Unable to find a buyer for 72-year-old Vermont Life, the state’s Agency of Commerce and Community Development announced Thursday that it will cease printing the quarterly magazine after its summer issue. Vermont Life‘s status as a state-funded publication had made its future a subject of debate over the past year, with state lawmakers estimating that it ran an annual deficit of around $400,000. The state sought proposals for a sale last September, but officials said they elected to maintain ownership after finding none of the offers to be satisfactory. Click Read More below for additional information.
Combined sales of comics periodicals and graphic novels in North America continued to climb in 2020, reaching approximately $1.28 billion, according to a joint estimate by pop culture trade news sites ICv2 and Comichron. The new estimate represents a 6% increase over 2019 combined sales.
ICv2 CEO Milton Griepp said that in the face of a global pandemic, lockdowns, and widespread economic dislocation, consumer demand for comics and graphic novels continued to grow. “The challenges of retailing in the pandemic had profound impacts on the market, including the acceleration of trends that have been in place for years,” he reported.
more at source: https://www.publishersweekly.com/pw/by-topic/industry-news/comics/article/86791-2020-north-american-comics-sales-grow-to-1-28-billion.html