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Comics are dead.
Cartoons is wasted upon to be as low budget, simple and appeal to the lowest common denominator but I can't really ever see them dying. Hell, one of if not THE biggest corporation in the world started out with animation. Wasted opportunity the medium, but never truly dead.
[spoiler}Of course, I'm partially exaggerating and the situation for both mediums is more complex then that[/spoiler:lit]