Free Comic Book Day is owned and run by Diamond Comic Distributors The company has filed for Chapter 11 bankruptcy protection and has seen a number of publishers pull out of Diamond completely as a result With tariffs threatened on comics published in Canada – which is most of the Free Comic Book Day titles[...]
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According to paperwork filed with the courts regarding Diamond Comic Distributors' Chapter 11 bankruptcy proceedings, the Debtor Investment Banker Raymond James has been looking for potential purchasers of Diamond Comic Distributors' assets They have contacted one-hundred-and-sixteen parties, sixty-two of whom were previously contacted before the bankruptcy petition was filed and fifty-four of whom were reached[...]
The fallout from the Diamond Comic Distributors bankruptcy continued to play out In a letter to British and Irish comic book retailers, Diamond UK has stated;
"Following on from my email earlier this week I can confirm that we have received our Image product for 29th Jan and 5th February, and this will be included in[...]
Now IDW Publishing faces layoffs alongside Dark Horse Comics... and more to come across the comic book industry, it seems.
Pokemon and Fright-Rags have both issued reclamation demands to Diamond Comic Distributors, currently undergoing Chapter 11 bankruptcy protection, regarding items they delivered to Diamond's warehouse without payment and would now like them back, please If a company files for Chapter 11 bankruptcy, a supplier who delivered goods within the previous 45 days can petition the[...]
Earlier yesterday morning, Bleeding Cool reported that in the light of Diamond Comic Distributors going through Chapter 11 bankruptcy, that Massive Publishing had joined up with Lunar Distribution instead but had agreed to launch Massive Indies as a new sub-distribution initiative for independent publishers and self-published studios to go through Lunar without actually dealing with[...]
This comes in light of major hits to the industry, including Diamond Comic Distributor's bankruptcy and Penguin Random House reacting in a similar fashion as they did with IDW,
Dark Horse Comics editor Konner Knudsen posted on social media, "Today I was laid off from Dark Horse Comics While devastating news, I'm proud of what I[...]
This comes after being exclusive to Diamond Comic Distributors, which is currently going through Chapter 11 bankruptcy and not paying their bills Bleeding Cool has previously reported on publishers in a similar situation but cannot even get a response from Lunar Well, Massive Publishing wants to give them a hand up as well, launching Massive[...]
Talking to industry insiders over the past few weeks, Diamond Comic Distributors declaring Chapter 11 bankruptcy after the last few years has not entirely surprised people, but it's squeaky bum time for everyone working there and the vendors and retailers being serviced by them There is, however, an expectation from many that Diamond will find[...]
Still ridiculous though.
First, regarding the Diamond Comic Distributors Chapter 11 bankruptcy, I didn't hear anything about the threat of Penguin Random House leaving IDW on the hook for the IDW-related debt that PRH was owed by Diamond However, they did say that while bankruptcy had a significant impact, it was not an existential one More[...]
Even though Transcontinental has its own issues, such as being owed a quarter of a million dollars by Diamond Comic Distributors for printing the Previews catalogue, they are making the move to cover the cost of tariffs on the comics they print for ninety days after the tariffs have been imposed That effectively puts a[...]
Bleeding Cool has been doing our level best to monitor, catalogue, analyse and contextualise the ongoing impact of Diamond Comic Distributors announcing Chapter 11 bankruptcy The latest victim to speak out is TwoMorrows Publishing, which has contacted its regular readers with the following appeal They state that "Diamond Comic Distributors has filed for bankruptcy without[...]
It was only a few days ago that Bleeding Cool reported on the impact of the Diamond Comic Distributors' decision to call in Chapter 11 bankruptcy on Valiant Comics' publishing plans, with Matias Timarchi, Director of Valiant's publisher Alien Books telling Bleeding Cool, "We had already decided to publish fewer books during November, December, and[...]
The firm of Raymond James Financial has been hired by Diamond Comic Distributors for the sum of $50,000 a year as the Debtors Investment Banker in Diamond's Chapter 11 bankruptcy dealings However, even though Chapter 11 proceedings were announced this month, he was hired on the 24th of September last year by Diamond in a[...]
Bleeding Cool previously reported the comments of Joeming Dunn, Publisher and owner of Antarctic Press, to their comic book creators about changes happening to the publisher going forward as a direct result of Diamond Comic Distributors' decision to enter Chapter 11 bankruptcy and that they have put a hiatus on some creator-owned books Ben Dunn,[...]
And maybe you just have.
