Comics writer IDW delisted from NYSE, lays off 39% of workforce
In line with The Beat, IDW introduced immediately that it’s being delisted on the NYSE, and is shedding 39% of its workforce.
“IDW is mostly thought of to be one of many High 5 comics publishers within the direct market, again when gross sales charts and market shares had been out there. Final 12 months they moved from Diamond to PRH for his or her comics store distribution. Based in 1999 by Ted Adam, Alex Garner, Kris Oprisko, and Robbie Robbins, IDW was persistently one of the vital revolutionary and forward-looking comics publishers for twenty-four years, with such hits as March and They Referred to as Us Enemy from High Shelf, and the a lot beloved Artist’s Version line of outsized collections. However current modifications within the DM and bookstores, in addition to results of the pandemic and the cutback in streaming platforms, meant modifications within the enterprise mannequin, which had expanded to going public beneath mother or father firm IDT Holdings.”