Tokyopop, one of America’s largest comic publishers and the company credited with popularizing manga outside Japan, will officially close its doors in North America on Tuesday May 31st. The announcement, made April 15th, didn’t surprise many followers of the comic book industry; rounds of layoffs had reduced the company to a six-person staff months earlier, and a collapse seemed inevitable even as early as March, 2011.
But how did the company reach the point of collapse when, just eight years before, Steve Kleckner reported it had been growing by at least 200% for three years and wasn’t even slowing? And
more importantly for publishers of more mainstream products, what is there to be learned from it?
From time to time, I'll be posting links to my posts on Publishing Trendsetter in lieu of posting here. I look forward to reading your insights, comments and questions in both places!