diamond Archives

Unlike Chapter 11 bankruptcy proceedings, which Diamond Comic Distributors is undergoing, with an attempt to keep the business going, Chapter 7 seeks liquidation of assets, and the business typically ceases operations For HC Wind Down Corporation, the filing indicates that no property or assets are currently available to pay creditors An earlier Chapter 11 reorganisation[...]

In a new development in the ongoing Chapter 11 bankruptcy proceedings of Diamond Comic Distributors, Inc., a number of involved parties have reached a consensus to refer several contentious issues to the Bankruptcy Dispute Resolution Program It aims to resolve disputes efficiently through mediation without prolonged litigation The parties involved in the mediation agreement include[...]

In a recent federal lawsuit filed in the United States District Court for the District of New Jersey, Sparkle Pop/Ad Populum has sued Dynamite Entertainment, also known as Dynamic Forces, claiming that the publisher owes them $1.7 million. Ad Populum/Sparkle Pop bought the business end of Diamond Comic Distributors, Inc as part of the Chapter 11[...]

And lots of stores have stopped ordering from Diamond Comic Distributors full stop, as it is no longer worth their while Which may be why they are getting a little more inventive with their collections, such as the work of Rob Williams and RM Guera, collecting two Judge Dredd stories together, Rend & Tear With[...]

Both Universal and Soarkle Pop were the joint high bidders in the Diamond Comic Distributors Chapter 11 bankruptcy case, with Sparkle Pop getting what's now known as Diamond II as well as the rights to Free Comic Book Day, and Universal getting Alliance Gaming Now another deal has been done. Free Comic Book Day event Universal Distribution[...]

Yesterday, the longstanding publisher of magazines and books about comics, TwoMorrows, launched a crowdfunded support campaign on GiveButter in an attempt to recoup some of their losses from the Diamond Comic Distributors bankruptcy At the time of publication, they have raised $12,341, or 18% of their $65,000 goal As they state on their campaign page; Twomorrows[...]

I stayed with Rodman Comics, though I will miss the access to ice cream I could have had. When I opened fifteen years ago, COVID, derecho (I never heard of such a storm before), and Diamond going bankrupt did not register on my radar Most of the time, I do at least have a heads up[...]

Last month, 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[...]

Alliance Entertainment, or AENT, was the successful bidder in the Diamond Comic Distributors chapter 11 bankruptcy auction Instead, the debtors chose the back-up bidders, Universal and Ad Populum/Sparkle Pop AENT challenged this with the courts, got reinstated as the successful bidder, then withdrew, claiming that the Debtors had not informed them that Wizards Of The[...]

As part of Diamond Comics' ongoing Chapter 11 bankruptcy, comic book publisher Dynamite Entertainment has secured a court order for an expedited hearing on its motion to compel discovery from Diamond Comic Distributors, Inc., the debtor in this process.  This is not to be confused with the Ad Populum/Sparkle Pop division, which now calls itself[...]

Diamond Comic Distributors, the business bought at auction by Sparkle Pop/Ad Populum, as opposed to Diamond Comic Distributors, Inc, the debtors in the Chapter 11 bankruptcy case, is now going by the name Diamond Comic Distributors II LLC or DCD II in correspondence with other businesses So maybe we'll start using it as well And[...]

Last week, the court in the ongoing Diamond Comic Distributors, Inc Chapter 11 bankruptcy case issued an order to Sparkle Pop/Ad Populum, the buyers of the Diamond Comics business division They require that Ad Populum immediately halt all sales, marketing, and advertising of consigned comic books and merchandise, owned by the publishers, but at the[...]

The next big hearing for the Diamond Comic Distributors, Inc Chapter 11 bankruptcy process was meant to be on the 30th of September Taking in the matters of the consigned inventory of comics, games and merchandise, owned by the publishers but being claimed by the debtors, as well as objections from all sides Well, now[...]

You know, as the kids used to say back in 2012. Ultimate Spider-Man/Absolute Batman – the DC/Marvel crossover they should have done I had sourced the original story from Diamond Comic Distributors' website through a technique I dubbed "URL farming", taking the URLS of published stories, and tweaking them to see if something unpublished but newsworthy would[...]

In January, Diamond Comic Distributors Inc announced it was entering Chapter 11 bankruptcy In May, the assets of the company were sold off, and in the end, Ad Populum/Sparkle Pop bought Diamond's comic book distribution business division assets, the major comic book direct market distributor for the last forty years.  This development did little to[...]

Diamond UK was defined as a profitable side of Diamond Comic Distributors before their parent company's Chapter 11 bankruptcy, and was sold off as part of a management buyout or MBO, earlier this year, for over two million dollars While many publishers left Diamond, they almost all stuck with Diamond UK because a) they kept[...]

Bleeding Cool gets the word that on the 21st of August, there was an internal meeting held between staffers at Ad Populum/Sparkle Pop and those at the Diamond Comics business division they acquired from Diamond Comic Distributors Inc, the debtor in the ongoing Chapter 11 bankruptcy action And it was about the future of Free[...]

The Diamond Previews catalogue, the massive tome that lists, advertises and, well, previews everything coming from Diamond Comic Distributors, has been running for almost forty years, is no more Looking back, it provided a wealth of historical and cultural context for the comic book industry over its publication Copies even become collectable if someone decides[...]

Diamond Comic Distributors has not held a retailer industry panel in well over a year Of course, the Chapter 11 bankruptcy process may have had something to do with that But now I learn that Diamond UK is to hold one at next month's MCM London Comic Con – if that is what they are[...]

Diamond Comics Suing All The Comic Book Publishers was the most-read story on Bleeding Cool, again, yesterday Lying In The Gutters is the daily runaround for the most-read stories the day before, as well as over the past seven years Founded over sixteen years ago and steeped in a history of comic book industry gossip[...]

Diamond Comics Suing All The Comic Book Publishers 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 seven years Founded over sixteen years ago and steeped in a history of comic book industry gossip for[...]

In new legal filings hitting the docket now, Diamond Comic Distributors Inc, the Diamond Debtors in the Chapter 11 bankruptcy case, have begun suing comic book publishers in adversary proceedings The same comic book publishers whose stock is held by Diamond on consignment, and which the Diamond Debtors have been seeking to liquidate and keep[...]

Well, the Diamond Comic Distributors Chapter 11 bankruptcy case is beginning to feel like it will be doing some Dickens cosplay. At the request of the Diamond Debtors, the Baltimore bankruptcy courts have extended the schedule further First, the timeline for the Debtors to have the exclusive right to file a Chapter 11 plan is until[...]

Three days ago, Bleeding Cool reported on new Diamond Comic Distributors owner Ad Populum/Sparkle Pop's court filings regarding the issue of consigned stock of comics, games and merchandise held by Diamond, and now the subject of who gains from it as part of Diamond's Chapter 11 bankruptcy process Heads up, it's not the publishers. To summarise,[...]

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[...]