Nearly 40% of the workforce was cut in and effort to 'preserve capital' after a massive profits loss in the first 2023 quarter.
2020, as the pandemic affected multiple industries, they had a round of layoffs that deeply affected editorial.
Many of those laid off by IDW at that time went on to found their own indie comic publishers, including Opus Comics, Clover Press and Syzygy Publishing, according toIt is a bleak day for comics publishers when a lack of franchise deals, games revenue, and a dearth of television money means that less people will be employed at the subsection of the company that facilitates and encourages original art and comics.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
IDW Cuts Two-Fifths of Employees, Executives, Stock Exchange ListingIDW Media Holdings, Inc., the company best known at Bleeding Cool for the IDW Publishing comic book line and IDW Entertainment , today announced a series of major cuts and changes which they cite 'in response to operational challenges to position the Company for recovery and future growth.' Amongst other actions, that means 'cutting approximately […]\n
Read more »
IDW Layoffs In More Detail As New EIC And Co-Publishers NamedEarlier today, I reported IDW laying off two-fifths of its staff. Here's a list of a number of employees who have been let go, and those promoted.
Read more »
Those Laid Off By IDW Publishing, Respond To The NewsYesterday I broke the news about San Diego-based comic book publisher, and TV/Film/Games producer, IDW laying off two-fifths of its staff.
Read more »
IDW, Parent Company Of ‘Wynonna Earp’ And ‘Locke & Key’ Producer, Laying Off 39% Of Workforce And Delisting From NYSEIDW Media Holdings, the company that includes a prominent comics division and an entertainment division behind such series as Syfy’s Wynonna Earp, BBC America/Netflix’s Dirk Gently&821…
Read more »
Comics Legend Steve Niles on Brynmore, His Eerie New Horror Taleio9 talked to Niles and has covers and pages to share, featuring art by Niles' frequent collaborator Damien Worm and others.
Read more »