Publishers Weekly reported layoffs last week at several comics companies.
Diamond Comics Distributors, the “biggest distributor for periodical comics and graphic novels in North America,” laid off 13 people, and “some remaining staff and management were asked to take a pay cut.” Diamond COO Chuck Parker said, in a letter, that the cuts were a result of a 4% drop in sales last year, along with projected drops this year.
DC Comics laid off editor Bob Schreck, who had been with the company 10 years and worked on, among others, Grant Morrison’s All-Star Superman. There were also layoffs in the magazine division, including at MAD Magazine, which another source reports will cut its schedule from monthly to quarterly.
And Top Cow Productions, an imprint of Image Comics, announced that Editorial Vice President Rob Levin and Vice President of Sales and Marketing Mel Caylo are leaving the company.