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

January 5, 2006

The Corpse in the Corner of the Room

Like some strange horror film, various people in comics seem to have come to the conclusion that the distributor FM International is more than likely dead, even though no one seems to be able to properly locate the body and kick it several times to see that it won't get up. About six weeks ago, when a client complained about lack of phones being answered and some overdue bills, I was assured after speaking with several customers of the distributor that everything was relatively normal in their business relationships with the distributor. The unspoken understanding, of course, is that most businesses in trouble are going to assure as many clients as possible that everything's okay for as long as it's possible to do so. But if rumors in comics about sick businesses always turned out to be true, DC would own Marvel right now.

Today, in addition to some people not having bills paid, several other companies admitting to monitoring the situation closely without a direct complaint, and yet another company getting material returned and deciding to end their business relationship with FM, we have an almost matter-of-fact death notice made in a column and an e-mail flurry this morning. A lot of people are going to put on boots and stomp around the room today, so confirmation one way or the other will likely be forthcoming.
posted 7:54 am PST | Permalink

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