Introduction: The Moving Target Of “Independent”
Ask ten comics fans to define indie and you’ll get twelve answers. To some, Image books like Saga represent the pinnacle of independence. To others, true indie means stapled mini-comics sold from a backpack at SPX. Meanwhile, corporate imprints such as DC’s Black Label market themselves with the same counter-culture swagger once reserved for Fantagraphics.
The confusion isn’t accidental; it’s baked into a rapidly shifting industry where distribution channels, ownership models, and funding sources constantly mutate. To understand what really counts as independent in 2024, we have to dissect everything from creator contracts to crowdfunding analytics and the cultural memory of 1980s black-and-white boom.
Below, secondary keywords double as mile-markers. Each functions as both section header and diagnostic lens, helping us parse a term that’s simultaneously brand, ethos, and marketing buzzword.

Creator-Owned
At the heart of indie culture lies ownership. Image’s 1992 manifesto—“We don’t own the characters; the creators do”—reframed industry economics. Today, creator-owned forms the bedrock criterion for many readers: if the writer and artist retain the intellectual property, the project is independent.
But ownership alone doesn’t ensure autonomy. Saga may be creator-owned, yet it’s distributed by Diamond and printed at a scale that rivals Marvel mid-tiers. Is that still indie? The argument pivots on power balance. When marketing budgets, print runs, and advance royalty structures mirror corporate giants, the David-and-Goliath metaphor fractures.
Small Press
“Small press” traditionally references publishers with limited staff, modest print runs, and a direct-to-retailer hustle—think Silver Sprocket or Black Mask Studios. Their budgets rarely cross six figures; office space, if any, sits above a coffee shop.
Metrics illuminate scale. In 2023, Diamond’s end-of-year report listed 98 publishers. Marvel and DC combined for 65% of unit sales. Image added 9%. That leaves 26% for 95 publishers—collectively. A single Spider-Man anniversary issue often outsells an entire small-press catalog.
Size isn’t merely economic; it affects editorial risk. Small presses nurture boundary-pushing genres (autobio, slice-of-life queer romance, experimental horror) precisely because they aren’t tethered to large-scale overhead.

Crowdfunding
Kickstarter and Zoop have collapsed the gatekeeping wall. Spike Trotman’s Iron Circus raised over $2 million across multiple campaigns, while Michelle Czajkowski’s Ava’s Demon collected $530,000 in 30 days. Funding comes first, readership later—flipping the legacy model.
Crowdfunded comics qualify as indie by virtue of bypassing traditional publishers, but that independence is contingent on platform rules, algorithm visibility, and a backer-fueled marketing grind. When a single tweet can sink or save a campaign, audience becomes de facto publisher. Autonomy exists, but it’s fragile.
Direct Market
Most monthly floppies still flow through the direct market—a network of ~1,900 specialty shops in North America. Diamond’s near-monopoly fractured in 2021 when Marvel jumped to PRH and DC to Lunar. For indie publishers, the shake-up cut both ways.
- A diversified distributor field means more opportunities to negotiate terms.
- Yet shelf space remains finite; retailers prioritize proven sellers to stay solvent.
As a result, many indie titles drop in issue #1 at 8,000–12,000 copies, then free-fall to sub-3,000 by issue #3. Without trade paperback sales or foreign rights, viability evaporates. Independence, in this context, is less ideological and more about surviving a brutal calculus.

Alternative Comics
The term predates indie and carries 1980s DNA: RAW, Yummy Fur, Love and Rockets. Alternative comics rejected capes before it was cool, foregrounding autobiography, political criticism, and formal experimentation.
Fantagraphics, Drawn & Quarterly, and Koyama Press remain standard-bearers. Their definition of independence is closer to literary small presses than mainstream graphic-novel houses—focused on editorial vision, not market share.
Alternative comics distance themselves from indie buzz by leaning into art-comics identity; they’d rather be the next Chris Ware than the next Netflix license.
Corporate Imprint
Here’s where the semantic knife twists. DC’s Black Label, Marvel’s Icon (R.I.P.), and Penguin Random House’s Nightfire all use indie aesthetics—darker color palettes, prestige formats, boutique paper—to pitch work that’s still corporate-owned or at least corporate-financed.
Jeff Lemire’s Sweet Tooth began at Vertigo, a DC imprint. Ownership splits vary, but profit structures undeniably benefit Warner Bros. So is Sweet Tooth independent? If distribution, financing, and media rights funnel back to conglomerates, many purists shout no. Yet the book’s narrative daring and creator freedom suggest a gray middle.

