Tagged: Business

Frazetta break-in update

Frazetta break-in update

Continuing from our earlier article: Frank Frazetta’s son breaks into father’s museum using backhoe, attempts to take $20 million in paintings

See this? It’s Frank Frazetta’s “Berserker”, used as the cover to Conan The Conqueror. It hung in the Frazetta Museum for ten years until about a month ago, when it was sold to a private collector for one million dollars.

That link is interesting, because it also mentions that Frazetta contradicted himself at times… so if he told his son to get the art and then later said he didn’t, well… that could put his son’s words in a new light.

Heidi MacDonald has been doing great work on this story, and she adds a connection I didn’t make: one of the people who assisted in the break-in was Kevin Clement, who lived next door to the Frazetta museum. Clement is a familiar figure to east coast fantasy fans are the organizer of the Chiller Theatre Expo horror conventions held twice a year in New Jersey. Clement, it is important to note, has not been charged with any crimes.

She also reports:

Over the years Frank Frazetta Sr. has held on to his artwork,
refusing huge sums to sell such iconic works as his Conan covers.
However, after Ellie’s death, Frazetta’s three other children, Heidi,
Holly and Bill retained art dealers Robert Pistella and Steve Ferzoco
to start handling the artwork, licensing and other business matters.
The two formed Frazetta Management Corp. and the way Frazetta’s art was
being handled began to change — in November for the first time one of his legendary Conan covers was sold for $1 million. Not chump change and just the beginning of a likely goldmine.

It’s not exactly a secret that there are a lot of legal questions regarding Frazetta’s iconic artwork — the Frazettas had a legal entanglement
with David Spurlock/Vanguard productions, for instance. With mentions
of a family lawsuit, and other infighting it’s clear that just how to
run the family business has become a matter of contention to the point
where a backhoe was brought in.

This story is just getting started, I think.

So let me ask all the creators who are reading this: have you updated your will yet? How about your power of attorney? When writer John M. Ford died, Neil Gaiman was extra saddened to discover that his good friend and favorite writer had not made out a will to deal with his literary estate. So he went and commissioned a simple boilerplate will that anyone could use so no one would have to suffer this grief and creators’ works would be handled the way the creators would want.

Powerpoint advice from the Incredible Hulk

Powerpoint advice from the Incredible Hulk

This is the week for angry business stuff here, isn’t it? Yesterday, we had Evil Inc. and Fox Business News, and today we have advice on preparing your business presentations from the Incredible Hulk:

  • Showcase hidden strengths
  • Find something to care about
  • Don’t overdo it
  • And for heaven’s sake, stay calm:

Whether you are the unfortunate victim of a gamma radiation overdose
or just a guy trying to pull off a great presentation, the rule is the
same: Chill out! Things are going to go wrong. Outlets aren’t going to
work. You will forget your extra batteries on the day when your
batteries finally die. Yes. Your fonts are beautiful – and unfathomably
tiny. Here’s an idea: live, learn and laugh. You can’t prepare for
every factor that will mess with your perfect presentation. That’s why
should always be preparing to present the imperfect one. Trust me, throwing the lectern through the wall will solve nothing.

Personally, I always use Jedi skills when giving business presentations. They always work well on the weak-minded.

San Diego Comic-Con Tips, plus one or two extra

San Diego Comic-Con Tips, plus one or two extra

It’s that time of year again, the time when San Diego Comic-Con goers, grizzled veterans and fresh faced newbies alike, are reading Tom Spurgeon’s 100 tip list and seeing if they forgot anything. Tom’s list is long enough this year to qualify for a novella, but is either the most or second-most useful piece of reading for the con, right up there with the program schedule.

That said, Tom missed a few tips:

Keep your cell phone on vibrate. At all times. You may not be able to hear it ring on the main exhibit hall floor or any late night bars, and you will disrupt a panel if it rings there. Better: when possible, text a message instead of calling– again, because ambient sound levels where you are may be too high to hear anything or because they should be very low.

When asking a question at a panel, if it’s too long to put in a Twitter message, it may be too long to ask. Consider rephrasing.

And you have no excuse for not having a business card. No matter who you are. They’re cheap, easy and quick to get. You don’t have to go crazy on one, but you do have to have something. You never know when you’ll need one– buying a drink for a Playboy Playmate, for example. At worse, buy blank cards and prepare to write your name a lot– but write a few in advance, for speed’s sake.

Eleanor Frazetta, 1935-2009

Eleanor Frazetta, 1935-2009

Eleanor ‘Ellie’ Frazetta, the wife of celebrated artist Frank Frazetta, passed away today after a courageous one-year battle with cancer.

Eleanor Kelly was born in Massachusetts and moved to New York where she married Frank in November, 1956. She acted as his business partner as well as his lifelong companion. Known for her feisty personality as well as her intuitive business acumen, she was instrumental in successfully establishing record prices for Frank’s work throughout her life.

