After a profitable Q1 (see "Games Push IDWP to Profitability"), IDW Publishing swung to a loss in its fiscal Q2 ended April 30, albeit a smaller one than in the same quarter a year ago, the company said in its quarterly earnings release. IDW Publishing revenues grew incrementally, to $6.1 million from $6.0 million in the year ago quarter. The division lost $300,000, a better result than the $500,000 loss in the previous year. The division is now solely focused on comics; it is exiting the game business after the recent release of Batman: The Animated Series Adventures.
The publishing division’s sales were the revenues for the entire company, IDW Media Holdings, as no entertainment revenue was booked in the quarter.
The holding company lost $2.3 million in the quarter, vs. a $2.5 million profit in the previous year. IDW Entertainment expects revenue and profits from Locke and Key S3 and Surfside Girls S1 in the back half of the year.
IDW’s media rights to Top Shelf Productions title Essex County, which was in development as a TV series for seven years (see "’Essex County’ in Development") but is now slated to air in 2023 as a five-episode series from CBC, “were somewhat lost,” IDW Media Holding CFO Brooke Feinstein told analysts in the company’s conference call. "We will get some partial fees from it."

Holding Company Loses $2.3 Million
Posted by Milton Griepp on June 15, 2022 @ 3:53 am CT

MORE COMICS
At Heritage's Hollywood/Entertainment Auction; Also, Rosebud, Jeannie's Bottle, and More
July 14, 2025
Heritage Auctions will put a Red Five X-Wing Starfighter filming model from Star Wars: The Empire Strikes Back and Indiana Jones' Whip from Indiana Jones and The Last Crusade up for auction at their July 16-18, 2025 Hollywood/Entertainment Auction.
Also in the Works: Seeley and Simeone's 'NO Place,' New Arc of 'The Beauty'
July 14, 2025
Ignition has also announced NO Place, by Tim Seeley and Stefano Simeone, and a new arc of Jeremy Haun and Jason Hurley’s The Beauty.
MORE NEWS
'Rivals: Superman vs. Lex Luthor'
July 14, 2025
Cryptozoic Entertainment will release Rivals: Superman vs. Lex Luthor, a new standalone game for DC Deck-Building Game.
'Bomb Busters' Takes the Top Prize
July 14, 2025
The Spiel des Jahres jury has announced the winners of their 2025 board game awards.