Diamond moves closer to having a new owner

The bankruptcy court approves the bid from Universal Distribution and Ad Populum, with a final closing date still pending.

It looks like Diamond is moving ever closer to having a new owner, and — surprise! — it’s not the top bidder in their bankruptcy auction.

Alliance Entertainment, “a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, and collectibles,” won the auction, which led to a bunch of drama that I’ll recount below. But after all sorts of shenanigans — is that a legal term? — the bid from Universal Distribution LLC and holding company Ad Populum has been approved by the court.

Under the agreement, Universal will acquire Alliance Game Distributors (a different company than Alliance Entertainment; things haven’t gotten that weird), and Ad Populum will acquire Diamond Comic Distributors, Diamond Book Distributors, Diamond Select Toys & Collectibles, Collectible Grading Authority and “other related assets.” Diamond UK remains separate from this sale process, and the transaction is subject to final closing.

The press release had quotes from all three entities, with Joel Weinshanker, managing director of Ad Populum, winning with the best one:

“Ever since I was young, I’ll never forget walking through the front door of my neighborhood shop and spotting those iconic Diamond Comic boxes, each one opening to reveal my dreams and ambitions,” said Joel Weinshanker, managing director of Ad Populum. “We’re incredibly excited to build on Diamond’s remarkable legacy by bringing Ad Populum’s best-in-class sales, marketing, and distribution to the next chapter.”

Continue reading “Diamond moves closer to having a new owner”

Ed Brubaker + Sean Phillips return to ‘Criminal’ with a new graphic novel

Image Comics will release ‘The Knives’ in August.

It’s been about half a decade since we’ve seen new Criminal material from Ed Brubaker and Sean Phillips, but that dry spell ends this year with The Knives, the first Criminal story since 2019.

The Knives arrives from Image Comics in August as an original graphic novel. Previous volumes of Criminal started as comic series that were eventually collected, so it’s a shift to the OGN format the duo has been excelling in for the past several years with Pulp, Night Fever and other projects.

“A few years ago someone reached out to me to return some of my uncle’s lost possessions, after his family estate had been plundered, and bizarrely, that sparked the inspiration for what I hope is the biggest and best Criminal book yet. A crime story about one generation growing up in the life, another growing older and trying to get out of it, and Hollywood, somehow, too,” said Brubaker. “This book is an epic, the longest original graphic novel we’ve ever done, and it’s been a joy to return to this series and these characters, especially after spending most of the last three years watching them come to life on set and screen. I can’t wait to get this book into readers’ hands.”

Continue reading “Ed Brubaker + Sean Phillips return to ‘Criminal’ with a new graphic novel”