Borders Bankruptcy Wallops Manga Publisher Tokyopop
For LA media job ad watchers, openings at Tokyopop for years were a mainstay of the local classified listings. The mid-Wilshire located company founded in 1996 always seemed to be on the upswing.
But the tide has turned, with Publisher’s Weekly taking a look today at some of the factors that led to a critical round of January layoffs. Despite a number of recent strategic partnerships and an aggressive pursuit of digital content, the failure of bricks-and-mortar chain Borders loomed larger:
“They owe us a significant amount of money,” said Tokyopop founder Stu Levy.
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