Steve Geppi, CEO of Geppi Family Enterprises and owner of Diamond Comic Distributors, announced a cockamamie scheme to capitalize on comic book shops reopening. Most comic book shops were forced to close their doors because of COVID-19. That, and because Diamond Comic Distributors, the lone distributor of comics, decided to distribute. They also decided not to…
Diamond Comic Distributors
Diamond Comic Distributors did not have to close its doors
When I first heard Diamond Comic Distributors, the sole distributor for comic books in North America closed its doors, I didn’t think they had a choice. I was wrong. Even though the state of Maryland ordered all nonessential businesses to close because of the COVID-19 pandemic, it turned out Diamond didn’t have to close. Because…
Diamond Comic Distributors chooses not to pay comic book publishers
Diamond Comic Distributors sent a letter to comic publishers announcing it has decided not to them scheduled payments. This is the letter: Dear Diamond Vendor: As the world responds to the outbreak of COVID-19, our focus is on protecting employees, understanding the risks to our business, evaluating the risks to our industry and examining the…
Diamond Comic Distributors is shut down, but it was not their choice
Self-proclaimed non-journalist Rich Johnston at Bleeding Cool “broke” the story that Diamond Comic Distributors is ceasing operations until further notice due to the COVID19 pandemic. That means they will no longer be distributing comic books for the foreseeable future. The thing that makes this fact such a monumental step is that Diamond is the sole…