diamond Archives

This comes after Boom Studios editorial was told at a meeting in January that "no more cuts would be made this year." This is, of course, all in the wake of the Diamond Comic Distributors Chapter 11 bankruptcy, and other pressures hitting the comic book industry right now, and Boom Studios is not alone in having[...]

Fabrice Sapolsky of publisher FairSquare Graphics posted to social media yesterday, saying, "The #DiamondComics farce continues As of today, they're discontinuing their No Cost Returns service Which is what we publishers used to get our books from their warehouse when we needed them for conventions or signings So now, we have 7500 copies of our graphic[...]

In a recent filing in the United States Bankruptcy Court, Diamond Comic Distributors has objected to a motion by comic book publisher Dynamite Entertainment, which sought to define certain moneys owed by Diamond, to wit $509,114.21, as an administrative claim And thus more easily and quickly payable and granted priority over other claims in the[...]

On the 17th of May, Bleeding Cool continued to report on Diamond Comic Distributors' layoffs. For example, Steve Leaf, former Assistant Manager at Diamond Comics, posted, "After 30+ years at Diamond Comic Distributors, I am seeking a new role and would appreciate your support If you hear of any opportunities or just want to catch up, please send[...]

Bleeding Cool has received reports from several comic book retailers that Diamond Comic Distributors is to cease Cash-On-Delivery arrangements with comic book stores. Diamond Comics Logo As it stands, there are basically three ways for comic book stores to order comics and merch through Diamond Comic Distributors Pay in advance, cash on delivery, or net terms of[...]

With Alliance Entertainment (AED) suing Diamond/Ad Populum over allegations of fraud, and Diamond/Ad Populum 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,[...]

Last week, Bleeding Cool reported we had heard from a number of comic publishers, many of whom are seriously out of pocket over the Diamond Comic Distributors Chapter 11 bankruptcy, that they are also waiting on the now-overdue first payments from Ad Populum Under the name Sparkle Pop, the IP owner and merch distributor Ad Populum bought Diamond Comic[...]

Ad Populum, under their subsidiary company Sparkle Pop, the new owners of Diamond Comic Distributors, have launched a lawsuit against Alliance Entertainment or AENT The suit alleges that AENT stole trade secrets from Diamond and poached employees during Diamond's Chapter 11 bankruptcy case This comes after AENT made a winning, if challenged and court-confirmed, bid[...]

This may actually be the final Diamond Previews catalogue, certainly in the size that it still is Penguin Random House has pulled out all the publishers who used Diamond for third party subdistribution But the new Diamond Previews still kept them in, it was printed before the departure was announced But you can tell something[...]

Diamond cancelling orders was the most-read story on Bleeding Cool yesterday Lying In The Gutters is the daily runaround for the most-read stories the day before, as well as over the past six years Founded sixteen years ago and steeped in a history of comic book industry gossip for a further eighteen years before that,[...]

We both have long-standing relationships with Diamond Comics In the wake of Diamond's Chapter 11 filing, we had hoped their reorganization would stabilize the market Instead, the opposite has occurred New ownership has failed to offer any payment timeline for books already delivered At the same time, publishers are asked to solicit more titles despite[...]

Bleeding Cool has heard from a number of comic publishers, many of whom are seriously out of pocket over the Diamond Comic Distributors Chapter 11 bankruptcy, that they are also waiting on the now-overdue first payments from Ad Populum Under the name Sparkle Pop, the IP owner and merch distributor Ad Populum bought Diamond Comic[...]

Diamond Comic Distributors has issued a statement to comic book retailers It follows Penguin Random House stating that they were cancelling all Diamond third-party subdistribution from their exclusive comic book publishers Diamond has confirmed the news, but also how wide-ranging it is and how many publishers were PRH exclusive and now no longer available at[...]

Earlier this year, in the wake of Diamond Comic Distribution entering Chapter 11 bankruptcy, and Lunarf Distribution unable to suddenly deal with the influx of new publishers looking for an alternative, Massive Publishing, which already had a deal with Lunar, came up with a plan Operating as a subdistributing publisher, to get other publishers into[...]

This seemed to be borne out by the fact that Universal Distribution bought Diamond's Alliance Gaming Distribution arm and, per court documents, is working on acquiring Diamond UK, but left Diamond's U.S comics business to be acquired by Ad Populum.  At the time, that seemed to settle the matter. Until very recently, when suddenly, I started[...]

We looked at where some employees at Diamond Comic Distributors had found new jobs recently, but just hit the motherlode With seven senior Diamond Comics staffers now at Alliance Entertainment or AENT. Matthew Demory, who had been at Diamond Comic Distributors for thirteen years, moving from Comics Brand Manager to Print team Assistant Manager, has just[...]

