Diamond Comic Distributors just declared bankruptcy, which could have a far-reaching impact on comics. What does this mean for the industry's future?

Update: Diamond's two largest unsecured creditors are Penguin Random House (a publishing company and distributor for other publishers, including manga ones such as Dark Horse) and Bandai. Diamond owes these two companies US$9,202,181 and US$4,348,743, respectively.

As the implications and consequences of Diamond Comic Distributors' bankruptcy become clearer, CBR can confirm that Image Comics will no longer allow the company to distribute its titles. Unlike DC Comics,

Although it's not entirely surprising for Diamond to make such a decision given what's publicly known about both the company and comics industry in a post-pandemic world, the news still came as a shock to most — from employees of the company to publishers,