Diamond Comic Distributors files for bankruptcy, leaving Australian retailers in uncertainty

The company that once had a monopoly on the entire industry, Diamond Comic Distributors has declared bankruptcy, causing retailers to face question marks over their future.

US company Diamond Comic Distributors has filed for bankruptcy. For most of its history, the company has been the largest distributor of comics for Australian book retailers. With the announcement, many Australian speciality comic book shops, especially those focusing on Japanese manga titles, face an uncertain future.

“Diamond has been a linchpin of the comic book industry for over four decades. Our priority has always been to provide quality service to publishers, retailers and, ultimately, comic fans, and we remain committed to finding additional buyers for our businesses,” said President Chuck Parker earlier this month.

Unlock Padlock Icon

Unlock this content?

Access this content and more

David Burton is a writer from Meanjin, Brisbane. David also works as a playwright, director and author. He is the playwright of over 30 professionally produced plays. He holds a Doctorate in the Creative Industries.