The Japan Times tells what the value of their manga industry is worth:
The value of Japan’s comic book market reached a record ¥612.6 billion ($5.77 billion) in 2020, up 23% from a year earlier, backed by the huge popularity of the manga series “Demon Slayer,” industry data showed Thursday.
[…] The value of comic book and magazine sales was estimated at ¥270.6 billion in 2020, up 13.4% from the previous year, while that of digital comics jumped 31.9% to ¥342 billion, the institute said.
That alone has got to be far more than the US industry could. An earlier report I once read stated the US industry makes about a billion dollars annually by comparison. So it continues to be clear manga is leading the way, while US comics continue their decline due to the flood of political correctness washing over them.
And I suppose the only way the US industry will respond to this is by going more PC, and possibly even trying to keep foreign comics out of the market? If they do that, they’ll be extremely foolish.
Originally published here.