For one of my freelance jobs I've been reading nothing but articles on how the "digital revolution" is revolutionizing media. And how Wall Street itself is putting the squeeze on mega-corporations like Time Warner & NewsCorp to break-up or downsize their other sectors in favor of beefing up their online presence & capabilities.
Of course, the important question is:
How Does This Effect Comic Books?
How Comics Make Money Today
I just read in "Alter Ego" magazine that the DC comic book "Captain Carrot" sold 100,000 copies on a good day. Now only the hottest, most heavily-hyped comics reach that number.
At DC I remember some staffers referring to our editorial department as the "research and development" wing of Time Warner's entertainment division. This was not news to me. That's how management referred to Acclaim Comics in relation to its parent company several years before.
Any smart comics publisher, big or small, realizes that you cannot get rich off of comics alone. That without the licensing, the movie deals, etc., you aren't going to make the big bucks that will allow you to quit your day job or please your corporate parent.
But now there are some additional complicating factors.
Free Comics On The Internet
In the future there is going to be a heck of a lot more webcomics offered both by indies and the big players. In fact, for smaller publishers, webcomics might become the necessary initial route. But larger companies like DC & Marvel might also more heavily use the digital medium to distribute their titles.
Now, according to standard media analysis, the pay-for-read paradigm for online newspapers and so forth is dead. In order to compete, places like The New York Times & CNN must offer their news for free on the Internet.
I know Scott McCloud has written about "micropayments" in conjunction with webcomics but I really think that the future of comics online is free access.
So I might extend that and say that the future of comic books period is largely online and for free.
Then there is the matter of illegal downloads of comic books. Illegal downloads in general have reduced the worth of media across the board -- music, movies/TV, etc. A whole generation is growing up with the sense of entitlement that their entertainment media must be available to them free to download. I don't see this attitude changing; I think we've lost the "war" on this one.
So here is another "crazy" statement, take it as you will --
The future of media in general will largely be product offered for free on the Internet.
Survival of the Awesomest
So how will these companies make their money?
Advertising, licensing, movies, etc blah blah blah. AND pricey "collector's editions" for the best stuff -- trade paperbacks, hardcovers, slipcase editions, omnibuses, etc.
So what product thrives in this new environment?
THE BEST STUFF.
In the new online comic book marketplace, only the most original, thought-provoking awesome stuff will be able to distract readers from the billions of choices on the Net and garner the hits & exposure necessary to make money.
That's why there is a "gold rush" of sorts with the comic companies now to acquire intellectual properties, etc. -- an unheard-of call for submissions.
Which means that the market currently favors the INNOVATOR & the GENIUS rather than those who tow the same line with "safe," so-called "marketable" comics.
Which means that the sort of raving geniuses you see on webcomic sites like ACT-I-VATE and so forth are the ones who are going to benefit the most, who are going to be approached by agents and publishers and be the next "rock stars" of the industry.
Forecast For The Future
1. Less superhero titles from the major companies.
2. Stronger push by the majors to acquire "quirky" genius-level talent from indies & webcomics.
3. More inexpensive "Essentials/Showcase" reprints done on cheap paper.
4. Conversely, less expensive "Archive Edition" books. (though more ultra-expensive "prestige" editions of very popular arcs & stories).
5. Conversely, more aggressive "archives on DVD" programs. You'll probably start seeing a spike in this late '08/early '09.
6. The publishing wing of Time Warner breaking-off from the main company.
7. The DC "Zuda" initiative mutating from an "American Idol"-type contest to a standard online vehicle for both new & established titles. In time, Zuda will simply be an important part of mainstream DC's content delivery system.
8. Marvel developing its own webcomic site.
9. Everybody else developing their own webcomic sites.
10. DC & Marvel branching out into paid comic subscription services for mobile phones/PDAs/MP3s.
11. A temporary "gold rush" hysteria hitting comics similar to the Dot Com craze in the 90s. There will be a lot of people with big talk of venture capital, the millions that are going to be made off of webcomics & mobile. A lot of IPs acquired, talent searches, etc.
12. When DC & Marvel find their "level" in the webcomic/mobile phone world, you will then see an implosion where a lot of smaller, newer "venture capital"-type publishers might spontaneously combust.
13. More established book publishers will have "indie"/manga graphic novel wings, giving new and edgy artists options so they don't have to necessarily turn to mainstream styles and companies. The Big Two, DC & Marvel, will furiously compete with these book publishers for talent & have similar graphic novel programs.
14. A tremendous increase in diversity in comic creators, and diversity in genres.
15. More mandatory "synergy" between the publishers and movie/TV adaptations of their books.
16. "Rebooted"/"ultimized" versions of traditional comic book characters for online consumption by new readers.
17. And, within 10 years: a significant amount of DC & Marvel's monthly comic output being run exclusively on the Internet. Leading to the breakdown of the "monthly" format in favor of the weekly or even daily.
You know, when I see the postmodernist chaos that is "Countdown" or various permutations of the "Marvel Zombies" meme, I can't help but interpret it as an unconscious acknowledgement of this fundamental breakdown of "old media" & "old comics" to make way for...
THE WORLD THAT IS COMING!