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Comics A.M. | Borders lays out refinancing plan; who’s buying digital comics?

by  in Comic News Comment
Comics A.M. | Borders lays out refinancing plan; who’s buying digital comics?

Retailing | Executives from Borders Group reportedly told a group of publishers on Thursday that the struggling bookseller is close to securing refinancing from GE Capital and other lenders. However, one publisher remained unconvinced the plan could turn the company around. The meeting was the latest between the bookstore chain — the second-largest in the United States, after Barnes & Noble — and major book publishers that began late last month, when Borders announced it would delay payments to some publishers and distributors. That news led Diamond Book Distributors last week to suspend shipments to the retailer. Borders also confirmed on Thursday that it has eliminated 15 managerial positions: nine regional merchandising managers, four event-marketing managers and two district managers. [The New York Times]

Retailing | Diamond Comic Distributors announced it will again hold its annual Retailers Summit in conjunction with the Chicago Comic and Entertainment Expo. The event will begin on March 17 with retailing workshops, publisher focus groups and an opening-night reception, followed the next day by the keynote breakfast and platinum-sponsor presentations. [Diamond Comic Distributors]

Digital comics | David Brothers takes a closer look at comiXology’s bestselling comics of the year, two lists dominated by creator-owned titles: “So, who’s reading digital comics? I think it’s fair to say that the answer to that question is ‘Not the same people who shop at Direct Market comic shops’.” However, Tim Stoltzfus asserts the lists are “practically meaningless” because, like The New York Times bestsellers lists, they don’t provide hard data. And that’s just for starters. [Comics Alliance, More Fun Comics and Games]

Digital comics | Warren Ellis points to Brett Jackson’s detailed plan for selling e-books and digital comics to devices without the assistance of Apple, and declares that it “might be fucking brilliant.” [Massive Sqwertz, Warren Ellis]

Creators | Cartoonist Gene Luen Yang responds to a Wall Street Journal excerpt of Amy Chua’s book Battle Hymn of the Tiger Mother with a four-panel comic titled “Adventures in Chinese Parenting.” [Speakeasy]

Creators | Brian Truitt talks to artist Tony Shasteen about the upcoming Top Cow miniseries Netherworld. [USA Today]

Creators | Speed Bump creator Dave Coverly discusses his 10-day tour of U.S. military bases in Kuwait and Iraq, coordinated by the National Cartoonists Society and the USO. He was one of 10 American cartoonists who participated. []

Comics | John Geddes spotlights the 11-page suicide-prevention story that appears Marvel’s I Am An Avenger #5, in stores this week. The story can be read for free at [USA Today]

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