"This Could Be Bloody": What Does Diamond's Bankruptcy Mean For the Future of Comics?

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"This Could Be Bloody": What Does Diamond's Bankruptcy Mean For the Future of Comics?
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After months of red flags, the comic book industry is reeling from the announcement that Diamond Comic Distributors had filed for Chapter 11 bankruptcy relief. While no longer the only distributor, Diamond is and has been the biggest distributor in the comics direct market since the 1990s. If the company can recover, these challenges might lead to a healthier comics industry, but it could be catastrophic for comic book retailers.

What Are the Most Likely Scenarios for the Comic Book Industry After Diamond's Bankruptcy? A Lot of Possibilities Exist, But There Are Two Most Likely Options In the best-case scenario, the industry emerges a lot more stable now that the long-standing distribution monopoly has been truly broken up.

Diamond Comics Distributors to Restructure Following Bankruptcy Filing Toys, Grading, and Other Businesses Could Be Sold Off In an email to retailers, Diamond president Chuck Parker said that the restructuring will"likely include the sale of key assets," with Universal Distribution interested in taking on Alliance Game Distributors.

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