I have no idea on Avatar’s situation but it could actually be a sensible business decision. When I was connected to book publishing they basically live off their back catalogue hits and then release new material with most losing money but a few will be added to the list of perennial hits.
Outside of their Ennis/Ellis/Moore/Gillen books I don’t know anyone who reads anything else they put out.
Equally they could have financial or cashflow problems but if so it may be of their own making because they have brand new Alan Moore books out that he’s actually scripted and as I said if they can’t sell those then pass the rights to me. I’d get a nice trade out of Providence in a timely manner and flog the hell out of it.