Need a cozy sweatshirt, bookish tote, or mug? Get one at the BookBrowse Merch Store!

Diamond Comic Distributors files for bankruptcy

BookBrowse News - The Full Story

Diamond Comic Distributors files for bankruptcy

Jan 15 2025

Diamond Comic Distributors, a linchpin in the distribution of comics to comics shops since it was founded in 1982, has made a Chapter 11 bankruptcy filing in the U. S. Bankruptcy Court for the District of Maryland.

According to the filing, Diamond has received $41 million in debtor-in-possession financing from JP Morgan Chase that will be used to fund operating expenses and to meet its working capital needs. The filing also states that Diamond has received a stalking horse bid from an affiliate of Universal Distribution to acquire Diamond’s Alliance Game Distributors division for $39 million.

More News Stories

BookBrowse Book Club

  • Book Jacket
    Becoming Madam Secretary
    by Stephanie Dray
    New York Times bestselling author Stephanie Dray returns with a captivating novel about an American heroine France Perkins—now in paperback!
  • Book Jacket
    Dream Count
    by Chimamanda Ngozi Adichie
    A searing new novel from the bestselling author of Americanah and We Should All Be Feminists, exploring four women's desires.
  • Book Jacket
    The Jackal's Mistress
    by Chris Bohjalian
    From the New York Times bestselling author of Hour of the Witch, a Civil War love story of a Confederate wife and a wounded Yankee.
  • Book Jacket
    A Map to Paradise
    by Susan Meissner
    From the USA Today bestselling author of Only the Beautiful. 1956, Malibu, California: Something is not right on Paradise Circle.

Members Recommend

  • Book Jacket

    Girl Falling
    by Hayley Scrivenor

    The USA Today bestselling author of Dirt Creek returns with a story of grief and truth.

  • Book Jacket

    The Dream Hotel
    by Laila Lalami

    A Read with Jenna pick. A riveting novel about one woman's fight for freedom, set in a near future where even dreams are under surveillance.

  • Book Jacket

    The Antidote
    by Karen Russell

    A gripping dust bowl epic about five characters whose fates become entangled after a storm ravages their small Nebraskan town.

  • Book Jacket

    Jane and Dan at the End of the World
    by Colleen Oakley

    Date Night meets Bel Canto in this hilarious tale.

  • Book Jacket

    Raising Hare
    by Chloe Dalton

    A moving and fascinating meditation on freedom, trust, and loss through one woman's friendship with a wild hare.

Who Said...

Courage - a perfect sensibility of the measure of danger, and a mental willingness to endure it.

Click Here to find out who said this, as well as discovering other famous literary quotes!

Wordplay

Solve this clue:

B O a F F T

and be entered to win..

Your guide toexceptional          books

BookBrowse seeks out and recommends the best in contemporary fiction and nonfiction—books that not only engage and entertain but also deepen our understanding of ourselves and the world around us.