Posted in: Comics, Digital, Recent Updates | Tagged: amazon, Comics, comixology, digital, entertainment

Is ComiXology For Sale? Could Amazon Be The Buyer?

Published Thu, 27 Mar 2014 09:01:36 -0500

Last updated Thu, 27 Mar 2014 09:04:53 -0500

Bleeding Cool has been hearing rumours from senior comic book industry figures, who expect a sale to go through for digital comic distributor ComiXology in three to six weeks.

ComiXology has an effective monopoly on the digital sale of many popular comics on a number of platforms, but a recent departure of many senior figures and a number of exclusive distribution contracts coming to an end have caused some to wonder what its next move would be.

The answer seems to have been to expand internationally with India, China and much of Europe and South America being especially receptive. While much of the revenue goes to the publisher and to Apple, it should be pointed out that ComiXology is repeatedly the No. 1 gross revenue app on iOS, especially on Wednesdays.

But who would buy such a company? Well, the second part of this rumour, which suddenly gets a lot hazier, is that the buyer could be Amazon. They already distribute comics digitally through the Kindle – directly and also via ComiXology. There has been some competitive ruckus between the two in the past, and this would smooth that over instantly. And this also might create an effective digital comic book monopoly.

ComiXology representatives declined to comment.

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