AOL Time Warner is shopping its book publishing unit, including Little, Brown, & Co. and Warner Books, according to published reports. The step is one of several potential asset sales the company is exploring to reduce debt. Long term debt on the company's most recent balance sheet totaled over $28 billion out of a total $62 billion in liabilities. Other assets on the block reportedly include its sports teams, Comedy Central and Court TV. It is also planning a public offering in its cable unit later this year. Warner Books is important to Big Four comic publisher DC comics because it represents its avenue to the book trade, where it was the top graphic novel publisher until recent years, when manga began blowing U.S. material out of the water (e.g., see 'Manga Dominate Graphic Novel Sales in Bookstores').
Distributes DCs to Book Trade
Posted by ICv2 on January 25, 2003 @ 11:00 pm CT

MORE SHOWBIZ
A Prequel and a Collection of Stories
April 28, 2025
One book collects the three-volume prequel based on Cameron's unproduced screenplay, the other gathers four graphic novels and a short story.
Showbiz Round-up
April 28, 2025
May is on its way and the Hollywood news continues to trickle in. Time for a round-up!
MORE COMICS
Bankruptcy Court Rules
April 30, 2025
The bankruptcy court in charge of the Diamond Comic Distributors, Inc. Chapter 7 bankruptcy case has approved the back-up bid for the sale of the companies.
Personal Reflection on Coming Out as Transgender
April 30, 2025
The story is a personal reflection on the support she received from the comics community after coming out as transgender in February 2025.