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#not great!
tailschannel · 1 year
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Significant cuts hits IDW's parent company in a self-described "reset"
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IDW Media Holdings, the parent of IDW Publishing (the company behind the Sonic the Hedgehog comics), announced major cuts in an effort to unlock financial stability.
The company terminated their New York Stock Exchange listing, shook up senior management, and slashed entire promotional and editorial departments - around 39% of its workforce.
The newly-appointed CEO characterized the axe drop a "reset."
Background
There's no other way to describe it, the cuts at IDW are significant.
The axe drop was in direct response to a poor balance sheet in a tough economic environment. IDW suffered greatly during the COVID-19 pandemic, and non-publishing segments (like direct-to-consumer games) continued to illustrate repeated quarterly losses.
It's no secret that IDW experienced cash flow issues and various others financial challenges, even though the comic books in particular (like IDW Sonic and TMNT) are significant revenue generators.
The company hopes that these cost-cutting measures will provide $4.4 million USD in estimated annual savings.
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The impacted
Marketing, public relations, and editorial at IDW were impacted by today's announced cuts.
Comicsbeat reported that the entire marketing and PR departments, and half of the editorial team, got the axe, with more specific details yet to come. That's 39% of the total workforce.
At press time, @idwsonicnews told us that Shawn Lee, a "designer and letterer on many IDW titles", were among the laid off. He tweeted, "whelp, I'm officially a freelancer now."
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Meanwhile, senior management got a shakeup. Former chairman Davidi Jonas replaced Allan Grafman as Chief Economic Officer. Chief Financial Officer Brooke Feinstein was ousted, and Amber Huerta was promoted to Chief Operating Officer.
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IDW also voluntarily delisted their Class B common stock from the New York Stock Exchange, the largest trading venue in the world; and suspended their reporting status to the U.S. Securities and Exchange Commission. The company hoped that this will "reduce pressure on limited resources and the Company’s current inability to realize many of the benefits."
Okay, what about IDW Sonic?
Deep breaths.
At press time, there's nothing we know that flags an immediate concern for the IDW Sonic comics. However, as this is a developing situation, and the long-term outlook is uncertain, the forecast can change.
Even though it, and other comic book franchises (TMNT, etc.) continues to generate significant revenue to the publishing unit, IDW will have to enact more critical decisions to remain financially sound.
IDW Sonic editors David Mariotte and Riley Farmer have yet to officially acknowledge the parent company's announcement, but both "retweeted posts related to the layoffs," @idwsonicnews told us.
We have reached out to IDW Publishing for further comment.
(Updated Friday 11:00 pm ET)
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slicedblackolives · 3 months
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btw it took 4h35 min for my asthma meds jitters/anxiety/palpitations to stop. if you're wondering how i'm doing
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chain-chomp · 2 years
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Gamefreak make better games challenge
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getvalentined · 11 months
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I think @staff should allow everyone to nuke one of their own posts per year they're on the platform. We know it's possible (although I can't imagine it's particularly simple in how it's actually done), but I just think that everyone should be able to completely wipe one of their own posts and all proceeding reblogs from the site.
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thyknife · 11 months
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xo
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arcxnumvitae · 9 months
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@soulsxng Well the instance in that moment was of him torturing, killing, and displaying the bodies of some people who had poisoned Bal so the answer is…sort of?
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dnickels · 8 months
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The answer to almost all the dysfunction at work is "a larger budget to hire more personnel", which just isn't happening, and in lieu of that whenever I try to report a safety issue the usual response is "well, we could give you a gun". A little microcosm of our current moment
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kitc0nn0r · 8 months
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How you doing today, hot stuff?
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“when I got on testosterone, the people around me started acting like it was a ticking time bomb for me to turn into an evil man. this is transandrophobia”
but do they treat the cis men around them like that? do they beg cis men to get testosterone blockers and start taking estrogen to appear less threatening? They’re not saying this to you because you’re a man, they’re saying this because they think you’re a woman and they think women aren’t supposed to have testosterone.
