I'm going to honest: my impression of DC Comics at the moment is of a company in a fairly shaky downward spiral. The story momentum across the line got stopped in its tracks with the two-month Convergence event, and they're all struggling to pick up the pace. Most titles had some kind of mini-relaunch in June, post-event, and in most cases those relaunches have had a negligible effect on sales. Aquaman got a 4 per cent bump in June compared to March. In July the book dropped more than 16 per cent to post its lowest single issue sales since this particular volume began (28,158).
It's not an isolated incident either. Wonder Woman dropped 11 per cent. Detective Comics and The Flash dropped 12 per cent. Harley Quinn dropped 13 per cent. Catwoman dropped a frightening 19 per cent. For whatever reason, the bottom dropped out of the DC Comics market in July, and the it cost the company a lot of revenue. Now we need to wait until after August to see if this is a momentary aberration or a serious problem. My gut tells me it's the latter.
It almost feels like a perfect storm of misjudgements. Firstly there's the two-month delay. Then there's the well-documented editorial interference that's been dogging the books for the past couple of years: last minute story changes, and characters being authorised for use then forcibly removed. It's what forced Williams and Blackman from Batwoman, and there's been no indication that the interference has ceased.
Then there's the sudden dramatic changes of the key characters across the line: Superman has lost most of his powers and his secret identity, Batman has been replaced by Jim Gordon in a robot suit, and the Green Lanterns seem to have been wiped from the universe. Add that two-month delay to the wide-scale changes, and you've effectively created an efficient 'jumping-off' point for thousands of readers still buying their DC books by force of habit. DC have basically done the worst possible thing they could do with a serialised narrative: they gave their readership time to step back and think.
Then there's the explosion of new titles. On the one hand I applaud DC for throwing out some very left-of-field choices for new books in June. On the other hand they seem almost entirely left-of-field. Even more traditional relaunches were re-imagined into idiosyncratic forms, either through story or artist choices. It felt like a shotgun blast when a sniper rifle was required: rather than carefully release a few likely commercial hits - a new Robin book, a Green Lantern relaunch - DC simply threw as many books as they could manage up into the air and waiting to see which ones landed on their feet.
How many did land on their feet? Not many. Before I begin analysing DC Comics' sales performance for July 2015 any further, it's important to keep in mind one number: 28 per cent. That's the average decline in sales from the first issue to the second for an ongoing DC monthly book between 2012 and 2014. So: how did DC's 21 new monthly series and miniseries fare in their second month of release?
- Earth 2: Society: down 23% to 31,663 units.
- Green Lantern: The Lost Army: down 27% to 31,170 units.
- Starfire: down 27% to 33,659 units.
- Constantine: The Hellblazer: down 29% to 26,870 units.
- Bizarro: down 30% to 21,070 units.
- Harley Quinn and Power Girl: down 31% to 44,974 units.
- Robin: Son of Batman: down 31% to 44,232 units.
- Martian Manhunter: down 32% to 24,957 units.
- Black Canary: down 33% to 27,512 units.
- Red Hood/Arsenal: down 33% to 26,829 units.
- Justice League 3001: down 34% to 21,301 units.
- Batman Beyond: down 35% to 35,000 units.
- Dr Fate: down 36% to 22,967 units.
- Midnighter: down 38% to 19,813 units.
- We Are... Robin: down 40% to 31,209 units.
- The Omega Men: down 43% to 17,093 units.
- Doomed: down 45% to 17,630 units.
- All-Star Section 8: down 46% to 16,695 units.
- Bat-Mite: down 46% to 18,628 units.
- Justice League of America: down 53% to 70,979 units.
- Prez: down 53% to 13,178 units.
Some of these falls are easily explained: Justice League of America's first issue was boosted artificially by variant covers, and the 150,000 odd copies sold was clearly unsustainable from the beginning. Books like Robin: Son of Batman, Batman Beyond and Harley Quinn and Power Girl launched from a higher-than-average base, where a larger-than-average drop in the second issue is therefore more likely.
Some of these falls are, quite frankly, catastrophic. Prez has already been truncated from a 12-issue series to a six-issue series. Books like All-Star Section 8, Bat-Time, Doomed and Dr Fate should arguably have never been launched in the first place. The Omega Men strikes me as the wrong book for DC marketed in the wrong way: it would probably do gangbusters for Image, and its initial hook of 'who killed Kyle Rayner' put a lot of its target market off-side before it began (for the record: his death was faked, and he's a character in the book).
It's difficult to see where DC goes from this, particularly with Marvel about to do a "New 52" relaunch across its entire range in the coming months. I think we're hitting the point where Warner Bros is going to be paying much closer attention to what their subsidiary is going, and possibly moving some senior people on from the company, and overhauling exactly which books they publish and how they publish them. These kinds of declines are going to kill the company without some pretty immediate action.
Books coded 'orange' are selling between 20,000 and 30,000 copies a month, so there's a good chance DC is keeping a very close eye on them. Books coded 'red' are selling less than 20,000 copies and are in immediate risk of cancellation. Books coded 'black' are dead in the water with less than 10,000 copies shipped - this month there aren't any. Miniseries are highlighted in bold: most of these books only have another four issues to go.
- ORANGE: Aquaman, Bizarro, Black Canary, Catwoman, Constantine: The Hellblazer, Dr Fate, Gotham Academy, Green Arrow, Justice League 3001, Martian Manhunter, New Teen Titans, Red Hood/Arsenal, Secret Six, Sinestro
- RED: All-Star Section 8, Bat-Mite, Doomed, Gotham by Midnight, Lobo, Midnighter, The Omega Men, Prez
What's worrying is that of the 22 books I'd currently classify as in some kind of sales trouble, 12 of them were only launched in June. As I said, this is a company that looks to be in some real trouble going forward.
(Sales figures taken from Comichron.)