Hollywood Reporter disclosed that DC Comics has dropped Diamond Comics Distributors as its long-standing partner after Diamond cut payments to publishes claiming cash-flow issues.
An email sent to retailers explained, “We recognize that, to many of you, this may seem like a momentous decision. However, we can assure you that this change in DC’s distribution plans has not been made lightly and follows a long period of thought and consideration. The change of direction is in line with DC’s overall strategic vision intended to improve the health of, and strengthen, the Direct Market as well as grow the number of fans who read comics worldwide.”
Rad the entire story at the Hollywood Reporter.