IDW New Publisher Placed on Administrative Leave

[Seraphim Prime]

Sounds like the Chairman already had a loan to IDW holdings and this arrangement removes that debt in exchange for assets - sole ownership of a subsidiary and shares.

The subsidiary being spun off seems like a weird component in the group of holdings, probably from an age when they were more invested in publishing products than creative products, and the spinoff allows them to focus on the creative side.

[SMHFConvoy]

At this point it's just speculation but it's either theft or harassment really.

[DELTAprime]

At this point it's just speculation but it's either theft or harassment really.

Sounds about right.

[reillyd]

I hope it doesn?t delay the publishing schedule. I want my comics!