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Oni Press and Lion Forge will merge in order to “strengthen their library of original comics and graphic novels and help them to leverage their characters on other media platforms, including animation and film,” according to a story in the New York Times. The new publishing company will fall under the Polarity umbrella, a media entertainment entity launched by Lion Forge co-founder Dave Steward II last year.
The new company’s combined publishing efforts will be overseen by Oni Press publisher James Lucas Jones, who will be president and publisher. “We’re going to take a look at efficiencies and identify a number of areas of growth as well,” said Steward. The Beat details several layoffs that have already occurred at both companies, including Andrea Colvin, Lion Forge’s editor in chief, and Oni’s Desiree Wilson. According to Publisher’s Weekly, Joe Nozemack, founder of Oni Press, will join the new entity’s board and serve in an advisory role.
As far as their publishing lines go, Lion Forge Senior Publicist Jeremy Atkins tweeted that Oni Press “will be the publisher of all creator-owned books going forward,” while company-owned IP, like the Catalyst Prime universe, will fall under the Lion Forge banner. This one is still developing, so no doubt more information on the new structure and publishing entity will be forthcoming.