diamond Archives

When the Diamond Chapter 11 Bankruptcy auction at Raymond James offices was finalised, the winner was announced as Alliance Entertainment/AENT Bruce Ogilvie, AENT chairman, was then invited onto a podcast with comic book retailers Dennis Barger and Jesse James after, apparently, watching my performance on the Beyond Wednesdays podcast the previous week, talking about the Diamond situation[...]

All 45 Free Comic Book Day titles for 2025 from Charlie Brooker's Black Mirror to Post Malone's Big Rig... and the seven that were junked

Almost an hour ago, Bleeding Cool ran the news that Baltimore courts today confirmed the sale of Diamond Comic Distributors to Canadian comics distributor Universal Entertainment and to pop culture IP owner Ad Populum, under the name Sparkle Pop Now, Diamond has confirmed who gets what They state; "Under the agreement, Universal will acquire the assets[...]

Bleeding Cool told you that a new hearing in the Diamond Comic Distributors Chapter 11/Chapter 7 bankruptcy case was taking place in the Baltimore courts today, even if the main issue they were meant to be hearing had changed significantly since it was filed. Reports from the court state that, quite simply, the Baltimore Bankruptcy Court[...]

The Diamond Comic Distributors bankruptcy situation hit the courts again today And while we are waiting to find out what, if anything, happened, here's some reaction from comic book retailers, publishers, creators, collectors, readers, and Diamond employees themselves of events over recent days… You can use these Diamond and bankruptcy tags to keep up with the[...]

Today, Diamond Comic Distributors is back in court, looking at old business with Judge Rice in the Baltimore bankruptcy court, at  10.30am Central time This session was originally meant to look at the Alliance Entertainment (or AENT) purchase of Diamond Comics Of course, since that meeting was arranged, this has changed AENT has pulled out[...]

Yesterday, Bleeding Cool reported on filed paperwork by the Baltimore bankruptcy courts to turn Diamond Comic Distributors' Chapter 11 bankruptcy proceedings trying to rescue the company, to Chapter 7 bankruptcy, liquidating the company's assets and closing it down The hearing is set for a month's time, and the reasons cited are that Diamond Comic Distributors[...]

Alliance Entertainment, or AENT, is suing Diamond Comic Distributors over the details of how the Chapter 11 bankruptcy process played out In this process, they were named the highest bidder for Diamond, initially rejected by the debtors, confirmed by the courts, and then terminated the purchase agreement themselves.  The current lawsuit claims that Diamond "fraudulently[...]

The US Bankruptcy courts of Baltimore have issued new paperwork for Diamond Comic Distributors to move it from Chapter 11 bankruptcy to Chapter 7 bankruptcy In layman's terms, that means moving from attempting to legally reorganise Diamond Comics to be an ongoing company again to liquidating its assets and closing it down for good. The official[...]

Why did Alliance Entertainment or AENT terminate its agreed and won purchase of Diamond Comic Distributors? Under Chapter 11 bankruptcy, and based on court documents, there are only a few reasons it would be allowed to And Bleeding Cool is going to go through them all and share some of out thoughts on the matter. To[...]

Yesterday, Bleeding Cool ran the news that pop culture distributor Alliance Entertainment or AENT were cancelling their high eight-figure planned purchase of Diamond Comic Distributors, despite winning the Chapter 11 bankruptcy auction and having the courts confirm their right to purchase when Diamond's debtors stated they preferred a lower bidder, Universal Distribution/Ad Populum. Emily Boticas, Vice[...]

Alliance Entertainment or AENT has issued an SEC filing as a Notice Of Termination over their agreement won in Chapter 11 bankruptcy auction to buy  Diamond Comic Distributors. SEC filing screencap The filing states first that"On April 25, 2025, Thomas Finke advised the Board of Directors of Alliance Entertainment Holding Corporation (the "Company") that he is resigning[...]

Diamond Comic Distributors has told comic book stores that price increases due to the US government's recent increase in taxes and tariffs will be coming, and will begin to affect their orders this week As we understand it, they will not apply to comic books, graphic novels or other printed media, but will affect toys,[...]

Yes folks! There will be a Diamond Comic Distributors' monthly Previews catalogue, the last made before Alliance Entertainment bought the company at the Chapter 11 Bankruptcy What happens next month, we have no idea. But this one has Vampirella: Armageddon #1 by Tom Sniegoski and Kweber Baalon set in the future world of Sepulchre City, and Deadpool Finger Guns cartoon resin statues[...]

Earlier today, Bleeding Cool looked at new legal papers being filed by Titan Comics, trying to clarify their relationship with Diamond Comic Distributors in the wake of Chapter 11 bankruptcy, claiming concern for themselves and comic book retailers, as the next round of solicits and orders are due However, as part of the paperwork, we[...]

