Tokyopop Renews Distribution Deal with CDS

Feb 13th 2006
TOKYOPOP, Manga Publishing Giant, Renews Major Distribution Deal with Perseus / CDS
After Highly Competitive Selection Process

NEW YORK CITY, Feb. 13, 2006 – The Perseus Books Group announced today that TOKYOPOP, the leading publisher of English-language manga, renewed its client distribution partnership with Perseus' independent distributor CDS (Client Distribution Services).

TOKYOPOP is the number one publisher of English-language manga (pronounced mahn-gah) in the U.S., and has been a client of CDS since 2002. Since then, it has become a giant in one of fastest-growing segments of the publishing industry. Bookstores devote entire sections to the distinctive digest-sized, mostly black-and-white, often right-to-left formatted paperbacks. TOKYOPOP was the first to bring manga to chain stores, such as Barnes & Noble and Borders, to teens via an original monthly manga strip in CosmoGirl! (the number one teen magazine in the world), to the Sunday comic sections in 30 major newspapers across the U.S., and the first to acquire film deals with major movie studios, such as Sony Screen Gems and Focus Features. When TOKYOPOP's agreement with Perseus came up for renewal, it was courted by several of the largest publishers, but in the end, decided to renew with Perseus.

"TOKYOPOP has blazed a white-hot trail in this rapidly growing section of the publishing world," said David Steinberger, president and CEO of the Perseus Books Group. "We are gratified to have been selected as their distribution partner after a highly competitive process."

According to TOKYOPOP CEO Stuart Levy, "Perseus has put together an exciting combination of publishing companies and has now added a key distribution piece. At TOKYOPOP, we have high expectations that with their new infrastructure, Perseus/CDS will provide a top-notch level of service that will be instrumental in helping manga ‘tip’ beyond the niche market into the mainstream."

TOKYOPOP is hailed as a leading youth-oriented entertainment brand and an innovator of manga creation, with a revolutionary artistic vision that transcends countless platforms. From the introduction of the first-ever extensive manga publishing program in North America, to the development of its manga-originated intellectual properties into film, television and digital entertainment, TOKYOPOP has changed the way teens experience pop culture. The company's global reach has expanded to Europe and Asia, with recent offices opening in the UK and Germany and upcoming partnerships in Australia and China, in addition to its original Los Angeles and Tokyo operations. With millions of fans logging onto www.TOKYOPOP.com , reading its books, and watching its DVDs and television programs, TOKYOPOP's award-winning catalogue of licensed and original properties has made the company a visionary in an ever-growing teen entertainment marketplace. Visit www.TOKYOPOP.com for additional information.

Founded in 1997, the Perseus Books Group is an independent company committed to enabling the success of independent publishing programs, whether they are joint venture partners, stand-alone businesses, or wholly-owned Perseus imprints. Perseus publishing programs include Basic Books, Basic Civitas, Counterpoint, Da Capo Press, PublicAffairs, Running Press, and Westview Press. Perseus distribution clients served through CDS (Client Distribution Services) include more than 50 independent publishers such as Abbeville, Assouline, BowTie Press, D.A.P. (Distributed Art Publishers, Inc.), Harvard Business School Press, Planeta Publishing Corporation, The University of Michigan Press, Taschen and TOKYOPOP.

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