Doubt For IDW's Future and the top ten stories on Bleeding Cool yesterday
IDW Report: Diamond Bankruptcy Leaves "Substantial Doubt" For Future
Black Mirror Season 7: Netflix Clip Previews "USS Callister" Sequel
Reacher Season 3 Preview Images: Neagley Always Has Jack's Back
Cobra Kai Season 6: New Part 3 Sneak Peek, Preview Images Released
Titan Comics[...]
Mad Cave Studios and Vault Comics have told Diamond Comic Distributors that they will not be distributed by Diamond any more Both publishers have distribution deals with Lunar Distribution non-exclusively, as well as Diamond, but they now appear to be going all-in with Lunar This follows Image Comics stating that they won't allow Diamond to[...]
All over the recent changes to the comic book marketplace as a result of the declaration of bankruptcy from Diamond Comic Distributors, but also Lunar and PRH's disinclination to take on other comic book publishers right now They write with a proposition;
"With the looming threat of Diamond's collapse (and God knows we're rooting for them[...]
IDW Media Holdings' just-released annual investor's report includes a section that expresses "substantial doubt" on their "ability to continue as a going concern," and it's all down to the uncertainty created by Diamond Comic Distributors issuing Chapter 11 bankruptcy proceedings IDW quit being exclusively distributed by Diamond in 2021 and went exclusive with Penguin Random[...]
Bleeding Cool continues to report on Diamond Comic Distributors' Chapter 11 bankruptcy situation The United States Trustee has appointed the following creditors to serve on the Official Committee of Unsecured Creditors of Diamond Comic Distributors and associated companies.
Little Buddy Toys of Anaheim, California
Simon & Schuster, of Riverside, New Jersey
Titan Publishing Group Limited/Titan Comics of Southwark, London,[...]
Well, after the also-Bleeding Cool scooped news of Diamond Comic Distributors declaring Chapter 11 bankruptcy, that timescale has been shortened somewhat to the first of April 2025 Former Diamond Executive Vice President, and now Boom Studios Vice President of Sales, Josh Hayes, e-mailed retailers to say;
"Dear Partners – I'm writing to you today about some[...]
Joeming Dunn, Publisher and owner of Antarctic Press, has informed their comic book creators about changes happening to the publisher going forward as a direct result of Diamond Comic Distributors' decision to enter Chapter 11 bankruptcy.
"To all our creators I have been asked quite a bit about the bankruptcy of Diamond Comics Distribution To be[...]
While we continue to dive into the paperwork around the Chapter 11 bankruptcy of Diamond Comic Distributors, Mile High Comics boss Chuck Rozanski recalls the time when Diamond was investigated of being a monopoly by the US government And revealing his previously unknown participation in that investigation He writes on social media;
"Despite my long-standing friendship[...]
When Diamond was the only vendor for American comic books, I thought that was limiting comic book growth If I did not have a comic on hand and Diamond did not, I basically could not get it and still sell it at a profit My store was basically just an outreach of Diamond Comics I[...]
We have reached the end of the first week of Diamond Comic Distributors' thirteen-week Chapter 11 bankruptcy period Twelve weeks to go until we know whether or not Diamond will have a future and who with Bleeding Cool will continue analysis, details, scoops and speculation over what may be a very troublesome period for the[...]
Diamond Comic Distributors does one extraordinary thing It gives small press comic book publishers the opportunity to gain national, indeed worldwide distribution for free across the direct market And what money Diamond took was a small fraction Given processing costs on the smallest titles, they probably took a loss The qualifications were ridiculously low on[...]
The print version of Diamond Previews is a week late, in stores on the 5th of February Diamond may be dealing with Chapter 11 bankruptcy, but it has been able to publish the latest Diamond Previews catalogue, and they are working on next month's right now The front cover has Something Is Killing the Children[...]
Horror comic book publisher American Mythology, which also licenses Three Stooges and Laurel and Hardy comics, has issued the following statement to Bleeding Cool regarding Diamond Comic Distributors' current decision to enter Chapter 11 Bankruptcy They tell us—and you…
"If you missed the news – Diamond Comic Distributors – the outlet that supplies comic books to retail[...]
We are now into 2025, and Diamond still seems to be having issues with shipping comics They have even announced they have declared bankruptcy On a previous week, I had on three different days checked in comics in the same week, along with doing pulls for our pull customers; two of the shipments were from[...]
Diamond Comic Distributors emails comic book stores stating "I hope this message finds you well As you may be aware, Diamond is currently facing some challenges However, the team is optimistic that we will return to normal operations shortly Given the prevalence of misinformation circulating online, I want to emphasize the importance of relying solely[...]