If you have attended a number of industry panels at the major anime conventions in the last few years you will remember an insistence on there not being a manga bubble. The rapid growth of the U.S. manga industry was the natural pace of a maturing market and that while there might be a slowing of growth there would not be a crash. And here in 2010 we see the end of Go! Comi and CMX, layoffs at VIZ, and uncertain futures for Del Rey, Tokyo-Pop, and Aurora. It seems there has been a manga crash after all.
Over the last few years there have been major changes in both the anime and manga industries of the U.S. While the anime industry was (is) unstable, the manga industry had been on a steep incline with more and more companies entering the market and a huge library of titles gracing shelves. But maybe manga was just playing catch up to its older brother.