Tom Spurgeon's Web site of comics news, reviews, interviews and commentary

October 5, 2009

Missed It: Wowio Declares Intent To Start Paying Those Leftover 2008 Bills

I totally missed this story at Rich Johnston's Bleeding Cool about a declaration of intent through a series of private correspondence from new Wowio owner Brian Altounian to pay leftover second quarter 2008 bills due a number of vendors. Johnston rightly points out that the inability to pay came from the fact that previous payments were left to venture capital rather than tied into more reliable income sources. It's a little distressing to hear the assertion that the payments may encourage people to start working with the company again (and of course some never left) but a little money goes a long way in the wide-open field that is finding new comics platforms.
posted 4:20 pm PST | Permalink

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