bankrupt Archives

The secured financial package courtesy of JP Morgan Chase Bank, allowing Diamond Comic Distributors to keep trading while in Chapter 11 bankruptcy protection, has also allowed Diamond to a) pay staff, b) pay publishers for new stock, and c) hire some new help Such as Katz A Bosch for 401(k) Auditing Services Well, sure, they[...]

The Diamond Comic Distributors bankruptcy auction is almost upon us Monday, the 24th of March,  two weeks to the day As well as everything from Free Comic Book Day, Diamond UK, Alliance Games and Gentle Giant up for grabs, there are also the contents of the warehouses Forty years equals a lot of stock; there[...]

So he has been through the previous big distribution wars, bankrupt publishers and the fallout that seems to be echoed today He is best known today for Glass House Graphics, a very successful international animation studio and agency of illustrators, writers, painters, and digital designers that specialises in finding work for South American and Filipino[...]

IDW Media Holdings' just-released annual investor's report includes a section that expresses "substantial doubt" on their "ability to continue as a going concern," and it's all down to the uncertainty created by Diamond Comic Distributors issuing Chapter 11 bankruptcy proceedings IDW quit being exclusively distributed by Diamond in 2021 and went exclusive with Penguin Random[...]

Yesterday, Bleeding Cool reported on the closure of all four Phoenix branches of Atomic Comics earlier this week, after owner Michael Malve declared bankruptcy, to the shock of the industry. It also came as quite a shock to its customers, especially with the DC Relaunch imminent. Local Phoenix store All About Books And Comics has come to[...]

And then managed to divert all its income streams into a new company Dream Engine before then making Dreamwave bankrupt, owing stacks of cash to creators and companies alike And then managed to do the same with Dream Engine All the time deceiving various publishers as to who was doing the work he was producing,[...]