On the one side; it's sad news and I feel sorry for those who have lost their jobs.
On the other side; when you start off talking about how you're going to censor some titles...
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CMX Manga, which began publishing manga as a label under the DC Comics company in 2004, has announced today that they will be shutting down with no new volumes being published after July. The status of uncompleted series has not been discussed yet, though with some of them having quite a long haul ahead of them things look bleak, but there may be some hope for some of the shorter ones depending on market conditions. The news was handed down by co-publishers Jim Lee and Dan DiDio today:
“Over the course of the last six years, CMX has brought a diverse list of titles to America and we value the books and creators that we helped introduce to a new audience. Given the challenges that manga is facing in the American marketplace, we have decided that CMX will cease publishing new titles as of July 1, 2010.
The shuttering of the CMX line does not affect the best-selling series Megatokyo which will continue publication, now as a DC Comics title with story and art by Megatokyo’s award-winning creator Fred Gallagher.
We’d like to take a moment to acknowledge the efforts and dedication of the CMX staff and to thank our fans who have supported CMX.
–Co-Publishers Jim Lee and Dan DiDio"
The news comes after last weeks shake-up at Viz Media where some 40% of the company was laid off - including several senior management positions which are seeing some consolidation - as well as small publisher Go Comi shutting its doors as well with barely a whimper. We at Mania extend our best wishes to those affected by this shutdown at CMX Manga as we've worked with them for several years now with a good relationship.
On the one side; it's sad news and I feel sorry for those who have lost their jobs.
On the other side; when you start off talking about how you're going to censor some titles...
-_(-_-)_-
When a lesser-known publisher folds without notice and one of the biggest manga distributors lays off 2/5ths of its staff, things start to look pretty bleak.
When even DC Comics decides to close its' manga publishing branch, you know it's not a good time to be a manga fan.