Sparkle Pop Archives

Last month, Sparkle Pop, the company owned by Ad Populum that acquired the Diamond Comic Distributors comics business at bankruptcy auction, now dubbed Diamond II, filed a lawsuit against comic book publisher Dynamite Entertainment for breaching an exclusive distribution agreement signed in 2015, and to recover costs, claiming they were owed $1.7 million Now, Dynamite[...]

The parties involved in the mediation agreement include the Diamond debtors themselves, the Official Committee of Unsecured Creditors, lender JPMorgan Chase Bank, Sparkle Pop, the purchasers of the Diamond business known as Diamond II, and two groups representing consignment vendors: the Consignment Group and the Ad Hoc Committee of Consignors. The Consignment Group is made up[...]

And also that "Image assigns to the Debtors all of its rights to any proceeds from Sparkle Pop's unauthorised sales of Consigned Inventory." Sparkle Pop/Ad Populum is the entity that bought Diamond, the business, at auction, now dubbed Diamond II.  Image and Diamond I have also agreed not to sue each other over related matters. You[...]

Diamond Comic Distributors, the business bought at auction by Sparkle Pop/Ad Populum, as opposed to Diamond Comic Distributors, Inc, the debtors in the Chapter 11 bankruptcy case, is now going by the name Diamond Comic Distributors II LLC or DCD II in correspondence with other businesses So maybe we'll start using it as well And[...]

Chapter 11 bankruptcy case issued an order to Sparkle Pop/Ad Populum, the buyers of the Diamond Comics business division They require that Ad Populum immediately halt all sales, marketing, and advertising of consigned comic books and merchandise, owned by the publishers, but at the heart of a bankruptcy custody battle. Of course, at the beginning of[...]

Honest. Then send a letter to publishers which looks like it isn't Now they are looking for more money and longer to pay it back. Dynamite would like half a million now, please. Udon and Manga Classic have now cancelled all Diamond orders. Then so did Drem Productions And PRH starts to close their special retailer joining offer Diamond gets a fourth wave of funding and deadlines. Philbo Distribution launches. Alliance[...]

It still survived even after so many publishers left Diamond, Diamond went bankrupt, and Ad Populum/Sparkle Pop bought the company, though it moved to free-digital rather than paid print-and-digital But no longer. #gallery-1 { margin: auto; } #gallery-1 .gallery-item { float: left; margin-top: 10px; text-align: center; width: 33%; } #gallery-1 img { border: 2px solid #cfcfcf; } #gallery-1 .gallery-caption { margin-left: 0; } /* see gallery_shortcode() in wp-includes/media.php */ Diamond Previews Diamond Previews Main[...]

Three days ago, Bleeding Cool reported on new Diamond Comic Distributors owner Ad Populum/Sparkle Pop's court filings regarding the issue of consigned stock of comics, games and merchandise held by Diamond, and now the subject of who gains from it as part of Diamond's Chapter 11 bankruptcy process Heads up, it's not the publishers. To summarise,[...]

Ad Populum/Sparkle Pop, which bought Diamond Comic Distributors comic book business at the Chapter 11 auction, has filed a new legal objection to Diamond Comic Distributors, Inc, the debtor in this bankruptcy action It's over Sparkle Pop's selling of consigned comic book stock, owned by the comic book publishers, but claimed by the Debtors And[...]

Ad Populum/Sparkle Pop bought Diamond's comic book business, while Diamond Comic Distributors Inc, the debtor, is a separate entity in this bankruptcy action So the body known as Diamond Comic Distributors Inc, the debtor, is trying to liquidate the stock of comics that Sparkle Pop didn't buy, because they were held on consignment, still owned[...]