Wednesday, September 3, 2008

Wowio Starts Its Death Knell By Stiffing Creators

A couple of weeks ago, I reviewed the website not less than glowing review. Well, it appears that their business model is not working out for Platinum Studios like they may have hoped when they purchased the flagging website this past July.

CBR has posted an insightful piece about how the page rates have changed for the company, how those changes have affected the creators and some creators are getting payments late. In case you are new to the whole comic book industry, the recognition of late payments to creators is usually one of the first signs that a publisher is headed for the comic book graveyard much like former mid-level players like CrossGen and Speakeasy.

This article also gives another black eye to Platinum Studios. There were rumors and gossip that the publisher was having problems with paying creators. These rumors became full-blown facts when its late payments and contract squabbles with DJ Coffman and his creation, Hero By Night. And although the Coffman incident has somewhat subsided, the company is not viewed with a very positive light, which can't be good for sales.

So, while the eventual demise of may not affect the overall health of Platinum Studios in the short term, they may not be long for this earthly plane. And I do find it ironic that the faux sunrise that Wowio uses for their logo may actually be the headlight of an oncoming train for its creators and its parent company.

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