diamond Archives

Ad Populum/Sparkle Pop, which bought Diamond Comic Distributors comic book business at the Chapter 11 auction, has filed a new legal objection to Diamond Comic Distributors, Inc, the debtor in this bankruptcy action It's over Sparkle Pop's selling of consigned comic book stock, owned by the comic book publishers, but claimed by the Debtors And[...]

The Diamond Comic Distributors Chapter 11 bankruptcy case continues to barrel down the road ahead of the next major hearing at the end of the month To recap, Diamond Comic Distributors declared Chapter 11 bankruptcy at the beginning of the year Ad Populum/Sparkle Pop bought Diamond's comic book business, while Diamond Comic Distributors Inc, the[...]

Diamond Comic Distributors Inc., the debtors in the Diamond Chapter 11 bankruptcy case, have been filing records of payments they have made in the bankruptcy from the beginning of the year up to the end of July. In that period, they paid financial services company Raymond James Financial $459,831, financial service company Getzler Henrich & Associates[...]

The Ad Hoc Committee of Creditors' subpoena requiring Sparkle Pop to produce a witness to testify at the upcoming hearing on the Diamond Debtors' motion to sell consigned inventory has been quashed by the courts The Ad Hoc Committee is made up of Ablaze, American Mythology Productions, Avatar Press, Battle Quest Comics, Action Lab, Drawn[...]

Saul Ewing LLP, legal and financial counsel to Diamond Comic Distributors, Inc., the debtor in the Chapter 11 bankruptcy case, has filed a second interim fee application seeking approval for just over $1.6 million in fees and almost $30,000 in reimbursement of expenses for the period from the 1st of April, 2025 to the 30th[...]

Investment banking firm Raymond James & Associates was appointed by Diamond Comic Distributors last summer and ran the Chapter 11 bankruptcy for Diamond when it was announced in January, including the auction procedures They have now filed for final court approval to collect around $3.8 million in compensation and over $66,000 in expenses for their[...]

Diamond Comic Distributors declared Chapter 11 bankruptcy at the beginning of the year Ad Populum/Sparkle Pop bought Diamond's comic book business, while Diamond Comic Distributors Inc, the debtor, is a separate entity in this bankruptcy action.  The debtor has been doing their best to sell those consigned comics, worth many millions, without paying anything to[...]

Last week, Bleeding Cool reported from the first day of the hearings of the Diamond Comic Distributors Chapter 11 bankruptcy case being held in the Bankruptcy Court of Baltimore with the news that the comic book publishers had won round one against Diamond Comic Distributors, Inc., the debtors in the bankruptcy Who had been trying[...]

Diamond Comic Distributors, that's the business bought by Ad Populum/Sparkle Pop as part of the Chapter 11 bankruptcy sale, has just launched a sale of their backstock, with up to 75% off the retail price to comic book stores, on nearly 12,000 different items in the Diamond warehouse, from 250 different publishers and imprints with[...]

Sometimes you just know that Fantagraphics co-founder Gary Groth is writing these Fantagraphics blog messages, right? It reads; "Fantagraphics is fighting JP Morgan Chase Bank and former Direct Market monopoly Diamond Comics Distributors, who are colluding to steal our books and use the resulting profits towards the cost of Diamond's bankruptcy." He does indeed "cut to the[...]

Diamond Previews is still a thing Digitally Even though it is now mostly just manga, British publishers unaffected by the bankruptcy, and Funko And it is in this arena that the graphic novel Creatures & Corridors by Brandon Auman and Andrea Mutti from The Lab Press gets the digital front cover With Funko on the[...]

In one of those quirks of fate, it seems the new Diamond Previews (digital only) contains a smattering of backstock, manga and… British publishers Becasue, it seems, for British publishers, everything is still working out for Diamond UK who provide comics from Britain to the US in a way that others just cannot And they[...]

The Diamond Comic Distributors Chapter 11 bankruptcy hearing on liquidation-related matters that has been held these past three days did not reach any decisions beyond the ones that were granted two days ago, the Diamond UK sale to itself, and the Stay on the Diamond Debtors plans to liquidate stock At issue before the court[...]

Bleeding Cool has been informed that the current Diamond Comic Distributors Chapter 11 bankruptcy hearing, which began yesterday and continued through today, has finished for the day And will continue tomorrow, at the Bankruptcy Courts of Baltimore, Maryland, tomorrow from 2pm.  No matters were decided by the court today.  Motions on the Diamond UK sale[...]

JPMorgan Chase, the financial body that has been backing the Chapter 11 bankruptcy proceedings for Diamond Comic Distributors, along with the Consignment Group of comic book publishers, has filed what appeared to be a fairly nondescript filing ahead of the current hearings in bankruptcy court As it concerns the status of the consigned stock of[...]

