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  Monday, July 10, 2006
Bummer
The first casualty of the Musicland bankruptcy was not an American anime company or manga publisher, but the collector-oriented toy company, Palisades Toys. Mike Horn, Palisades President and CEO sent out an email message on Wednesday indicating that after 11 years "Palisades Entertainment LLC has discontinued its business of manufacturing and selling licensed and proprietary action figures, collectibles, toys and other goods." Horn blamed the demise of Palisades on a general downward trend in the collectible toy industry and the "bankruptcy of one of Palisades' largest customers" - ICv2.com

Old news, but news to me. Maybe those Muppet action figures will go up in value.

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posted by m/a/z/e  [9:50 PM]   0 comments
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