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15 April 2011 @ 08:57 pm
Argh Argh Argh.  
(Stolen from von_questenberg)

Tokyopop is shutting down

Godamnit.


 
 
Current Mood: shockedshocked
 
 
 
Regx_reggg on April 15th, 2011 08:20 pm (UTC)
ANN said it was just the north american branch, is it actually the whole company? o___O;;
kurenai_tenka: OgN-Happy sparkles! =Dkurenai_tenka on April 15th, 2011 08:21 pm (UTC)
Ah, maybe I've misunderstood then. I took that to mean all their English manga (since the above link says that their European/German sections are still open, which implied to me a different language of manga).
The Ramblings of a Dreamer: otakusmashstarrfire on April 15th, 2011 10:39 pm (UTC)
maaaaaaaaaaaaaaaan that suuuuuuuucks!!!!!!!!!!!!!!!!
kurenai_tenka: Bluecat-Oh Noeskurenai_tenka on April 15th, 2011 10:57 pm (UTC)
Seriously!! I really hope I've misunderstood, because I have ongoings with them that I've really been looking forward to. >_>
Clareadelaide_rain on April 15th, 2011 11:26 pm (UTC)
Wow, with how successful their books are I would have thought they'd be raking it in. Publishing is a funny old world...
kurenai_tenka: Cinderellakurenai_tenka on April 15th, 2011 11:45 pm (UTC)
Seriously. But the whole industry was in decline what with all the websites giving out scans for free (and of course the recession)... a lot of others have gone down, but I guess Tokyopop has folded because they probably invested the most money in things like liscencing and the like. Apparently their film/anime division is still up though, as well as their German manga. So uh, good for the Germans? .___.
DRILLER KILLERastrokittie on April 15th, 2011 11:44 pm (UTC)
HAHAHAHHAHAHAHAHAHA
oh god it serves them right.

Unfortunate that a bunch of licenses and series are going to be left hanging now.
kurenai_tenka: Bluecat-Oh Noeskurenai_tenka on April 15th, 2011 11:49 pm (UTC)
GUUURL don't laugh I have ongoings that I NOW CAN'T READ. THIS IS VERY SRS BSNS. ;_;

Though conversely, any particular reason why it serves them right?
shannon j.l.: Questionshanejayell on April 16th, 2011 06:20 am (UTC)
Tokyo Pop ran a contest called 'Rising Stars of Manga' in which they scouted North Americans doing manga. but the winners were kids and were offered VERY one sided contracts that favored TP. Once details of those contracts leaked, a lot of creators were VERY pissed with TP.
kurenai_tenka: Pink Heart Lollipopskurenai_tenka on April 16th, 2011 11:57 am (UTC)
Oh yeah, Rising Stars. My take on it was always that it was good as a jumping off point, even if it was a totally terrible deal for anyone who was already a professional.

Then again, I don't think I ever heard all the details. Link?
shannon j.l.shanejayell on April 16th, 2011 04:41 pm (UTC)
Sadly a lot of links to the mess are dead. My understanding is that if you signed with TP, the company would own your stuff completely. You lost all your rights, and TP could re-sell or repackage your stuff in any way they wanted.

Here's a page of reactions to TP's contract for new creators:
http://blog.newsarama.com/2008/05/29/more-on-that-horrible-horrible-horrible-tokyopop-contract/

A LOT of creators dissing TP
http://divalea.livejournal.com/546899.html

(Deleted comment)
kurenai_tenka: Delicious Cakekurenai_tenka on April 16th, 2011 10:37 pm (UTC)
That... is one of the weirdest contract I've ever seen. ._. Hmmm...

And yeah, good job you didn't! Though if you had, maybe now it would be null and void? ...or I suppose, binding and inescapable. :P
(Deleted comment)
kurenai_tenka: Vintagekurenai_tenka on April 16th, 2011 11:12 pm (UTC)
Hmm, I'm not sure either! It entirely depends on what the contract says in regards to this kind of circumstance. Though at the very least, the rights to the characters should eventually expire and revert in Tokyopop's 'absence'.
Hentai Rampage: Gundam Wing-Duo-WHY?pashchan on April 16th, 2011 08:10 am (UTC)
Icon is totally appropriate
....What?

Man that sucks, those volumes I've been collecting are going to become rare.

And what about the series that are still ongoing?
kurenai_tenka: The King and The Clownkurenai_tenka on April 16th, 2011 11:59 am (UTC)
Re: Icon is totally appropriate
Maybe, depends which they are. A lot of them had very wide printings sooo...


Their ongoings are likely to float in the liscencing ether, since until those licences run out no-one else can translate them, but they won't be translating them either. =/

In short; argh. :(
(Deleted comment)
kurenai_tenka: Ditakurenai_tenka on April 16th, 2011 10:18 pm (UTC)
Personally I'm more worried about Viz, them being the other major distributor (not so much worried that they'll go bust, just worried they'll decide their manga division isn't financially worthwhile anymore).

I was going to say I don't have anything of Yen Press', but it turns out I do... they picked up one of my ongoings when Ice Kunion nose-dived (and after that Go!Comi went, etc). I never really liked Del Rey and I can't quite remember why; though it's a bad sign for any major distributor to go down. Unfortunately with all the digital theft 'our days are (probably) numbered'. =/