I don't want to hate on MB, I was very excited by their early licensing choices – but it seems to me they got into the BL game during a time when BL fans would buy anything just because it was BL. Now that fans expect more quality productions, and need more communicative publishers, MB is getting hit with fans loosing interest. :/

Yes, they laid off staff – mostly in the game and manga division. Therefore, their work in both their game Altiel and their manga line have been slowed. I don't want to stay stopped, because I don't know that, but I do know that neither is a priority right now.

Media Blasters is not dead, rumors aside. What they are is lacking in public presence. They attend a gazillion events, and that, and their eBay store, are their major distribution streams. They aren't on Facebook or Twitter, they don't answer emails, but they aren't dead. They just aren't good at reaching out. If you stop by their table at any one of the gazillion events they attend, they are more than glad to tell you what's up.

Their PR is behind the times. They have a mailing list. Sometimes they send out a press release when they remember to. Their website is always running a little behind. But they aren't dead.

What they *are* is busy. They are at an event pretty much every weekend of the year. Find them at an anime con near you. That's where Media Blasters shows plenty of signs of life. :-)