Digital comics startup Madefire is shutting down
https://techcrunch.com/2021/04/29/madefire-shuts-down/
R.I.P. Madefire, a startup that recruited high-profile artists to reinvent comics for new formats and platforms.
An announcement on the Madefire website states the company entered into “an assignment of benefit for creditors” (explained as “a state-level insolvency proceeding similar to bankruptcy”) earlier this month, which was then reported this morning in The Beat. As a result, no new books will be published, users will not be able to purchase any additional books and they’re also encouraged to download all their purchased content before the end of the month.