MV Creations has issued a press release on its Website indicating the company is leaving CrossGen's CGE imprint and will now publish on its own.  MV's Val Staples said, 'CGE's inability to pay MV for our products delivered to Diamond cut off our income.  In addition the delay of our products (due to CrossGen's financial difficulties) eliminated any potential income for the future.  This in turn hurt our ability to pay our artists on time and worked against our continued efforts to deliver on time, quality comics.' 

Back in June of 2002, CrossGen initiated two new imprints in order to publish comic book titles that were not part of the CrossGen universe (see 'CrossGen Launches Two New Imprints').  At that time CrossGen hoped that by gathering additional titles under its banner, it could attain the supposed 5% market share necessary to supposedly grab a 'premier' publisher slot in the front of Diamond's Previews catalog.  The loss of MV Creations and its Masters of the Universe comic series is a major blow to the CGE imprint.  Previous defections from the CGE imprint including the pull-out of Archangel Studio and Team Red Star (see 'Team Red Star Leaves CrossGen') leave the CGE with only one extant title, The Snake Plissken Chronicles from Hurricane Entertainment.