Hekitensha, a publishing company which dealt primarily with joint publications and self-financed works, had ceased operations around the middle of last month, and filed for bankruptcy on the 31st of March. This started off a chain reaction which resulted in two other publishers filing for bankruptcy protection effective April 5th in Tokyo District Court: Biblos, an affiliate company that handled Boy's Love publications and which Hiroaki Yamamoto, president of Hekitensha, was the CEO of, and Highland, a creditor company which also dealt with Boy's Love material. There is no word yet on what will happen to other affiliate companies of Hekitensha, such as the e-book publisher Bibloport.
Last year, the free online monthly manga anthology Comic Seed! ceased publication after its publisher, Penguin Shobo, declared bankruptcy.
Now Futabasha plans to publish the magazine with the aid of a new business strategy. The first issue of the new Comic Seed! will be release on April 28th, with ten new series and several old series from the "old" Comic Seed. The second issue (5/31) will see the serialization of Kodomo no Jikan, the popular series by Kaworu Watashiyaka originally from Monthly Comic High.