At the end of May, I reported that Dynamite Entertainment had filed paperwork with the US Bankruptcy Courts regarding the Chapter 11 bankruptcy of Diamond Comic Distributors Claiming that payments that should have been made for comic books and merchandise delivered, should be counted as "administrative expenses", with hundreds of pages of listings of items[...]
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An executive at Ad Populum, the company that purchased Diamond Comic Distributors, has confirmed to Bleeding Cool that Ad Populum has been restricted from dealing directly with any consignment vendors and has had to go through the bankruptcy estate for everything, including any correspondence And that Ad Populum sincerely hopes that this changes very soon.
Just[...]
At the end of May, Dynamite Entertainment filed 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 for comic books and merchandise delivered, should be counted as "administrative expenses", with hundreds of pages of[...]
During the Chapter 11 Bankruptcy, Skyrush Marketing of New York City and Long Island posted a press release saying that they had been selected as the highest bidder for Collectable Grading Authority (CGA), the Diamond-owned collectables grading business in the Chapter 11 bankruptcy auction for Diamond Comic Distributors CGA offers authentication and grading services for[...]
Diamond's ComicSuite is a customised software option that integrates with Retail Hero's Retailer Management Hero to create a point-of-sale system specifically geared toward comic book speciality retailers Six weeks ago, I reported on Bleeding Cool that Diamond Comic Distributors was laying off Comicsuite, Pullbox, and their website tech support department after it was agreed that[...]
The Exit Interviews for the six members of Diamond Comic Distributors who quit on the same day to go work for Alliance Entertainment, following Mike Schimmel, and kicking off another lawsuit in the ongoing Chapter 11 bankruptcy proceedings of the comic book publisher, have been unsealed And they paint a picture of a distributor that[...]
I understand through a variety of comic book industry sources that a number of prominent comic book publishers will be filing paperwork as part of the Diamond Comic Book Distributors Chapter 11 bankruptcy paperwork Some of this may be aimed at Ad Populum/Sparkle Pop, the new owners of Diamond, over the lack of payments to[...]
And according to sources, Universal Distribution will use Alliance Gaming infrastructure, which they acquired in the Diamond Chapter 11 bankruptcy auction, to distribute comics to the USA, something that Diamond was also doing with this infrastructure before the bankruptcy Universal have a structure and system more similar to that of Diamond Comic Distruibutors, so retailers[...]
As part of Diamond Comic Distributor's Chapter 11 Bankruptcy, they have listed the contract they have with San Diego Comic-Con to man a booth every year at the show But what now? An employee still at Diamond with knowledge of the situation tells me that "Diamond is not attending San Diego Comic-Con this year for[...]
Emily Botica has been at Diamond Book Distributors for 18-and-a-half years, with the last almost eight years as Vice President of Client Services, Before that, she was Director, Sales & Marketing. Associate Director, Sales & Marketing and Sales Manager She came to Diamond after six years at Borders as a Marketing Specialist and then Buyer[...]
Bleeding Cool has previously reported that Diamond Comic Distributors Inc – the debtor entity in the Chapter 11 bankruptcy of Diamond that is responsible for the bankruptcy debt, and not the new owner of Diamond, Ad Populum, is asking the court's permission to liquidate stock in its possession That is stock that is not owned[...]
We are hearing some disturbing reports that Diamond hasn't shipped them all out So, we want to know … Did they actually arrive?"
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Teddy Scares #2
Teddy Scares #1
Christine #1
Feel free to let them know[...]
Ben Dunn, founder of Antarctic Press, has had a hard time during the Diamond Comics Distributors Chapter 11 bankruptcy Yesterday, he posted on social media, "When there is unpredictability, it usually leads to confusion and fear This is the direct comics market at the moment A lot of this could be alleviated if the party[...]
In recent days, I ran the story that Diamond Comic Distributors Inc., the debtor entity in this bankruptcy, is applying for court permission to liquidate comic books, graphic novels, toys, games and other merchandise held at the distributor on consignment for publishers Diamond does not own this stock; it is meant to be held for[...]
Fabrice Sapolsky, co-creator of Spider-Man Noir, and co-founder New York-based graphic novel publisher FairSquare Graphics has been reading Bleeding Cool's reports on the activities of Diamond Comic Distributors Inc., the debtor entity in this bankruptcy, during the period of Chapter 11 bankruptcy Posting on social media, he is not mincing words He writes;
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That, before Diamond Comic Distribution moved to Chapter 11 bankruptcy, that AENT had looked into buying Diamond Comics there and then, which would have saved millions on legal procedures.
