Dynamite Entertainment, Diamond Comic Distributors' largest publisher client in its final months, filed a motion asking the court to order Diamond to pay invoices from April and May; Diamond responded by filing an objection to the motion.
In their motion, filed in late May, Dynamite asked the court to order payment of three invoices totaling $509,114.21, and of attorney's fees and interest related to the claim, arguing that as a post-petition creditor, they are entitled to those expenses if, "…the debtor-in-possession's obligation has not been performed."
Diamond filed an objection this week, arguing that it doesn't know how much it owes Dynamite because of "certain offset rights" that it has not completed calculating. Diamond also challenged the legal basis for Dynamite's request for fees, and argued that even if it owes money to Dynamite, it shouldn't have to pay the amounts due now because, "Dynamite has not demonstrated that it will suffer any hardship should it not receive immediate payment."
The dispute marks a sad coda to the relationship between Diamond and Dynamite, the last of Diamond's Big Seven comic publisher clients at the beginning of 2020 that was still there at the end. The rest had all left for other distributors, beginning in early 2020 with DC Comics. The sixth to leave was BOOM! Studios, which accelerated a planned move to Penguin Random House Publisher Services after Diamond filed Chapter 11 (see "BOOM! Studios Accelerates").
Dynamite has not announced any change to its distribution relationships, which presumably passed to Sparkle Pop, the entity created by Ad Populum to acquire Diamond's comic and merch distribution business (see "Under New Ownership").

Diamond Objects
Posted by Milton Griepp on June 13, 2025 @ 4:22 am CT

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