- Posted by Johanna on March 10, 2006 at 2:36 pm
- Category: Comic News
It’s been rumored all year, but now it’s official: distributor FM International has closed. No announcement, just a disconnected phone line and website. Now there is no direct market new-comic distribution competition for Diamond.
Update: Tom Spurgeon makes the point that:
Businesses that depend largely, or in this case solely, on maintaining their credibility as viable, active entities have every reason to conceal bad news — a distributor confirmed to be going out of business will be shut off immediately.
In other words, once the rumors started, FMI may have had no hope.