Intending to sit alongside Diamond, Lunar and Penguin Random House, Phil tells Bleeding Cool that "we will be sending our digital catalog out monthly starting July 1st, 2025, to all retailers, whether brick and mortar or web-based retailers." Named publishers and creators include Zendescope, Antarctic Press, Crusade Fine Arts, Counter Point Comics,  Get Your Medz,[...]

The United States Bankruptcy Court has approved the latest amendment to the Debtor-in-Possession (DIP) Credit Agreement between Diamond Comic Distributors, its debtors, and JPMorgan Chase Bank This means that Diamond Comic Distributors can keep going under Chapter 11 bankruptcy protection, even though it was just bought by Ad Populum in a bankruptcy auction And maybe[...]

Penguin Random House have now pulled all their books from third-party distribution by Diamond Comic Distributors, or in PR teams "would like to thank Diamond for their partnership and contributions to the marketplace" but would also like their nine million dollars back please, co comic book retailers are going to have to go via Penguin[...]

Michael Dolce of comic book publisher Dren Productions saw the recent news we reported about Dynamite pushing to get half a million dollars in payment from Diamond Comic Distributors for recently shipped titles This should have been covered by the DIP funding during Chapter 11 bankruptcy, and Dynamite was trying to claim it as an[...]

Udon Entertainment and Manga Classics have told comic book retailers that they are to halt all shipments to Diamond Comic Distributors until further notice, and that any open Diamond orders should be considered as cancelled This will also impact on the timeliness of releases such as Mega Man Timelines. In a statement, Udon says; "UDON Entertainment and[...]

Dynamite Entertainment has filed new paperwork with the US Bankruptcy Courts regarding the Chapter 11 bankruptcy of Diamond Comic Distributors, now bought by Ad Populum Dynamite is claiming that payments that should have been made over the last few weeks, for comic books and merchandise delivered, should be counted as "administrative expenses" Dynamite claims the[...]

Last week, Diamond Comic Distributors filed a motion in the United States Bankruptcy Court, regarding their access to a special loan they took to keep their business running during their Chapter 11 bankruptcy process This loan, called a Debtor-in-Possession (DIP) Credit Agreement from JPMorgan Chase Bank, was for a maximum amount of $5.8 million and[...]

Diamond Comic Distributors has issued the following letter to comic book publishers and other vendors owed money as part of the Chapter 11 bankruptcy case, and purchase by Ad Populum, addressing current vendor concerns about recently-due payments that hadn't arrived as expected The letter reads as follows; "As we navigate the transition in ownership, we wanted[...]

Diamond Comic Distributors has sent out the following message to comic book retailers It reads as follows. Dear Diamond Customer: As you know, Diamond Comic Distributors is now part of the Ad Populum family This marks a new beginning with a future of greatly enhanced product offerings, as well as a time of transition Naturally, it also[...]

Next week, Diamond Previews will arrive in comic book stores But due to the news that Penguin Random House is pulling Marvel, Dark Horse, IDW, Dstlry, Boom, TokyoPop out of third-party Diamond Comic Distribution, what will be in this catalogue may not be all orderable, probably leading to considerable confusion The future of Diamond, recently[...]

Hermes Press has told its customers that Diamond Comic Distributors has "laid off most of their employees, effectively halting distribution of our products and many others." Their statement reads as follows: "For the past 20 years, Hermes Press has used Diamond Comics for distribution to comic shops and websites like Amazon In January, Diamond declared bankruptcy[...]

In a statement, Diamond Comic Distributors/Ad Populum confirmed to Bleeding Cool today that "Diamond Comic Distributors today confirmed that Penguin Random House will end its distribution arrangement with Diamond, effective June 25, 2025." And a Diamond spokesperson issued the following statement: "It's disappointing that after years of collaboration, Penguin Random House has abruptly cut off[...]

Two hours ago, I broke out the news on Bleeding Cool that Penguin Random House had pulled the ability for comic book retailers to order their Marvel, Dark Horse, IDW, TokyoPOP, Boom Studios and Dstlry titles through Diamond Comic Distributors as a third-party distributor I also wondered how this would affect Diamond UK, which is[...]

However, aside from DC, they all allowed former direct market monopoly Diamond Comic Distributors to sub-distribute from Lunar and PRH to comic book stores who still preferred to deal with Diamond Indeed, I am told that around 15-30% of direct market retailer orders for those publishers were still through Diamond, even though they were cheaper[...]