Well, Diamond/Ad Populum/Sparkle Pop has filed a new document in their lawsuit against Alliance Entertainment as part of the ongoing bankruptcy paperwork, the NDA that Bruce Ogilvie[...]
"Held Hostage" This was the phrase that Fantagraphics used about Diamond Comic Distributors' refusal to return the stock that Diamond had been holding on consignment from Fantagraphics and other publishers Comics, trade paperbacks, graphic novels and merchandise that Diamond had received, hadn't paid for, but wouldn't return And now it seems Diamond is looking to[...]
A few days ago, Bleeding Cool reported that Dynamite Entertainment would no longer be exclusive with Diamond Comic Distributors, but would be available from Lunar Distribution as well Now they have taken the extra step, and as a result of Diamond no longer paying for the comics and merchandise they are ordering from Dynamite and[...]
Kathy Govier has been a familiar name in the past five-plus years to all of us at Bleeding Cool as Chief Marketing and Communications Officer at Geppi Family Enterprises, the former owner of Diamond Comic Distributors And she has chosen Bleeding Cool to issue a personal statement about her leaving the company, in the light[...]
Fantagraphics has issued the following note to comic book retailers, headlined "A NOTE TO RETAILERS ORDERING FANTAGRAPHICS BOOKS THRU DIAMOND" And just like Titan, and Oni and many others now, they state this is because Diamond has stopped paying them Again.
"Effective immediately, Fantagraphics will no longer be distributed through Diamond Comics Distributors When Diamond declared[...]
Titan Comics has just issued the following statement: "Like many publishers, Titan Comics has not received payment from Diamond in some time. As a result, we are not currently fulfilling orders through Diamond." Titan Comics, which was one of Diamond's exclusive publishers until days ago, is now available from Lunar Distribution I don't yet know[...]
Robert Gorin is the Diamond Chief Restructuring Officer, in charge of the Chapter 11 bankruptcy process This comes as part of his role as Managing Director of Getzler Henrich, the middle market corporate turnaround and restructuring consultants hired by Diamond and the bankruptcy courts Their biography says they are "a highly accomplished leader with an outstanding[...]
In the last five years, Diamond Comic Distributors has gone from being America's only comic book distributor to bankruptcy, and has now been bought out of bankruptcy I remember being surprised, back in November, that we did not receive our weekly Diamond invoice by email, which I would use to update my store's website with[...]
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,[...]
This is the full and final FOC or Final Order Cut-Off list for Diamond Comic Distributors this week, the last chance for retailers to up their orders on certain titles or, indeed, decrease them In very recent times, there would be hundreds and hundreds of titles This week? There are five.
Screencap
The five titles are Howl[...]
Well, as it stands, there are currently five major bodies representing the most comic book publishers: Diamond, Penguin Random House, Lunar, Lunar Via Massive Indies, and Philbo Distribution Universal Distribution is on its way If I have missed any, let me know, and I'll do an edit.
Distributor logos
10 Ton Press – Diamond
1984 Publishing – Diamond
3D[...]
In a series of statements introduced into the Alliance Entertainment/AENT and Ad Populum/Sparkle Pop lawsuits over the Diamond Comic Distributors Chapter 11 bankruptcy proceedings, much has come down to AENT hiring a number of people from Diamond Comic Distribution Especially Mike Schimmel, former Vice President of Sales at Diamond, who has been there for twenty-one years,[...]
Zenescope may be listed in the new digital-only Diamond Previews, but they have pulled out entirely from the distributor and have made themselves the first publisher whose work is available through the new Philbo Distribution And in summary, that includes their anniversary Grimm Fairy Tales #100, the comic book that started it all for the[...]
First, the last big holdout at Diamond, Dynamite is to be distributed by Lunar Distribution Second, Diamond has cancelled the print version of their Previews catalogue Third, the people behind Comixology are creating a Comixology killer and have signed up Marvel and DC And now the news, being broken by Bleeding Cool at this hour,[...]
In a letter to retailers and publishers, Diamond Comic Distributors has announced the cancellation of the print catalogue, which has been a mainstay of the direct market for over thirty years But it will still be available as a now-free digital version through the PDF publisher Joomag which already hoists the Marvel Digital Previews every[...]