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.
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).
ReplyDeleteSo that's karma in action.