They feel threatened by you in the same way they feel threatened by masculine women, that you’re not fulfilling your duty in the patriarchy and that’s the scariest thing to them. You are experiencing both misogyny and transphobia
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Ohhhh my god
So like. I thought it was just raining out but no. It’s storming 😵‍💫😵‍💫😵‍💫
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valliass · 1 year
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I'm really hoping bravely default pulls a fast one on me and changes the direction of the plot because right now the story really is just "atheism bad"
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jungwookjins · 2 years
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besties, jesties, mewchuals how are u guys, i hope ur all having a good evening mwah <33
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lttleghost · 2 years
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thank you for everything you do for transfem jesse it means so much to me
it's all my pleasure really!! I love talking about transfem Jesse, there's so much to it as an analysis, and it's nice to have his transness being an active part of his character arc and Breaking Bad’s dealings with gender in general, and it's so like... happy for him as well cause god the idea of "manhood" has been a significant factor in the trauma he's experienced and the times we've seen him at his happiest is with women
here's some additional thoughts/headcanons I haven't posted about I don't think, all MOSTLY specfic to my particular personal headcanon for Jesse but I wanna share:
I think Jesse already having a look thats pretty similar to some other butch lesbians would be a pretty big confidence boost, I think he'd have some insecurity about being no-med no-op along with using he/him pronouns a lot of the time, and especially since the whole "gender is a social construct" thing is new to him he'd have that sort concern on wether or not he's "allowed" to be trans, so knowing about the existence of or even meeting other gnc feminine identifying people would be really helpful, especially other gnc transfem people. I ALSO think knowing that there are even cis women or at least afab fem-aligned people that go on testosterone could also really help solidify that it's okay for him to be trans without medically transitioning, because if there are women who are willing to invest in medical transition to be more like him then he has even more confirmation that it's fine to stay the way he is
oh and then speaking of being butch I do think Jesse still prefers mostly feminine terms which I just mention since at least some butches will use things like "boyfriend" for themselves but I think Jesse would still use "girlfriend" and pretty much all feminine terms, the only masculine term I think he still likes is "gentleman"... I have no explanation as to why I think he's still okay w/ that one that I know how to articulate
I think for at least a pretty long while very feminine clothes like dresses and skirts are something he doesn't typically go out in public wearing, but he does often wear them at home around whoever is lucky enough to end up as his partner (I totally don't picture myself in that role what are you talking about hahahaaaaaaaa)
I believe his lovely long eyelashes give him a lot of gender euphoria, and that mascara becomes the makeup that he most consistently wears since it makes them more visible from different angles
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LIKE SERIOUSLY THOUGH LOOK AT THOSE LASHES
I'm really honestly sad this analysis isn't super popular. while people do have a right to project and have Jesse as their own gender goals, for those who aren't projecting the fandoms preference for transmasc Jesse relying much more on looks without delving much deeper into her character and how BrBa deals w/ gender and considering other ways of her being trans is... frustrating. AND MUCH WORSE is things like when those same people who often claim Jesse is "obviously transmasc" b/c of how she looks also do observe her connections w/ women and reason that it's specfically evidence Jesse is afab and transmasc which... yay! (hopefully mostly accidental) bioessentialism! and even ppl who project should still be aware of the unpleasant connotations of interpreting Jesse's connection to women as ONLY evidence that she's transmasc
I don't think most people are being malicious, and I definitely don't think the transmasc Jesse headcanon should dissappear, but there is something to discuss about the difference in attention and treatment transfem vs transmasc Jesse gets (espec b/c if we're being truly honest egg Jesse is really the only trans interpretation of Jesse that could actually be canon, tho that does still technically cover A LOT of possible specfic identities, it just does exclude transmasc)
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charlieslowartsies · 2 years
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when you’re searching for a new vehicle and the cons for the models you like are aspects of your ride you already deal with or don’t mind. Those critiques are nice to read (and absolutely valid for those people!) but it’s soo gratifying to be like “oh, this isn’t a big con for me, great!”
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georgebbwbush · 2 years
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Welp I just opened this fortune cookie and there was nothing inside so it's been nice knowing all of you lmao
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gotyouanyway · 2 years
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actually in survival mode so i’m more or less managing to eat and shower and do chores but i’ve barely spoken to anyone outside of work in like 4 days or done any of the other things i need to do :| not even thinking about that stuff really
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