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Comics A.M. | Sydney, Australia’s oldest comic store is closing

comic kingdom

Retailing | After nearly 30 years in business, Comic Kingdom — the oldest comic store in Sydney, Australia — will close its doors for good. Clayton Wildridge, who’s worked at the store for two decades and now manages it, points the finger at digital comics: “The culture has changed. It’s all internet and downloads now. The last thing I read said readership of comics was actually up, but purchases of hard copies were down. People download them instead and read them on the phone.” [The Daily Telegraph]

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Comics A.M. | Warner Bros. Entertainment names new CEO

Kevin Tsujihara

Business | In a surprise announcement, Kevin Tsujihara was announced Monday to succeed Barry Meyer as CEO of Warner Bros. Entertainment, the parent company of DC Entertainment. The 48-year-old Tsujihara, who has been with Warner Bros. since 1994, was named in 2005 as president of the Home Entertainment Group, overseeing the company’s home video, digital distribution, video games, anti-piracy and emerging technology operations. He was chosen as CEO over Bruce Rosenbaum, president of Warner Bros. Television, and Jeff Robinov, president of Warner Bros. Pictures (under which DC Entertainment is placed in the corporate structure). [The Hollywood Reporter]

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