{"id":7002,"date":"2025-03-25T10:03:47","date_gmt":"2025-03-25T15:03:47","guid":{"rendered":"https:\/\/comichron.com\/blog\/?p=7002"},"modified":"2025-03-25T10:03:47","modified_gmt":"2025-03-25T15:03:47","slug":"alliance-entertainment-acquires-diamond-comic-distributors-in-bankruptcy-auction","status":"publish","type":"post","link":"https:\/\/comichron.com\/blog\/2025\/03\/25\/alliance-entertainment-acquires-diamond-comic-distributors-in-bankruptcy-auction\/","title":{"rendered":"Alliance Entertainment acquires Diamond Comic Distributors in bankruptcy auction"},"content":{"rendered":"<p><strong>Alliance Entertainment<\/strong> \u2014 no relation (before now) to <strong>Alliance Games<\/strong> \u2014 announced today it has won its bid to acquire &#8220;substantially all&#8221; assets from Diamond Comic Distributors. Alliance is a Florida-based distributor of toys, video games, and vinyl records.<\/p>\n<p>Alliance Entertainment trades on NASDAQ as AENT, where its market cap today is $200 million. The firm says the Diamond purchase came out of its existing $120 million line of credit which it expects to increase to $160 million. Its history is<a href=\"https:\/\/www.aent.com\/our-story\"> here<\/a>.<\/p>\n<p>Diamond was founded on Feb. 1, 1982 by Steve Geppi; this ends his 43 years of ownership. Our distribution timeline is <a href=\"https:\/\/www.comichron.com\/archives\/comicstimeline.html\"><strong>here<\/strong><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alliance Entertainment \u2014 no relation (before now) to Alliance Games \u2014 announced today it has won its bid to acquire &#8220;substantially all&#8221; assets from Diamond Comic Distributors. Alliance is a Florida-based distributor of toys, video games, and vinyl records. Alliance Entertainment trades on NASDAQ as AENT, where its market cap today is $200 million. The &#8230; <a title=\"Alliance Entertainment acquires Diamond Comic Distributors in bankruptcy auction\" class=\"read-more\" href=\"https:\/\/comichron.com\/blog\/2025\/03\/25\/alliance-entertainment-acquires-diamond-comic-distributors-in-bankruptcy-auction\/\" aria-label=\"Read more about Alliance Entertainment acquires Diamond Comic Distributors in bankruptcy auction\">Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[],"class_list":["post-7002","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/posts\/7002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/comments?post=7002"}],"version-history":[{"count":1,"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/posts\/7002\/revisions"}],"predecessor-version":[{"id":7003,"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/posts\/7002\/revisions\/7003"}],"wp:attachment":[{"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/media?parent=7002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/categories?post=7002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/comichron.com\/blog\/wp-json\/wp\/v2\/tags?post=7002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}