Platinum
Oof. IDW's cutting 39% of its workforce.
Platinum
They're also delisting itself from the stock exchange.
Platinum
*themselves
Platinum
This is after they made some pretty big numbers off over the past few years
Platinum
Wonder how closely it's related to Hasbro pulling Transformers and GI JOE?
Platinum
But, yeah, the minimum to be listed on the stock exchange is a market cap of fifteen million dollars and, apparently, they've got less than half that.
Platinum
So we'll probably see TMNT, Sonic, and Star Trek (and the other franchise books) looking for new homes, soon.
i stay silly :3
oof 
i stay silly :3
too bad those comics all had good runs there
Platinum
Yeah, IDW had a good run, but it's gonna take a lot for them to pull themselves up.
i stay silly :3
is there any news on who's getting transformers next?
Platinum
Not that I've heard yet.
Platinum
Last I heard, one of the Image Studios sub-companies was looking to do it.
Platinum
Skybound, I think?
塔露拉·雅特利亞斯
i thought skybound had it, but hadn't yet been announced to be doing anything with it?
Roll Fizzlebeef
Yeah. Not sure what's going on with that now.
Platinum
Skybound was bidding on it, I'd heard, but no hard announcement.
塔露拉·雅特利亞斯
but god. oof. that's especially upsetting considering the upending that the sonic comics team already had to deal with.
Platinum
Yeah, I'd be just gutted if I were on the Sonic team.
Platinum
'specially since I don't know if Sega would be willing to try for a third home.
塔露拉·雅特利亞斯
yeah. i mean hopefully there'll be enough time before any plugs get pulled they can do a wrapup this time, at least
NekoIncardine
I had long thought IDW was part of Hasbro until now...
Platinum
They've had a long and fruitful relationship!
Platinum
I mean, up until the disaster of an attempt to create a Hasbro shared comic universe, but