Amazon to buy digital comics company

Apr 10, 2014

Online retailer Amazon said Thursday its buying digital comics company comiXology for an undisclosed sum.

Amazon said the acquisition will help it offer more and better digital comic books and .

Founded in 2007, comiXology offers digital from more than 75 publishers, including industry giants Marvel and DC, plus independent creators. ComiXology's headquarters will remain in New York.

Shares of Amazon.com Inc. fell $14.79, or 4.5 percent, to $317.amid a broader market sell-off. The Dow Jones Industrial Average ended the day down 267 points or 1.6 percent.

Explore further: Amazon's Bezos outlines grocery, drone plans

not rated yet
add to favorites email to friend print save as pdf

Related Stories

Amazon's Bezos outlines grocery, drone plans

Apr 10, 2014

CEO Jeff Bezos' annual letter to shareholders offers a glimpse into Amazon's internal workings and what it is aiming for in the future, including expanded same-day grocery delivery and drone delivery.

Recommended for you

German court lifts ban on Uber car pick-up service

15 hours ago

The controversial but popular car pick-up service Uber claimed a victory in Germany on Tuesday when a court threw out an injunction levelled against its operations in Europe's biggest economy.

Oligarch buys Russia's most popular social media (Update)

17 hours ago

A media company owned by Kremlin-friendly oligarch Alisher Usmanov has splashed out $1.5 billion to gain full control of Russia's most popular social network, VKontakte, bringing an end to a months-long dispute ...

User comments : 0