Amidst the ongoing Chapter 11 bankruptcy proceedings of Diamond Comic Distributors, Inc., the purchaser of Diamond at auction, Ad Populum/Sparkle Pop has filed a motion to quash a subpoena filed last week demanding its testimony at a key hearing The motion, filed on Sunday, the 17th of August, ahead of yesterday's hearing, continuing today, claims[...]

Last week, Bleeding Cool broke the news that Image Comics had settled with Diamond Comic Distributors, Inc, the debtor in the Diamond chapter 11 bankruptcy case, over plans for Diamond to liquidate consigned inventory of comics owned by many publishers, to benefit the banks that had funded the bankruptcy With none of the money going[...]

Bleeding Cool is coming in hot from the first day of the hearings of the Diamond Comic Distributors Chapter 11 bankruptcy case being held in the Bankruptcy Court of Baltimore With the news that the comic book publishers have won round one against Diamond Comic Distributors, Inc., the debtors in the bankruptcy Who have been[...]

The current hearing in Baltimore for Diamond Comic Distributors' chapter 11 bankruptcy case concerns a number of comic book publishers who object to the recent plans of the Diamond Comic Distributors, the debtors, to sell the stock owned by publishers on consignment to raise money to pay off the bank loans, not the publishers. But according[...]

The Baltimore bankruptcy courts have cleared the schedule for the big Diamond Comic Distributors Chapter 11 bankruptcy case, which just kicked off today Previously, Judge David E Rice, who has been hearing the case, including the sale of Diamond UK to its management team, concluded the hearing on the 5th of August, saying; "We presently have[...]

The Diamond Comic Distributors Chapter 11 bankruptcy case is kicking off its big hearing for the 18th of September right now in Baltimore's bankruptcy courts And as we wait to hear how long this will go on for, filings reveal that Dark Horse Comics has joined the Consignment Group of comic book publishers objecting to[...]

Today and yesterday, I spent most of the day reading Diamond Comic Distributors' Chapter 11 bankruptcy filings. You know the story, or you can catch up with the list of previous stories at the bottom But Diamond, the biggest distributor in comic book history, went bankrupt, the company sold Diamond to Ad Populum/Sparkle Pop to pay[...]

It's going to be a big one, looking at the sale of Diamond UK to its management team, and the plan for Diamond to liquidate the consigned stock owned by hundreds of publishers, on behalf of JPMorgan Chase, the bank funding the bankruptcy proceedings. Two big witnesses have been named so far The Ad Hoc Committee[...]

The Ad Hoc Committee of Consignors, a legal body made up of comic book publishers Ablaze, American Mythology Productions, Avatar Press, Battle Quest Comics, Action Lab, Drawn & Quarterly, Fantagraphics, Green Ronin, Hermes Press, Living the Line, Paizo, Udon and Zenescope, have added to their case against Diamond Comic Distributors in the bankruptcy courts The[...]

IPI Comics is probably best known right now for publishing the Human Fly licensed comics as well as other notable items. Well, as of today, and possibly a little late to the party, IPI Comics has decided, with effect of September 2025, not to solicit any new products to Diamond Comic Distributors, nor to fulfil any existing agreed solicitations,[...]

Along with the larger comic book publishers and the smaller publishers grouped together, a number of smaller comic book publishers submitted their own objections to the current Diamond Comic Distributors, Inc plans for their Chapter 11 bankruptcy case without legal representation Namely, the debtors intend to sell all the consigned stock owned by the publishers[...]

A transcript from the Diamond Comic Distributors chapter 11 bankruptcy court session held on the 30th of April has been unsealed Checking the Bleeding Cool Diamond Bankruptcy Timeline, we discover that this is the day that the courts approved of the sale of Diamond Comic Distributors to the joint back-up bid of Universal and Ad[...]

With Alliance Entertainment (AED) suing Diamond Comic Distributorsover allegations of fraud, and Diamond suing AENT for allegations of breaking confidentiality and poaching staff, we have borne witness to some of the inner machinations of both parties And have been able to create a timeline, including the allegations each side made AE is Alliance Entertainment, DCD[...]

There are two main groupings of comic book publishers who are filing paperwork against Diamond Comic Distributors Inc, the debtor in the current bankruptcy action, over the plans to sell consigned inventory owned by the publishers, but being sold off to benefit the banks who have funded the Chapter 11 bankruptcy proceedings so far, such[...]

One of the publishers most vulnerable to the Diamond Comic Distributors bankruptcy, and one of the most betrayed, I had been briefed to expect bad things of the publisher But as it stands, they have managed to make it through without the measures that some other publishers have been forced to undergo This has come[...]