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NEWS: Tokyopop to Restructure


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Sheleigha



Joined: 09 May 2008
Posts: 1673
PostPosted: Tue Jun 03, 2008 12:09 pm Reply with quote
I personally always thought their ani-manga (or whatever it was called) was dumb. Having titles from Cardcaptors, to Disney movies, to Family guy. I'm just not a fan of having screenshots of a movie with word bubbles forced in -_- Best to see the show/movie, how it was meant to be seen. Sooo I sure wouldn't mind stuff like THAT cut out.

Also, their site for the past couple years has been all about fanworks. I've never understood WHY. Maybe to encourage people to create their own manga, so they can put it out and publish them to sell? I'm not sure. But when a website is MORE about fancrap (pardon me...) than the actual product, it worries me. Bad enough it takes you FOREVER to even FIND their actual product on the site. Should it NOT be on the main page? Well, there's only a couple of new hits listed.

Just some criticisms as a consumer. I like sites where there is a nice long list of what they have out, like THIS to let me know what they have and when it'll be coming out. They used to, but the new site.... I'm just not a fan of its setup.

...ok I'll finish my rant here^^ But just to follow up on the restructuring talk, there ARE certainly some things they can improve on >_>
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Tempest
I Run this place.
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Joined: 29 Dec 2001
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PostPosted: Tue Jun 03, 2008 12:12 pm Reply with quote
dormcat wrote:
I wonder how big the percentage of this layoff is. 39 out of a company of 50 and 39 out of a company of 500 are completely different.


Egan and I have been looking into that, Our current educated guess puts their roster at about 100 employees. So it's significant. It also doesn't include all the freelancers who simply won't be getting any contract work...

-t
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Pepperidge



Joined: 13 Sep 2003
Posts: 1104
Location: British Columbia, Canada
PostPosted: Tue Jun 03, 2008 12:17 pm Reply with quote
Big Hed wrote:
"Progressive reorganization", huh? Aptly put.

At the moment, I'm fearing for further releases of Welcome to the NHK and Suppli.


Well, the final two volumes of Welcome to the NHK are already solicited, so I don't think there's too much to worry about with that title. How many of Tokyopop's manga titles are still set to be running through 2009 anyway? I've always gotten the impression that they currently distribute far more world manga than they do actual manga.
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dormcat
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Joined: 08 Dec 2003
Posts: 9902
Location: New Taipei City, Taiwan, ROC
PostPosted: Tue Jun 03, 2008 12:18 pm Reply with quote
tempest wrote:
Our current educated guess puts their roster at about 100 employees. So it's significant.

So it's ~40%. That's a big wave of layoffs. Sad

Things aren't optimistic on this side of Pacific either: we all know Young Sunday is closing down, and in Taiwan a major manga licensee who is walking on a wire (Egan should know which one I'm talking about). I wouldn't be surprised if similar layoffs or even a complete shut down in near future.
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Sheleigha



Joined: 09 May 2008
Posts: 1673
PostPosted: Tue Jun 03, 2008 12:33 pm Reply with quote
The anime/manga market as a whole seems to be shutting down slowly, really. With reading the comment on the Taiwan company, comes to mind stuff on the North American end, such as Geneon.

Even in my local comic shop where they used to have ALOT more of a selection of DVDs (still quite a large manga selection), the manager of the place had said that sales aren't doing too great...



...is now the time to point the finger at downloaders/downloading? >_> Or, perhaps the fact being that retail as a whole (due to cost of living, gas prices etc) has plummeted recently?
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castmodean



Joined: 03 Jun 2008
Posts: 4
PostPosted: Tue Jun 03, 2008 12:35 pm Reply with quote
Quote:
I'm just a layman, but could someone explain the "Fewer releases will allow for less cannibalization at retail." part? Also, if they cancel titles, do you think it will lead to it being licensed by other publishers, or will Tokyopop just sit on them?


Basically think of it this way. Your average bookstore makes X amount of money off a given category, and as such allots shelf space accordingly. Lets say your bookstore or comic store have 6 shelves of manga. In those 6 shelves you have to display everything. With 400 odd titles coming out in a year, plus your back catalogue, stores are hard pressed to choose what to display, and what to pass on for the sake of space. When a company doesn't buy as much as you are producing...well it cuts into your bottom line and you can't afford to license that hot new title now.

On the topic of license dropping, I fear they will start by pruning(I say read that as canceling) their novel line first. Sadly this doesn't seem to have captured the North American market like they hoped it would. After that, it will be looking at under performing titles to cut back, or not license future volumes if they only grabbed, lets say the first 10 or whatever. They could very well sit on the license until it expires and not produce anymore, and unfortunately the chances of a dead license that wasn't performing then to be picked up by another company, is probably not very good.
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ScottGreen



Joined: 04 Feb 2002
Posts: 20
PostPosted: Tue Jun 03, 2008 12:57 pm Reply with quote
I wonder which entity will be taken public...

