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September 25, 2008


Original Management Team For Virgin Acquires Those Properties For Itself

There's a press release out there that indicates the original Virgin Comics management team of Gotham Chopra, Sharad Devarajan and Suresh Seetharaman has purchased the Virgin Comics asset and placed them under a new company called Liquid Comics. This make sense and seems to me a pretty clearly self-evident story: these are the people that really believed in the potential for what Virgin was doing as a way to develop a ton of distinct properties, and now they're set up to do that kind of development without the corporate expectations that would come partnering with Virgin. For one thing, they can put some comics on-line or skip that step altogether instead of trying to gain a foothold in the largely hostile-to-outsiders Direct Market. That has to be a relief.
 
posted 8:00 am PST | Permalink
 

 
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