Diamond Comedian Distributors, a linchpin within the distribution of comics to comics retailers because it was based in 1982, has made a Chapter 11 chapter submitting within the U. S. Chapter Courtroom for the District of Maryland. In response to the submitting, Diamond has obtained $41 million in debtor-in-possession financing from JP Morgan Chase that […]

Penguin Random Home will finish its distribution association with Diamond Comedian Distributors, efficient June 25. Diamond’s comics distribution enterprise was just lately acquired by popular culture distributor Advert Populum, which made a profitable joint bid, together with Common Distribution, for Diamond’s property after it filed for chapter. In response to Diamond’s January chapter submitting, PRH […]

The day earlier than a listening to set for April 25 to shut Alliance Leisure’s buy of Diamond Comedian Distributors occurred, Alliance filed a discover with the Securities and Trade Fee “terminating the beforehand executed Asset Buy Settlement to accumulate considerably the entire property of Diamond.” No cause was given for the sudden change of […]

After two months of intense hypothesis, the comics enterprise lastly has some reassurance that the bankrupt Diamond Comedian Distributors is not going to merely shutter. As a substitute, it’s slated to be acquired by Alliance Leisure—an organization that started in music retail in 1990 earlier than increasing into wholesale. Following a decade of profitable mergers […]

The historical past of the rise of graphic novels within the twenty first century has not likely been written about from a enterprise standpoint. John Shableski was Gross sales Supervisor at Diamond E book Distributors from 2007 to 2011 and has shared some recollections of these early days, together with a timeline for a number […]