Seriously, I imagine that this is at least in part to have cleaner, more attractive accounting ledgers for their multi-media ventures.
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CMB



Joined: 12 Sep 2006
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Location: Lock Haven, Pa.
PostPosted: Tue Jun 03, 2008 12:59 pm Reply with quote
Crying or Very sad This is very sad news. I hope they will trim the book line by letting series end and not starting as many new ones. Sad
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Vulcannis



Joined: 21 Jan 2008
Posts: 41
PostPosted: Tue Jun 03, 2008 1:03 pm Reply with quote
Gah, I hope nothing happens to Aria. They just rescued it, it would suck to lose it again.
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Big Hed



Joined: 04 May 2006
Posts: 1607
Location: Melbourne, Australia
PostPosted: Tue Jun 03, 2008 1:25 pm Reply with quote
tempest wrote:

Egan and I have been looking into that, Our current educated guess puts their roster at about 100 employees. So it's significant. It also doesn't include all the freelancers who simply won't be getting any contract work...


Wow, 39/100 would be terrible. I hope that it's the case that Tokyopop is larger than that.

At any rate, if any manga publisher was going to be affected by the slowing economy, I would have guessed Tokyopop. They are the "license everything" company, after all.

Pepperidge wrote:
Well, the final two volumes of Welcome to the NHK are already solicited, so I don't think there's too much to worry about with that title.


There's only two volumes left?! Shocked Oh well, I'm just glad that they are likely safe.
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Arachne



Joined: 28 Feb 2004
Posts: 35
Location: Charlotte
PostPosted: Tue Jun 03, 2008 1:49 pm Reply with quote
It's about time this happened.

After stuffing bookstore shelves full of Korean manhwa and horrendous OEL, maybe TP come to their senses before driving themselves out of business.

And I say this as someone who worked at a Borders for 6 years, and had to constantly send back OEL crap that we couldn't pay people to take, just to make room for actual manga. I have seen plenty of customers pull out a new book, just to realize it reads left-to-right and then put it back on the shelf without even opening it.

On a side note- I actually think that Korean manhwa does have a future here. I just think TP has done it a disservice by trying to market it as manga and by licensing some of the worst series (although that could also be said about anything TP is licensing lately).
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darcerin



Joined: 22 Apr 2005
Posts: 330
PostPosted: Tue Jun 03, 2008 2:07 pm Reply with quote
If we're going to point fingers, then point them first at the people who go in and read manga at the store, but don't buy (and I'm not talking one or two titles, I mean they do this EVERY chance they get).

I realize it's an economic downturn partially to blame, but when you're not vigilantly kicking loiterers out of your store, (I realize Borders and their like have seats and stuff to go read in; you know who I *am* referring to, though) unless they buy something, there's your potential future market and $$$ down the drain. You're reaching them with your work, but they're not paying you for it. And unfortunately it's not like Tokyopop even has the power to pressure Border and B &N and all the rest to keep kicking people out, because goodness forbid we offend them and they're loitering ways, and they never come back, and keep not spending money there. -_-
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bluegreen



Joined: 18 Mar 2007
Posts: 29
PostPosted: Tue Jun 03, 2008 2:08 pm Reply with quote
castmodean wrote:


On the topic of license dropping, I fear they will start by pruning(I say read that as canceling) their novel line first. Sadly this doesn't seem to have captured the North American market like they hoped it would. After that, it will be looking at under performing titles to cut back, or not license future volumes if they only grabbed, lets say the first 10 or whatever. They could very well sit on the license until it expires and not produce anymore, and unfortunately the chances of a dead license that wasn't performing then to be picked up by another company, is probably not very good.
This is what i am worrying about as well. Im especialy worried since their licensing of the Full Metal Panic novels was a dream come true for me. I wish they treated the content a little better (color pages please) but it was still better than not having it at all. All i can do I suppose is hope that the FMP novels performed well enough that they wont cancel them
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albanian



Joined: 18 Nov 2005
Posts: 133
Location: UK
PostPosted: Tue Jun 03, 2008 2:11 pm Reply with quote
As with one or two others above, I am not so much concerned about the manga as the novel series. I have been sitting for some time on a single volume of Kino no Tabi as further volumes have been promised... and promised... and promised... and postponed... and postponed (etc etc).

The first volume was, as far as I can see, given universally glowing reviews, but I can only assume this has not been echoed in the sales figures - in the same way that the critically acclaimed anime based on the novels has never garnered the popularity of more in-your-face products.

It seems a sad fact that genuine quality has to work twice as hard to even hang on to the coat-tails of undemanding crowd-pleasers - but wasn't it ever thus?
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Sheleigha



Joined: 09 May 2008
Posts: 1673
PostPosted: Tue Jun 03, 2008 2:15 pm Reply with quote
darcerin wrote:
If we're going to point fingers, then point them first at the people who go in and read manga at the store, but don't buy (and I'm not talking one or two titles, I mean they do this EVERY chance they get).


Yeah I have heard of this too, and these peoples' comments tend to be proud of themselves -_-; I read people saying 'i r smart! i read books without paying! why buy when yu can sit and read IN the store?!' No way can I go into a bookstore and casually READ a whole book to myself there without buying it. This it what libraries are for. Not that there's any illegal threads attached but it's just... wrong... Heh, might as well set up seats in front of movies being displayed in stores so people could watch them and not buy the movie that is for sale there.

Thinking on scanlations in relation, I used to read them, but couldn't stand the loading time etc (flipping pages is quicker >_>). I'm also guilty of 'previewing online before buying' and yes in most cases once licensed I DO buy it (now I'm smart and wait for thinpacks though). Somewhat hypocritical I suppose, but I'm always trying to support the product when I can. >_>
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