The Hunt Valley company had a near monopoly on getting comic books into the hands of retailers for years. Now the firm is facing Chapter 11 bankruptcy and has over $50 million in liabilities.

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United States

Major Hunt Valley comic distributor files for bankruptcy

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Image Credit: Diamond Comic Distributors One of the oldest distributors of comics has filed for Chapter 11 bankruptcy. Tuesday morning, Diamond Comic Distributors filed a voluntary petition for relief under Chapter 11 in order to help facilitate the restructuring of its business. Chapter 11 falls under the United States Bankruptcy Code and is typically used to reorganize the company’s debt and business. As part of the filing, Universal is lookin…

ComicBook.com

National Amusements

Michael Redstone

Diamond Comic Distributors Files for Bankruptcy as Another Company Looks to Become a Buyer

The world’s biggest English language comics distributor is selling off assets and scaling its business back in order to survive.

Media Bias/Fact Check

The Verge

Vox Media

Diamond Comics Distributors has filed for Chapter 11 bankruptcy

Diamond Comics Publishers, which once held a near-monopoly on the distribution of comics in America, has filed for Chapter 11 bankruptcy.

Gizmodo

G/O Media

One of Comics' Biggest Distributors Has Filed for Bankruptcy

Diamond has received stalking horse bid from Universal Distribution for Alliance Game Distributors

Anime News Network

Kadokawa Corporation

Diamond Comic Distributors Files Chapter 11 Bankruptcy

Diamond Comic Distributors, the world's biggest English language comic book distributor, is filing for bankruptcy and scaling its business back in order to survive. The Verge reports: In a letter sent to comics retailers and publishers today, Diamond president Chuck Parker announced that the compan...

slashdot.org

Comics Distributor Diamond Is Filing For Bankruptcy

Big shakeups in the comics world, as a new letter reveals that Diamond Comics Distributors has filed documents for Chapter 11 bankruptcy proceedings. According to a letter sent from its president, Chuck Parker, comics and games distribution behemoth, Diamond Comics Distributors (which also owns Alliance Game Distributors) has filed for Chapter 11 bankruptcy. The move […] Diamond Comics Files Chapter 11, Will Sell Off Alliance Game Distributors i…

Bell of Lost Souls

Diamond Comics Files Chapter 11, Will Sell Off Alliance Game Distributors in Restructure

Diamond Comic Distributors have announced that it has filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code, and is actively pursuing offers for all its businesses including Diamond Select Toys and Gentle Giant Ltd.

Jedi News

Diamond Comic Distributors Files Voluntary Petition for Relief Under Chapter 11

Sadly, Diamond Comic Distributors has filed for Chapter 11, a protective measure in the United States Bankruptcy Court. Chapter 11 means Diamond can keep the lights on, is protected to a degree from hostile actions and has some time to sort itself out. This usually means finding a buyer for the business or making massive changes. Diamond Comic Distributors owns Alliance Game Distributors. Both companies act as a middleman between publishers and …

Geek Native

Diamond Comic Distributors files Chapter 11: It's the indie publishers who'll be hit

Industry rumblings were confirmed this morning as Diamond Comic Distributors filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Maryland. 
Once the undisputed king of comic book distribution with a near-monopoly on the business, Diamond has been a staple in the comic shop and specialty retail industries for over 40 years. Under Chapter 11, the comp…

Major Hunt Valley comic distributor files for bankruptcy

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