Pennsylvania in 1974, and moved to Israel in 1983. I also enjoyed reading a lot of comics when I was young, the first being Fantastic Four. I maintain a strong belief in the public's right to knowledge and accuracy in facts. I like to think of myself as a conservative-style version of Clark Kent. I don't expect to be perfect at the job, but I do my best.
My profile

Archives

Links

  • avigreen2002@yahoo.com
  • Fansites I Created

  • Hawkfan
  • The Greatest Thing on Earth!
  • The Outer Observatory
  • Earth's Mightiest Heroines
  • The Co-Stars Primer
  • Realtime Website Traffic

    Comic book websites (open menu)

    Comic book weblogs (open menu)

    Writers and Artists (open menu)

    Video commentators (open menu)

    Miscellanous links (open menu)

  • W3 Counter stats
  • Bio Link page
  • blog directory Bloggeries Blog Directory View My Stats Blog Directory & Search engine eXTReMe Tracker Locations of visitors to this page  
    Flag Counter Free Hit Counters
    Free Web Counter

    This page is powered by Blogger. Isn't yours?

    make money online blogger templates

Older Posts Newer Posts

The Four Color Media Monitor is powered by Blogspot and Gecko & Fly.
No part of the content or the blog may be reproduced without prior written permission.
Join the Google Adsense program and learn how to make money online.