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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[...]

Alliance Entertainment, the new purchasers of Diamond Comic Distributors, after their Chapter 11 Bankruptcy, are a public company and listed on the NASDAQ exchange Which means they are subject to minute by minute scrutiny with their stock price seen as the ultimate judgment in any and all of their decisions Even if very little can[...]

Alliance Entertainment Holding Corporation has announced that it has been selected as the winning bidder to acquire substantially all of the assets of Diamond Comic Distributors after Chapter 11 bankruptcy proceedings Alliance Entertainment is a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, and collectables The proposed acquisition, which is subject[...]

Comics of Philadelphia, Pennsylvania, the store that the movies Unbreakable and sequel Glass were filmed in, are the only body to have confirmed they have made a bid for Diamond Comic Distribution as part of the current Chapter 11 bankruptcy proceedings Though it is possible they may not have bid that much. Ontario St Comics from[...]

The Diamond Comic Distributors Auction continues..  and 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 a[...]

As I previously reported, today saw the auction for the assets of Diamond Comic Distribution as part of their Chapter 11 Bankruptcy procedures take place at 320 Park Avenue, New York City.  I couldn't be there, I'm in London and right now, Brits travelling to the USA are not exactly in the best position to[...]

Previously, Bleeding Cool scooped the news that Alien Books, publisher of Valiant Entertainment books, was going to have to cut back plans for publishing their Valiant Beyond launch in the wake of the Diamond Comic Distributors Chapter 11 bankruptcy proceedings and threatened tariffs As well as having difficulty getting distribution outside of Diamond, too small[...]

I get word from the Diamond Comic Distributor auction currently taking place in New York City that we may not get a resolution today That today's proceedings are now likely to stretch into tomorrow It is perhaps unsurprising, given the complex issues involved More as we hear it, of course The auction of Diamond Comic[...]

The auction of Diamond Comic Distributors, in the light of its declaration of Chapter 11 bankruptcy, will be held at the offices of Raymond James & Associates, 320 Park Avenue, 12th Floor, New York in one hour's time Right here. 320 Park Avenue, New York, Google streetview The details of the auction were posted publicly in the[...]

Diamond Comic Distributors has gotten a bit more cash from JP Morgan Chase for their Chapter 11 bankruptcy operations, and that, it seems, includes publishing a Previews catalogue for next week, even if the contents are a little more on the thinner side right now With Dynamite, who have stuck with Diamond through thick and[...]

Cheney has lodged a strong opposition to two motions presented by Diamond Comic Distributors and its debtors in their ongoing Chapter 11 bankruptcy case.  Filed today, he contests Diamond and the Debtors' proposals to implement key employment incentive and retention programmes as well as Diamond's request to seal sensitive information related to these plans The[...]

The new partnership is in addition to Titan's existing relationship with Diamond Comic Distributors, who have been going through Chapter 11 bankruptcy of late Titan also owned Diamond UK back in the day Titan Comics' products will go live with Lunar on the 21st of March for product shipping in June 2025. "We are thrilled to[...]

Yesterday Bleeding Cool posted the hot rumour, heard in previous weeks, that Todd McFarlane is an interested purchaser of Diamond Comic Distributors, currently going through Chapter 11 bankruptcy proceedings With today as the final day for parties to register their interest and bids on certain aspects of Diamond's operations I posted the report on Bleeding[...]

Tomorrow, the deadline for registering bids for auction for the assets of Diamond Comic Distributors are up for auction, is up "19th of March, 5 pm ET, the deadline by which all qualifying bids (except a credit bid by the Lender) must be actually received by the Debtors and their advisors." Then the auction will[...]

So why is he such a spawny get right now? Because last year, before the Diamond Comic Distributors chapter 11 bankruptcy news, Tripwire signed a distribution deal with Lunar Distribution, even though it cost them more than continuing with just Diamond, as Diamond UK was cheaper to send copies to from the UK where it was[...]

We previously cited Dynamite/Dynamic owner Nick Barrucci saying that the amount was much higher than was stated, closer to a quarter of a million dollars, though in the filing they just say that the amount has "fluctuated since the petition was filed." They also state that Diamond should also include all the attorneys' fees accrued[...]

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[...]