Would you please say what you think is the most likely time is?
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Do you have any idea why it has not happened yet?I am quite surprised that nobody was announced before IDW lost theirs, just for the sake of having someone to sell the old books if nothing else.
But given that didn't happen all bets are off, we might not know for a while.
What do you mean by investors call?My guess it will be on a Transformers Tuesday or a investors call or something, they'll make a show and dance about it, but we'll see
If I had to make a guess, I'd say that Hasbro would want to make an announcement at as major a venue as possible. Either a Transformers Tuesday on the Hasbro Pulse Youtube channel...or the next San Diego Comic-Con. Though given the latter has declined slightly in the wake of the pandemic, I'd put more money on the former.Would you please say what you think is the most likely time is?
Why wait for the IDW contract to end?I imagine Hasbro was just waiting until the IDW contract to expire before talking about what's next, so I'm expecting to hear about it sometime in the next few months. That said, the rumors say they were talking with Skybound, who had a pitch Hasbro was interested in, but we haven't really heard any rumors beyond that, which is odd. You'd think even a "the deal is signed" rumor would have leaked.
My crazy conspiracy theory (totally pulled out of my butt) is that Hasbro, who has been on a money-grubbing tear lately, jacked up the price of the Transformers and GI Joe licenses, and IDW, already in bad financial shape, couldn't make the numbers work. Hasbro started shopping around to multiple places, including Skybound, but ultimately nobody was willing to pay enough to satisfy Hasbro, and the executives aren't letting the Transformers people lower the price, so they're kind of stuck.
I have zero evidence or even scuttlebutt to back that up though, so just take it as the mad ravings of an internet loony.
I still need to read IDW 2.0, so that works fine by me.Frankly, I'm currently with Chris McFeely on the sentiment of being okay if Transformers comics went and took a break for a little while. We got SO MUCH from IDW during their tenure (on top of everything that Fun Pub put out during that same era), so it's not like we're short of content to go back to and re-experience at our leisure. And I'm sure not everyone got to read everything back during their initial release.
As the saying goes, "You can't miss something if it's never gone."
There might be some sort of "cooling off" period written into IDW's contracts, so IDW can sell off any comic and trades they still have in stock still in any warehouses. That way the new stuff doesn't completely overshadow the old stuff, quite yet, and they don't have a ton of unsold copies rotting away unsold.
And whoever the new publisher may be might want to get a little ahead of things before they announce anything. Comics don't get made overnight. They might want to build up a few months worth of a buffer, just so they can prevent any delays. Just to try and make sure things go as smoothly as possible.
Professional courtesy, maybe. Announcing the new publisher while the old publisher is still releasing material would have been a little rude. IDW had the license for so long. They deserved the spotlight while they finished their run.
If they did start work on it last week when is the likely time we will find more out about the new comic?Pretty much my thought on the matter.
You don't talk about your new business partners while your still working with the old one. There's plenty of time to talk about that stuff after the contract expires.
The new company likely couldn't even officially start work until after the IDW contract expired either, so there's every possibility that they only started work on this last week and it'll be time before there's an actual comic to show off.
Was there not a interview about the license in august that were not ready to reveal who the new publisher was?FWIW it's not either of these, IDW and distributors had a hard stop on ordering Transformers trades on the 31st Dec and anything remaining will have been pulped by now, and the signing of a deal is of sufficient market import that Hasbro (and the publisher if they're traded) will have to announce it more or less the day it is done because of the insider trading risk. There will be a press release the second a deal is signed, and IDW did one months before they announced a book when they got the license for exactly this reason.
IDW also delisted their books from Amazon/Comixology for digital sales already (indeed, they did it a few days early which... annoyed a few people who had been waiting until the last minute).
It seems almost certain that a contract for a new license is not signed yet, and Hasbro charge by time period (as well as a royalty) for the license, so they are currently not getting paid for it. We don't know why, but I suspect there is interest, and one possible explanation is that Hasbro hiked the price to the extent that whomever was negotiating a license pulled out quite late on. But there are others.
I would note that things from the publishing and licensing arms of Hasbro are... a bit on fire at the moment from what I understand. I know Paramount are extremely unhappy about the D&D situation this week.