She is survived by her husband Frank, her four children, Frank Jr., Billy, Holly and Heidi, numerous grandchildren, and many friends.

A public memorial is planned and details will be announced shortly. In the meantime, the family requests privacy.

Our condolences go out to the Frazetta family.

UPDATE: We originally listed Mrs. Frazetta’s birth date as 1956. We regret the error.

ComicMix Quick Picks – what day is it? March 32nd?

What it’s been like here recently…

cartoon from www.weblogcartoons.com

Just way too much stuff to go through, and we’ve been very busy with the print announcement and rushing to get things ready for the Previews catalog, and I have dozens of tabs open to blog about and consolidate. Wheeee!

So this will be more of a high-speed link dump from the last few days. Onward:

  • The cast and crew of Battlestar Galactica at the United Nations – "We are all Cylons. We are all Colonials." Alex Epstein’s take on the last episode of BSG: Seriously? That’s What You Got? My favorite comment on the finale, from Sabrina: "There can be no more spoilers for BSG, because they spoiled it themselves."
     
  • Don’t forget tonight’s Family Guy/Star Trek The Next Generation crossover.
     
  • Non-comics link of the day: John Mellencamp on The State of the Music Business:
    Over the last few years, we have all witnessed the decline of the music business, highlighted by finger-pointing and blame directed against record companies, artists, internet file sharing and any other theories for which a case could be made. We’ve read and heard about the "good old days" and how things used to be. People remember when music existed as an art that motivated social movements. Artists and their music flourished in back alleys, taverns and barns until, in some cases, a popular groundswell propelled it far and wide. These days, that possibility no longer seems to exist. After 35 years as an artist in the recording business, I feel somehow compelled, not inspired, to stand up for our fellow artists and tell that side of the story as I perceive it. Had the industry not been decimated by a lack of vision caused by corporate bean counters obsessed with the bottom line, musicians would have been able to stick with creating music rather than trying to market it as well.

    Hmm– maybe it is a comics link after all.

  • ‘The Phantom’ will be on SciFi or SyFy or whatever they’re calling it. Impress me: get Billy Zane to do cameos.
     
  • Speaking of SciFi’s name change: SciFi Founder Hates Syfy, Issac Asimov would have hated it, and yo9 for the win.


  • Dharma wants you… since the 70’s apparently.
     

Anything else? Consider this an open thread. (Cartoon by Dave Walker. Find more cartoons you can freely re-use on your blog at We Blog Cartoons.)

ComicMix QuickPicks – January 16-18, 2009

ComicMix QuickPicks – January 16-18, 2009

The weekend wrap-up of comic-related news items that might not generate a post of their own, but may be of interest…

* Tom Mason interviews Dan Thompson about his new strip RIP HAYWIRE at Comix 411.

* The Comics Reporter: Dan Vado on the recent changes at Diamond:

…the thing that slaps us up in the face most is the raising of the Purchase Order benchmark to $2500. What that means is that every book needs to generate $2500 of revenue (that would mean a little over $6000 in sales at retail based on the discount we give to Diamond) in order to be listed with Diamond. That does not mean that Diamond is going to cancel or not carry books which appear in the Previews but do not reach that benchmark, but it does mean that if you have a line of books which consistently do not meet that mark, you will not be getting your books listed in the Previews for long…

…what few books we published as floppies will probably not ever see the light of day. While a first issue might sell well enough to meet the benchmark it is more than likely that everything from a second or third issue on will not. Again, I think your average reader might be shocked at how poorly some comics sell. So, if you’re a small publisher or a self-publisher and your plan is to release a mini-series and then collect it as a trade, those plans might change.

It’s a tough spot for everyone to be in. Diamond is in essence asking everyone to sell more in a recessionary environment or find themselves out of the catalog. Short term, a lot of publishers are going to find themselves with no distribution.

Read the whole thing.

* And while we’re getting depressed on comics economics, we have Ilan Strasser of Fat Moose Comics and Games on the Current State of the Comic Market. Via ICV2. Also, who says the Book Business Is Dead? Why, Jason Epstein does… here’s his Autopsy of the Book Business. I’d be slightly more worried if Jason hadn’t been calling the alarm for 15 years… on the other hand, it doesn’t mean he was wrong then or that he’s wrong now.

* It gets even uglier: Anderson News Warns of ‘Implosion’ in Mag Business:

Magazine distributor Anderson News CEO Charlie Anderson is warning of an “implosion in the business” as his company attempts to impose new charges on magazine publishers, according to a report in Folio. Anderson, which represents over 20% of magazine distribution in the U.S., is demanding that publishers pay an additional $.07 per copy distributed (gross, not net of returns) to return magazine distribution to profitability for his company.  “The business has not been profitable and has not been for a very long time,” Anderson said.  “What we are trying to do is give some stability in the channel.  Short of that, there will be an implosion in the business.”  Anderson says he believes that three of the four magazine wholesalers that distribute magazines nationwide are unprofitable.

