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Platinum and Tokyopop drama continues

Oh boy, will the drama never end. Dylan Squires, founder of Drunk Duck — the webportal purchased by Platinum Studios, and a source of some of its thousands and thousands of potential movie franchises — has left Platinum:

I just want to let you all know that a short while ago I left Platinum Studios to pursue new opportunities. DrunkDuck has been great, and I hope under Platinum’s guidance it continues to grow and prosper.

Everyone is free to contact me of course, and I’ll drop in now and then, but I think it’s time I shift focus and really concentrate on my future.

Xaviar Xerexes moves in quickly to ask what and how:

Can you work on other webcomic projects now?

I’m not… sure. I’d probably take the cautious point of view and assume the sale contract includes a provision that prevents me from leaving drunkduck and starting something competing with it. If I, in my non-existant legal knowledge would put something like that in, i’m sure Platinum would as well.

Squires does mention he’s now working on a new start up project.

MEANWHILE, over at TokyoPop, Benjamin Ong Pang Kean shows that Newsarama can do a good job when they try with a huge round up of Tokyopop news including reactions from multiple creators:

Tokyopop, the manga giant and one of the market leaders of the past few years is, depending on who you listen to, going through some reorganization efforts, heaving and bucking as it sheds creators and projects, or circling the drain. The company has been a target of the blogoshphere for quite some time, given creators and would-be creators’ issues with its contracts, but most recently, the company announced a substantial reorganization and reduction in output for the coming year. The move left many creators’ projects homeless.

There is much, much praise for Tokyopop’s editorial staff, but also many many unanswered questions…developing.

UPDATE: Part Two looks at what’s going on with Tpop’s various OEL titles.

The post Platinum and Tokyopop drama continues appeared first on The Beat.

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