After agreeing to accept a bid from Alliance Entertainment as part of a Chapter 11 reorganization, Diamond owners terminated the deal in favor of a joint offer from Universal Entertainment and Ad Populum. The action triggered a lawsuit from Alliance, and the matter is now in the hands of two courts. Continue reading at 'Publishers Weekly'
[ Publishers Weekly | 2025-04-08 04:00:00 UTC ]
Penguin Random House will end its distribution arrangement with Diamond Comic Distributors, effective June 25, following Ad Populum’s recent acquisition of the bankrupt Diamond’s comics distribution business. PRH is Diamond’s largest creditor, and is owed $9.2 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2025-05-22 04:00:00 UTC ]
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A brief filing made late on April 10 suggests that the court is prepared to back the offer made for Diamond by Alliance Entertainment over a lower bid from Universal Entertainment and Ad Populum. Continue reading at Publishers Weekly
[ Publishers Weekly | 2025-04-11 04:00:00 UTC ]
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