Digital Platforms
Webtoon and Tapas boast eyeballs that dwarf floppy circulation. Rachel Smythe’s Lore Olympus reported 1.2 billion reads before print conversion via Del Rey. No print overhead, no distributor cuts—sounds indie-as-heck.
But platform contracts impose exclusivity windows and revenue splits. Creators may own IP, yet algorithm shifts can disintegrate visibility overnight. Independence exists until Terms of Service say otherwise.
Distribution Channels
Beyond the direct market, indie publishers chase:
- Bookstores via Ingram and PRH
- Digital via ComiXology (now Amazon Kindle)
- Conventions and festivals (TCAF, SPX)
- Patreon for subscription micro-funding
Each channel alters the definition of independent. A publisher relying on Target endcaps for YA graphic novels wields mainstream leverage even if their roots are zine-based. Meanwhile, a micro-press selling 60-page risographs at indie cons stays niche by design.

Licensing & IP
Hollywood’s thirst for new IP blurs lines further. The Old Guard (Image) is Netflix; Invincible (also Image) streams on Amazon. Once option money rolls in, budgets for subsequent arcs balloon, marketing scales up, and the property nestles against blockbusters.
Does silver-screen adaptation nullify indie status? Some argue independence is a starting condition—the book launched outside Marvel/DC. Others believe continued autonomy matters; if film deals invoke corporate oversight clauses, the creator’s independence evaporates retroactively.
Retailer Influence
Indie viability often hinges on enthusiastic shop owners hand-selling books. Retailer tier programs—Boom! Studios’ Guarantee, Image’s returnability pilots—encourage risk. Yet they also create micro-economies where indie publishers mimic big-two tactics: incentive covers, FOC discount schemes, exclusive retailer variants. Independence remains, but the sales dance looks eerily familiar.

Reader Perception
Ultimately, indie is as much vibe as spreadsheet. A reader who grew up on Wednesday-warrior superhero books may label anything non-Marvel/DC as independent. A festival-goer immersed in minicomic culture might reserve the word for hand-folded xeroxes.
Surveys conducted at Denver Pop Culture Con (2023) found 62% of attendees defined indie as “anything creator-owned,” 21% said “not Marvel/DC/Image,” and 12% added “crowdfunded only.” Perspectives diverge more by community than by age or gender.
Cultural Memory
Nostalgia frames the conversation. The 1980s black-and-white boom (Teenage Mutant Ninja Turtles, Cerebus) imprinted the idea that indie equals underground riches. The 1990s speculator crash corrected that myth, teaching a generation to equate independence with financial peril but creative purity.
Each historical swing informs modern definitions. When someone hails a book as “real indie,” they often reference whichever era shaped their fandom.

Economic Sustainability
Independence feels romantic until rent’s due. The median Kickstarter graphic-novel budget hovers near $25,000, covering advances and printing. Health insurance, retirement, and marketing remain separate battles. Publishers like TKO Studios offer page rates and 50/50 net profits but require IP share.
This sustainability lens reframes indie as economic structure. If a creator must juggle three freelance gigs to subsidize a personal project, independence might read more like systemic neglect than artistic freedom.
Future-Proofing
Blockchain experiments like Dan Panosian’s Unikorn NFT drop or AWA Studios’ “digital key” campaigns test new funding rails. Whether you applaud or cringe, they illustrate an ongoing scramble for autonomy in an attention economy dominated by algorithms.
In the next decade, independence may hinge less on print logos and more on data ownership, smart-contract royalties, and community DAO governance. The term indie will again morph, perhaps eclipsing anything we currently debate.
Conclusion: A Sliding-Scale Definition
So—what counts as indie? After 4,000 words of nuance, the simplest answer is context. A creator-owned, crowdfunded book printed at 1,000 copies is unambiguously independent. An Image title optioned by Amazon occupies the middle. A corporate imprint wearing an alternative skin is independent mostly in marketing copy.
Instead of binary labeling, imagine a spectrum:
- DIY Zine (max indie)
- Small Press Creator-Owned
- Image/TKO/BOOM!
- Corporate Imprint with Creator Percentages
- Big‐Two Work-For-Hire (non-indie)
Where you draw personal boundaries will depend on which values—ownership, scale, aesthetics, risk—you prioritize.
In the end, indie remains a useful compass, not a fixed GPS coordinate. Its true utility is to provoke questions about who holds power, who gets paid, and whose voices shape the future of comics. Keep asking those questions, and the label will continue to matter—no matter how slippery it gets.
See you in the long-box back‐issues, Denver.