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INTEREST: Tokyopop Founder Stu Levy on Reddit's "Ask Me Anything"


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RAmmsoldat



Joined: 19 Oct 2005
Posts: 1261
Location: North wales coast
PostPosted: Sun Mar 30, 2014 7:39 pm Reply with quote
Ugh, the day manga goes all digital is the day i stop paying for it.
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Kosaka



Joined: 01 Jul 2010
Posts: 239
PostPosted: Sun Mar 30, 2014 8:21 pm Reply with quote
Stu Levy also recorded a podcast on March 28, 2014.

Stu Levy and Tokyopop – A3K Radio
(interviewed by Sean Russell, taping date March 28, 2014):
http://www.anime3000.com/stu-levy-and-tokyopop-a3k-radio/

Stu Levy - A3K TV (YouTube version of podcast):
http://www.youtube.com/watch?v=i7zq9F4gw1k
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Dark Absol



Joined: 09 Dec 2009
Posts: 813
PostPosted: Sun Mar 30, 2014 9:00 pm Reply with quote
RAmmsoldat wrote:
Ugh, the day manga goes all digital is the day i stop paying for it.


Never liked digital manga, never will pay for it. :/ (coming from one doesn't own tablet/ipad/etc.)

Shouldn't TP have stayed in business since there's manga (physical) selling alot better online (rightstuf, robert's, etc.) than at any physical stores such as B&N, BAM, among many bookstores?
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phia_one



Joined: 15 Jan 2012
Posts: 1657
Location: Pennsylvania
PostPosted: Sun Mar 30, 2014 9:22 pm Reply with quote
Count me in among the crowd that won't bother with digital manga. I have an iPad but I just use it to save pics and for youtube. If I like something enough, I want to actually be able to hold it in my hands and not stare at a screen.
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Nemui_Nezumi



Joined: 08 Jan 2014
Posts: 343
Location: Europe
PostPosted: Sun Mar 30, 2014 9:39 pm Reply with quote
phia_one wrote:
Count me in among the crowd that won't bother with digital manga. (...) If I like something enough, I want to actually be able to hold it in my hands and not stare at a screen.


same here
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Shiroi Hane
Encyclopedia Editor


Joined: 25 Oct 2003
Posts: 7580
Location: Wales
PostPosted: Sun Mar 30, 2014 9:55 pm Reply with quote
Dark Absol wrote:
Shouldn't TP have stayed in business since there's manga (physical) selling alot better online (rightstuf, robert's, etc.) than at any physical stores such as B&N, BAM, among many bookstores?

That doesn't change the fact that they lost 1/3 of their regular income overnight as well as having to write off $1M in debts.
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GATSU



Joined: 03 Jan 2002
Posts: 15324
PostPosted: Sun Mar 30, 2014 9:56 pm Reply with quote
Some of these titles just don't have a choice, even if the manga market didn't implode. The audience ain't there for 'em.
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bones2039



Joined: 17 Jul 2008
Posts: 103
PostPosted: Sun Mar 30, 2014 9:58 pm Reply with quote
Maybe I'm too out of touch, but I still prefer actual paper to computer scans. There is something about the feel of flipping pages. I think there is still a market for people that want an actual book over a computer file.
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bones2039



Joined: 17 Jul 2008
Posts: 103
PostPosted: Sun Mar 30, 2014 10:06 pm Reply with quote
Shiroi Hane wrote:

That doesn't change the fact that they lost 1/3 of their regular income overnight as well as having to write off $1M in debts.


Well didn't that happen to all the other companies as well? When borders collapsed it hurt the market but isn't that just an easy excuse as to why Tokyopop failed in the end? Viz survived Borders. Did Tokyopop have a part in Borders? If they did, my local store never promoted there titles ahead of competitors. You would think that would have been something they would do.
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Sailor S





PostPosted: Sun Mar 30, 2014 10:39 pm Reply with quote
Apparently Tokyopop was getting by on much slimmer profit margins than Viz was, so the loss of 1/3 of their business, plus being saddled with $1M in unrecoverable debts was more than they could take.
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enurtsol



Joined: 01 May 2007
Posts: 14773
PostPosted: Sun Mar 30, 2014 11:21 pm Reply with quote
Sailor S wrote:

Apparently Tokyopop was getting by on much slimmer profit margins than Viz was, so the loss of 1/3 of their business, plus being saddled with $1M in unrecoverable debts was more than they could take.


And Viz is more than just manga, plus owned by big Japanese publishers.

Just depends on how much exposure a business has. For instance, a collapse of the disc video market would be survived by Viz too, but that'll kill bigger Funimation.
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partially



Joined: 14 Oct 2007
Posts: 702
Location: Oz
PostPosted: Sun Mar 30, 2014 11:36 pm Reply with quote
enurtsol wrote:
Sailor S wrote:

Apparently Tokyopop was getting by on much slimmer profit margins than Viz was, so the loss of 1/3 of their business, plus being saddled with $1M in unrecoverable debts was more than they could take.


And Viz is more than just manga, plus owned by big Japanese publishers.

Just depends on how much exposure a business has. For instance, a collapse of the disc video market would be survived by Viz too, but that'll kill bigger Funimation.


Perhaps, but the disc market is not going to collapse overnight, neither did books. The fact was Borders was a single company that went down, and TP had way too much tied up in it. Lessons learned, don't tie up the majority of your business in a single partner, it is not good for long-term health.
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Agent355



Joined: 12 Dec 2008
Posts: 5113
Location: Crackberry in hand, thumbs at the ready...
PostPosted: Mon Mar 31, 2014 12:12 am Reply with quote
^So, by that logic, making Hetalia (the only ongoing Japanese manga title you have a North American license for) available only via print on demand through Right Stuf isn't the best idea if you're trying to rebuild and grow a viable business.

Except who can really be sure that Tokyopop is genuinely trying to regrow their business? They have plenty of licenses (mostly for OEL), but besides for an Indigogo campaign for an anime and a Kickstarter campaign for a game, their not really doing anything. No answer in the AMA indicated any concrete plans to get back into manga publishing in North America. There website sells things like hoodies and tablet sleeves. It makes me so angry that the company is being kept alive to keep licenses viable when there are no real plans to make things *widely* available again.

And maybe their profit margins would have been bigger without that Greatest Otaku show and the Van Von Hunter movie?
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shamisen the great



Joined: 08 Jun 2010
Posts: 658
Location: Oregon, USA
PostPosted: Mon Mar 31, 2014 12:48 am Reply with quote
I actually like reading comics on my ipad. I primarily only buy books (Novels,comics, manga) digitally now. It saves a lot of space and I realized I rarely reread anything. I still like physical copies of blu-rays/DVDs though. I'm not sure why I feel different about books. I guess movies/TV series are just more important to me.
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GATSU



Joined: 03 Jan 2002
Posts: 15324
PostPosted: Mon Mar 31, 2014 1:58 am Reply with quote
Agent: I'm not sure if Stu is trying to rebuild Tokyopop. I think he's just trying to make a living off whatever he's got left.

Quote:
It makes me so angry that the company is being kept alive to keep licenses viable when there are no real plans to make things *widely* available again.


What do you want them to do about it? They lost most of the big stuff to the competition, and they're lucky they got anyone still buying anything from their catalog at all.

Quote:
And maybe their profit margins would have been bigger without that Greatest Otaku show and the Van Von Hunter movie?


No, I'd say if they didn't bet it all on Princess Ai, they'd still be viable.
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