You might have thought that the Chapter 11 bankruptcy dealings with Diamond Comic Distributors, being acquired by Alliance Entertainment, were all over bar the shouting after the court made its decision But there are some wrinkles yet to be ironed out Titan Comics and Titan Books, together as Titan Publishing, made up the main comic[...]

The Baltimore Chapter 11 Bankruptcy Court has issued an order approving the asset purchase agreement between Diamond Comic Distributors and associated companies, and the high bidder in the bankruptcy auction, Alliance Entertainment It does appear to be for everything, Diamond, Diamond UK, Diamond Select, CGA, Alliance Gaming, the lot. Diamond logo In January, Diamond Comic Distributors, the biggest[...]

Previously in the Diamond Chapter 11 Bankruptcy, the auction of Diamond Comic Distributors' assets saw Alliance Entertainment come out on top, beating out the backup joint bidder Universal Distribution and Ad Populum, as well as a lower bidder, Basic Fun. However, after the auction, and after Alliance Entertainment was declared the winner by Diamond, Diamond did a reverse[...]

Yesterday, saw the Chapter 11 Bankruptcy of Diamond Comic Distributors get its post-auction court hearing with the Honorable Judge Rice in Courtroom 9-D at the United States Bankruptcy Court for the District of Maryland at 10 am It was intended to ensure the legality of the bid and the process But the events of the[...]

In January, Diamond Comic Distributors, the biggest distributor of comic books to comic stores in the world, declared Chapter 11 bankruptcy This enabled it to keep operating while it tried to find a more permanent solution to its debts But as the court hearing approaches in a matter of hours, things have suddenly got a[...]

This morning, Bleeding Cool reported that the debtors in the Diamond Comic Distributors Chapter 11 bankruptcy case had stated that they preferred the auction joint bid by Universal Distribution and Ad Populus rather than the previous winning bid by Alliance Entertainment or AENT. Bleeding Cool confirmed that the Universal/Ad Populus bid was just over $69 million,[...]

So it looks like Alliance Entertainment or AENT may not be buying Diamond Comic Distributors after all Universal Distribution, along with Ad Populum, may also be back in the game. Earlier this year, Diamond Comic Distributors, a stalwart distributor of comics to the direct market, declared Chapter 11 bankruptcy after a tumultuous half-decade On the 24th[...]

Diamond Comic Distributors today announced that it is continuing to finalize documentation for the sale of the assets of Diamond Comic Distributors, Alliance Game Distributors, Diamond Book Distributors, Diamond Select Toys & Collectibles, Collectible Grading Authority, and other related assets to Alliance Entertainment (not related in any way to Alliance Game Distributors) The United States[...]

Comic book stores ordered for the direct market from Diamond UK for all their monthly comic book needs While some used Penguin Random House or others for graphic novels, depending Lunar Distribution was too expensive; they couldn't amortise their shipping costs to hundreds of individual stores through a central warehouse, as Diamond UK could do,[...]

This deal is effective as of the beginning of the month and marks Udon's departure from its previous book market distribution arrangement with Diamond Book Distributors This comes after Udon Entertainment also began offering its titles to the comic book store direct market through Lunar Distribution rather than just through Diamond Comic Distributors as a[...]

Dstlry announced an ill-timed exclusive deal with Diamond Comic Distributors just before Diamond announced Chapter 11 bankruptcy. And now Dstlry have announced a "multi-year sales and distribution agreement" with Penguin Random House, beginning June 2025 Though notably not an exclusive one. Dstlry Joins Penguin Random House For Distribution "Penguin Random House is the consummate leader in sales and[...]

One Bruce Ogilvie, Chairman of Alliance Entertainment who, a few days later, with his partner Jeff Walker (who was physically at the auction) would buy Diamond Comic Distributors at auction as part of their Chapter 11 bankruptcy proceedings And yesterday he was on the podcast as this week's special guest First, the guys broke down the[...]

As part of Bleeding Cool's reportage of the Diamond Comic Distributors' Chapter 11 bankruptcy proceedings, including the agreed winning bid for the majority of the company from Alliance Entertainment or AENT, we noted the contracts that were being transferred from Diamond to Alliance Entertainment But it looks like this may be a rocky road ahead[...]

AENT or Alliance Entertainment buying Diamond Comic Distributors 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 six years Founded sixteen years ago and steeped in a history of comic book industry gossip[...]

This morning, Bleeding Cool reported that Diamond Comic Distributors had selected Alliance Entertainment as the successful bidder in its Chapter 11 Bankruptcy Sale, held yesterday and today in New York City We can now confirm that the sale included the core operations of Diamond Comic Distributors, Inc., Alliance Game Distributors, Collectible Grading Authority, and Diamond[...]