As a high schooler who just reads a lot of manga and has no

[Vertical Inc]

As a high schooler who just reads a lot of manga and has no understanding of business, is it appropriate to say that manga licensing is a competitive industry?

Yes.

Let me share this bit of insider wisdom:

In 2014 Vertical has tried to license around 8 titles. Other publishers outbid us for 7 of them. So yeah. It is tough, especially when you’re a small company .