* Even uglier than that: theBookseller.com reports that book sales were discounted by nearly a billion dollars in England last year.

* Can it get even worse? According to Tom Spurgeon, yes: more newspapers can fold– the Minneapolis Star Tribune just filed for Chapter 11 bankruptcy– or they could just cut back on their comics sections. And we haven’t even heard about bookstore returns.

* Exhibits examine ties between Jews and comic books — although it amazes me that I find out about an exhibit at Brown University in Providence, Rhode Island by reading a newspaper web site in Richmond, Indiana.

* Sir John Mortimer, the creator of Rumpole of the Bailey, has died.

Anything else? Consider this an open thread.

BCI Eclipse Being Shut Down

BCI Eclipse Being Shut Down

Navarre Corporation announced Thursday that BCI Eclipse Company, its wholly-owned subsidiary, will shut down its licensing operations in connection with the implementation of a restructuring plan. This restructuring will include a workforce reduction, a write down of assets and the incorporation of BCI’s exclusively distributed DVD business into the company’s distribution segment.

Fans know BCI through their releases of material from Filmation’s vaults including He-Man, She-Ra, BraveStarr, Isis, The Original Ghost Busters, Space Academy, Jason of Star Command and Ark II. Much of the supplemental material was put together by writer/historian Andy Mangels, which earned kudos from around the industry.

The fate of BCI’s recently announced titles, including Andy Barker P.I., Tattletales and What’s My Line? remains unclear.

Cary Deacon, Navarre’s Chief Executive Officer, commented, "To deal with the effect of the recession, we are moving quickly to decrease expenses in all areas of our business. BCI’s operations have been unprofitable for the past two years. Although strides have been made this year to improve operating results, it has been mainly due to the strength of BCI’s exclusive distribution business. Rapidly changing conditions in the licensed and budget DVD markets during this holiday sales season have prompted us to make more fundamental changes. In response, we are closing BCI’s licensing unit in order to position our overall business for enhanced financial results upon the improvement of macro economic conditions."

Deacon continued, "We continue to be very excited about the DVD content that will now be exclusively sold and marketed through Navarre Distribution Services. These changes will allow us to focus our efforts on growing the sales of the DVD content that is most appealing to our retail customers and consumers. Mr. Bob Freese will be the executive in charge of this restructuring and will be responsible for the smooth transition of our BCI distribution partners."

The company indicated that its financial results for the fiscal 2009 third quarter, ending December 31, 2008, will include a significant charge related to the impairment of the carrying value of certain balance sheet assets and in connection with severance costs. This restructuring is expected to be substantially complete by the end of January 2009 and is a part of the company’s strategy to reduce its overall cost structure.

8 More Laid off at TokyoPop

8 More Laid off at TokyoPop

Editor Bryce Coleman was among the eight people laid off by TokyoPop last week. Positions were eliminated from around the company.

The other staff cuts were from around the company. The move came in response to the bad economy. “It’s one of the worst selling periods in history,” marketing director Marco Pavia told The Beat. “We’re trying to be responsive to the new realities, and unfortunately some very talented people have been cut.”

In reaction to both a softening booktrade market for manga and the reduced staff size, the 2009 schedule is being retooled with series releases being spread further apart.

He emphasized that “Tokyopop is still in business, and we are still focusing on our core business.”

Piñata Games Names Chief Executive Officer

Piñata Games Names Chief Executive Officer

Piñata Games has named Justin Ziran as its Chief Executive Officer according to ICv2.  The company was founded in an attempt to buy HeroClix from Topps and is staffing while raising cash to make a formal offer.

Ziran is an experienced game exec, having worked in brand management and executive positions at WizKids, Wizards of the Coast, and Upper Deck, was most recently the Managing Director of business operations at WizKids.
 
Ziran’s wide-ranging experience in the gaming business encompasses such major brands as Dungeons & Dragons, Magic the Gathering, Pokémon, Vs. System, and WizKids’ Pocket Model line.

Lauren Shuler Donner Ready to Begin ‘Magneto’

Lauren Shuler Donner Ready to Begin ‘Magneto’

Producer Lauren Shuler Donner told Indie London that X-Men Origins: Wolverine is “very good. I’m very pleased with it. It’s very much an origins story. It’s very much in the tone of the first X-Men.”

As for the next Origins project, she said, “We have a great script on Magneto. I’ll tell you the honest truth… I’ve made four movies this year and I was so busy that I didn’t at all talk to the studio while making Magneto because I couldn’t have done it. And David Goyer, who wrote and is going to direct it, also did another movie. So now, he’s done with his and I’m done with two of mine, so when I get back that’s my first order of business to say: ‘Come on, let’s go and make Magneto’.”