Digital comics startup Madefire is shutting down in April 2021 after entering an assignment for the benefit of creditors, a state-level insolvency proceeding. The company, which launched in 2012 and raised funding, had developed "Motion Books" for platforms like iPad, enlisting notable artists. As a result, all publishing and sales have ceased, affecting partner apps like Archie Comics, and users are urged to download purchased content. The closure marks the end of its effort to reinvent comics for digital formats amid industry shifts.
