51-year-old comic book brand files Chapter 7 bankruptcy, liquidating
NegativeFinancial Markets

A well-known comic book brand has filed for Chapter 7 bankruptcy, signaling a significant shift in the industry despite the rising popularity of comic book characters in films. This move to liquidate comes at a time when the North American comic book market is projected to grow from $1.36 billion in 2024 to $2.39 billion by 2030. The brand's closure highlights the challenges traditional comic publishers face in adapting to changing consumer preferences, even as the market expands.
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