diamond Archives

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[...]

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[...]