DC Invests in Flex Comics

PWCW reports that DC Comics has announced its plan to invest in Flex Comics, a "manga production company that will create original manga for the web, mobile phones and print collections for worldwide distribution":

Translated editions of Japanese manga dominate U.S. graphic novel sales and the Flex Comics venture makes DC Comics one of the first English-language publishers with a significant investment in a Japanese manga producer.

Source: Publishers Weekly