The end of an era indeed. Come this May, Tokyopop, one of the original manga publishers is shutting its doors in the US. What started as a bright promise back in the late 90's with MixxZine, bringing us Sailor Moon and Magic Knight Rayearth quickly grew into a Manga conglomerate bringing us titles like Chobits, Initial D, Cardcaptor Sakura, Fruits Basket, Trinity Blood and many others, including manwha and original English language titles.
Trouble with Kondansha back in 2009 when they lost some of their most popular licenses, strong competition leading to a loss of 20% of their market share, and declining sales have all contributed to their downfall.
, Founder and President Stuart Levy wrote of the company's history and summed it up:
Fourteen years later, I’m laying down my guns. Together, our community has fought the good fight, and, as a result, the Manga Revolution has been won–manga has become a ubiquitous part of global pop culture. I’m very proud of what we’ve accomplished – and the incredible group of passionate fans we’ve served along the way (my fellow revolutionaries!).
Their German language branch which handles international publishing will remain open, and they will announce the future of specific titles in the coming weeks.