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DC Comics lays off many


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The specifics are all rumours, but yeah, looks like Warner's has let many, many people go from all of their companies. I've got a few friends at DC (I mean business-friends, not personal pals) so I hope they're okay. The company has been hell since Didio left - I assume he saw which way the wind was gonna blow.
 





Legatus_Legionis

< BLAH HA Ha ha >
EVS was saying he sees DC Publishing dropping 40% of their titles.

During his stream, it was suggested any titles with over 40,000 estimated sales are safe.
The rest are being looked at being ended.

Looking at comichron Jan.'20 sales, we get:

So the safe beats to be kept are:
Wonder Woman
Batman
Detective Comics
Justice League
Superman.
 

Eyes of Nine

Everything's Fine
I have readen the true bet is the streaming service, HBO Max.
Can you unpack this a bit more? Are you saying that the reason AT&T and Time Warner laid off 600 people at DC Comics was because they plan to do creative work out of HBO Max, and stop publishing paper media?
 

Eyes of Nine

Everything's Fine
EVS was saying he sees DC Publishing dropping 40% of their titles.

During his stream, it was suggested any titles with over 40,000 estimated sales are safe.
The rest are being looked at being ended.

Looking at comichron Jan.'20 sales, we get:

So the safe beats to be kept are:
Wonder Woman
Batman
Detective Comics
Justice League
Superman.
Yeah, their perennial sellers.
I wonder if they will either a) license other publishers to publish comics/graphic novels of other characters, b) sell that IP off or c) do nothing. (I'd put good money they go with "a").
 

Eyes of Nine

Everything's Fine
I have readen the true bet is the streaming service, HBO Max.
Can you unpack this a bit more? Are you saying that the reason AT&T and Time Warner laid off 600 people at DC Comics was because they plan to do creative work out of HBO Max, and stop publishing paper media?

Oh, I see you are talking about DC Universe, DC's new streaming service. Instead of sinking more money into that venture, they'll just move those titles and create new ones on HBO Max.

Makes sense.

I dont' watch any of the TV shows but I have liked some of DCs output on the alternative side.

I wonder about their back catalog - they have one of the deepest and most "erudite" back catalogs of graphic novels. The entire Vertigo line specifically.
 

Snarf Zagyg

Notorious Liquefactionist
That’s a shame.

I have to say that I’ve been catching up on a lot of DC stuff since the launch of HBO Max, and there is some good stuff there.
 

MoonSong

Rules-lawyering drama queen but not a munchkin
The specifics are all rumours, but yeah, looks like Warner's has let many, many people go from all of their companies. I've got a few friends at DC (I mean business-friends, not personal pals) so I hope they're okay. The company has been hell since Didio left - I assume he saw which way the wind was gonna blow.
The place has been on fire for a while. They made some great-selling titles and events, but also produced a lot of poor-selling chaff and have had editorial problems -like Doomsday Clock having severe delays, or that continuity doesn't make any sense anymore and everything is a mess.

Even now, it seems like Jim Lee is more of a figurehead and the bean counters in AT&T are the ones calling all shots.
 

MoonSong

Rules-lawyering drama queen but not a munchkin
I wonder about their back catalog - they have one of the deepest and most "erudite" back catalogs of graphic novels. The entire Vertigo line specifically.
I don't think it will go anywhere. Reprinting stuff is extremely cheap, and they have a healthy digital back catalog that has essentially zero overhead. (Take a look at comixology, you can find a lot of silver and bronze age comics there)

New comics are the ones at risk here. It seems we are witnessing a new DC Implosion. Hopefully they won't stop new comics altogether, but at the very least we are going to see a lot of cancellations.
 

Legatus_Legionis

< BLAH HA Ha ha >
To think not that long ago, when DC launched "The New 52", they reduced the number of titles down to their top 52 sellers.

It is like deja vu all over again, only this time the executioner's going to be doing alot more axing this time around.
 

Eyes of Nine

Everything's Fine
To think not that long ago, when DC launched "The New 52", they reduced the number of titles down to their top 52 sellers.

It is like deja vu all over again, only this time the executioner's going to be doing alot more axing this time around.
Yeah, more like the new 12 (of which 7 will be Batman related titles)
 

I mean AT&T wants to make money with the media streaming service.

But I can't understand very well the reason to do this:



 

Zardnaar

Legend
I mean AT&T wants to make money with the media streaming service.

But I can't understand very well the reason to do this:



Simple. Cash.
 

Sony can make money with the manganime industry, it's a multinational company with Japanese roots, but why AT&T sells it if this could be a source of money in a age where manga is replacing superheroes comics?
 

Zardnaar

Legend
Sony can make money with the manganime industry, it's a multinational company with Japanese roots, but why AT&T sells it if this could be a source of money in a age where manga is replacing superheroes comics?
Notice the pandemic? Assets are one thing cash on hand is something else.

Companies were paying a premium to own stuff because they weren't having to generate income as such.

They were debt binging and using the share market. 1.5 billions a lot of moolah right now.
 

Legatus_Legionis

< BLAH HA Ha ha >
Huge corporations look not only if a division makes money, but also how much money they have to spend to make the money.

For example, for every $1.00 they spend on DC Publishing they make only $1.10
While that is making money, if they can make $1.30, they will put the money into a MORE profitable division.

That is one reason while companies sell such assets.
Also, to help pay down debt loads a company will sell off its least "profitable" divisions.
 

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