Diamond Comic Distributors and related companies have been sold, including Diamond Select Toys. Below is a press release:
Diamond Select Toys offerings are available on Entertainment Earth, BigBadToyStore, and Amazon. Also check out Zavvi U.S./Canada, and Zavvi U.K.
Entertainment Earth is offering a Buy More Save More Sale that is valid on in-stock action figures, toys, plush and more starts now, until May 6th at 11:59 PM PST, coupled with free shipping! This is the perfect opportunity to save big on your favorite products. Discount is taken off in the shopping cart. The Gift Code will be emailed to you after placing an order. Check out the sale now by clicking HERE!
BigBadToyStore is offering $4 Flat Rate Shipping and a Pile of Loot feature to ship later. Use this LINK and start shopping.
HUNT VALLEY, Md.–(BUSINESS WIRE)–Diamond Comic Distributors (“Diamond” or “the Company”), today announced that the United States Bankruptcy Court for the District of Maryland (“the Court”) has approved a combined bid by Universal Distribution LLC (“Universal”) and Ad Populum to acquire the assets of Diamond Comic Distributors. Under the agreement, Universal will acquire the assets of Alliance Game Distributors, and Ad Populum will acquire the assets of 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. The transaction is subject to final closing.
“We are pleased that the court has approved Universal and Ad Populum’s combined bid. Our priority during this process has been to minimize disruption to publishers, retailers, our employees, and comic and games fans everywhere,” said Diamond Chief Restructuring Officer Robert Gorin. “We are confident that this will provide the best outcome for everyone involved.”
“This expansion into the U.S. market through our acquisition of Alliance Game Distributors marks a pivotal moment for Universal Distribution,” said Angelo Exarhakos, President and CEO of Universal Distribution. “We’re committed to building strong, transparent partnerships and ensuring that Alliance continues to serve as a reliable and resilient link in the supply chain.”
“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.”