@Stormbox: I decided to take this from a little bit more of a sales-analysis view.
The titles I would see as at all potential risk would be those that fall below the Top 100 sales mark, which for some time was actually a consistent indicator of those series that would be cancelled within a year (those series would also remain at the 100 breakpoint for at least 3 months in a row and then begin to dip further down). 17 series become eligible under that criteria. I would disqualify Team 7 and Sword of Sorcery from consideration for this wave cut, but not for future cuts. The remaining titles are (in lowest sales order): Firestorm, I Vamp, DCUP, Hawkman, Deathstroke, Demon Knights, Batwing, Stormwatch, LOSH, Ravagers, Dial H, All Star Western, Green Arrow, Superboy and Birds of Prey. Of those, I would eliminate Demon Knights & Green Arrow from consideration, based on February creative change indications (and possibly Birds of Prey, because of hints of creative change upcoming there, as well as Legion, due to the reteaming of Levitz & Giffen which may be afforded cushion). Thus follows:
Highly Likely: Fury of Firestorm, Savage Hawkman, DC Universe Presents, Deathstroke
All four of these titles were in the lowest sales bracket, have had the largest drops over 6 months (DCUP excepting) and the largest annual drops. FoF, Hawkman & Deathstroke were also 3 out of 4 of the lowest selling trades released (DCUP has not released yet, the other 1 of the 4 lowest selling trades was LOSH). All 4 have received multiple creative changes, including a round in October.
Possible: Stormwatch, Batwing, I Vampire
Expectations for Stormwatch were higher than it has been reaching. Batwing is the lowest of the Bat titles, but isn't truly tanked right now, and I Vampire surely has held up far better than it was expected to do. Stormwatch has dropped a lot over the past year... Batwing a lot over the past few months... and I Vampire has consistently hung in the bottom bracket... but any of these 3 could truly go either way in this turn. A tie-in opportunity could delay death, a slower drop in November could prove a saving grace and editorial interest might at least allow them to ride out to the point of reaching a natural story conclusion (a pat on the back, let's wrap kinda mentality). All 3 fall in the bottom 3rd of collection sales, but aren't that far off from the likes of Green Lantern: New Guardians or Supergirl.
Unlikely: Dial H, Ravagers
They're both dropping in sales, and the drops are still pretty pronounced... but the sales expectations on them probably aren't that heavy, and I would call it premature to drop them now. Maybe next wave, but not really all that much of a chance today.
Highly Unlikely: Superboy, All Star Western
Both might be under the Top 100 but have maintained sales relatively well over a long term. They might be cancelled, but not until 2014 (and there are boosts ops along the way).
As Far As Replacements Go:
Sales Wise, prior books that held up relatively well: Superman/Batman, Brave & the Bold, JSA (I know, E-2, but shh.), Booster Gold, Robin/Red Robin, Secret Six, Power Girl, Zatanna, Confidential-Style Books
Creative Wise I'd Love to See: Cyborg, Lois Lane, Joker & Luthor, Shazam, Justice League Task Force, a growth of core franchises like: Wonder Woman, Flash, Aquaman
A Final Note: None of these cancellations are "suggestions" or what I want... I'm rather fond of some of those books, most especially I, Vampire, which I would plead to save if possible... but I think it is sometimes more reasonable to look at sales data to make a conclusion (ex: cancellation of Justice League & Batman? Not likely right now)
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