Amazon to buy digital comics company

Associated Press

7:20 am | Friday, April 11th, 2014

SEATTLE – Online retailer Amazon said Thursday it’s buying digital comics company comiXology for an undisclosed sum.

Amazon said the acquisition will help it offer more and better digital comic books and graphic novels.

Founded in 2007, comiXology offers digital comic books from more than 75 publishers, including industry giants Marvel and DC, plus independent creators. ComiXology’s headquarters will remain in New York.

Shares of Amazon.com Inc. fell $14.79, or 4.5 percent, to $317.amid a broader market sell-off.

The Dow Jones Industrial Average ended the day down 267 points or 1.6 percent.

Follow Us

Other Stories:

Invite all SE Asian nations to Pacific pact, says PH finance exec

ICTSI to operate Iraqi port

IBM buys Internet marketing firm Silverpop

Toyota recalls 6.39 million vehicles worldwide

Recent Stories:

Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines.

Tags: Amazon , Business , comics , comiXology , digital comics

Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:

c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City, Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94

seo tools