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Amazon acquires comiXology, a digital comic provider

Amazon boosts its digital comic business by acquiring comiXology (NASDAQ:AMZN)

| Business, Financial & Legal News | Posted: Apr 11, 2014 4:27 am

Amazon has just announced it is acquiring comiXology, a digital comics platform. There's no details available on what Amazon shelled out for the company, but comiXology was one of the best places to source comics from, so it makes sense for Amazon to bolster its comic business.

 

TweakTown image news/3/6/36967_03_amazon_acquired_comixology_a_digital_comic_provider.jpg

 

ComiXology said: "ComiXology's mission is to spread the love of comics and graphic novels in all forms. There is no better home for comiXology than Amazon to see this vision through. Working together, we look to accelerate a new age for comic books and graphic novel". Amazon's Vice President of Content Acquisition and Independent Publishing, David Naggar, said: "Amazon and comiXology share a passion for reinventing reading in a digital world. We've long admired the passion comiXology brings to changing the way we buy and read comics and graphic novels. We look forward to investing in the business, growing the team, and together, bringing comics and graphic novels to even more readers".

 

No one knows what is going to happen in the immediate future, but we should see Amazon make a move in the comic space this year thanks to the acquisition of comiXology.

NEWS SOURCE
Androidcentral.com

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