Monday, April 18, 2011

Manga pioneer Tokyopop Closes US Division

Publisher's Weekly reports this morning that Tokyopop is closing their US publishing division.  Tokyopop is largely recognized as bringing Manga to the mainstream - particularly in the United States with titles like Sailor Moon, Fruits Basket, and .Hack.

Recent downturns in the publishing industry combined with disastrous effect of the Borders' bankruptcy filing (Borders owes Tokyopop a rather significant amount of money) caused extensive layoffs las month and, ultimately, the decision to close their US Operations.

1 comment:

  1. Paul Perry AllSorts Books Melbourne AustraliaApril 18, 2011 at 6:43 PM

    Correct me if I'm wrong, but I believe that publishers always gave Borders and other giant chains preferential treatment (compared to local independent bookshops).
    So that's karma in action.