Alliance Entertainment Holding Company has acquired major assets of Diamond Comics distributors, as announced this morning. Alliance is a global wholesaler and distributor who lists music, movies, video games, electronics, arcades and collectibles in its products. Now add comics.
Although Alliance received “basically” of diamond assets under this version, the version only mentions Diamond Comics distributors, affiliate game distributors and collectable hierarchical authorizations – the list of acquired assets includes Diamond Select Toys & Collectiibles. This is supposedly included diamond books, perhaps British diamonds. Not specifically mentioned: Diamond Choice Toys and The gentle giant, perhaps the favorite of the comics industry, is a free comics day. “Basically all” is different from “all”, so we’ll find out where we’ve gone.
We have published the PR below for your information, but we will update it as more news becomes available. Perhaps most notably the surprise suitor is that everyone wants to know who would buy diamonds to watch inside the comics world – when reality is that diamonds’ toys and gaming businesses are equally valuable, even more valuable, and attracts interest from the comics world outside the comics world released globally.
We’ve just started Googled Alliance, but one thing to note is: It’s a publicly traded holding company. This often means cuts and more cuts to stay profitable – and many delicious SEC applications to see financials. .
There is a new 800-pound gorilla on the block and we are just figuring out how to say hello.
Alliance Entertainment Holdings (NASDAQ:AENT), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades and collectibles, announced today that it has been selected as the winner Obtain a large number of assets from diamond comic distributors. The proposed acquisition requires bankruptcy court approval, including Diamond Comics Distributors (USA), Alliance Game Distributors, Diamond Choice toys and Collections, and a hierarchical management agency that can be collected, the authorization unified represents a 42-year-old business recognized as a category leader in comics, table games, table games, popular merchandise and collectibles.
“This is an opportunity to expand our leadership in the world of gaming and physics collectibles and deepen our reach into the thriving fan-driven category.” Jeff WalkerCEO of Alliance Entertainment. “With its exclusive title, deep retail relationships, and strong reach in comics, tabletop games and collectible merchandise, these businesses complement our existing distribution and implementation models. We see strong cross-selling potential between our product line and customer base, expanding our reach across our portfolio in Mass retail and dedicated channels.”
“We are extremely honored to welcome the talented team of Diamond Comics distributors, Alliance Game publishers and Alliance Entertainment’s family of talented rating permissions.” Bruce OgilvieExecutive Chairman of Alliance Entertainment. “These are password professionals who have built deep relationships across the fandom, hobby, and collectibles communities. We look forward to supporting them, learning from them, and investing in their success. To the suppliers, creators, and publishing partners that make this ecosystem so dynamic, we’re excited to collaborate and build lasting value together. And to the customers who rely on these brands every day, we remain committed to delivering the Excellent service and reliability you expect, and taking it even. ”
The acquired companies bring a combination of scale, cultural cuisine and commercial scope. Diamond Comics Distributors (USA), affiliate game publishers, and collectible scoring permissions support over 5,000 retail stores, from independent comics and game stores to professional retailers, mass-market chains, and leading e-commerce platforms.
Through these businesses, Alliance Entertainment will gain a deeper access to a highly engaged community of retailers and fans that form the backbone of $50 billion in tabletop games, collectibles, comics and pop culture merchandise. These businesses have long-term relationships with many of the most iconic brands and publishers in the fan ecosystem, including:
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- Dungeons and Dragons, Magic: Party (Coast/Hasbro’s Wizard)
- Pokémon Trading Card Game
- Miracle, prosperity! Entertainment and Dark Horse Comics
- Dragon Ball, one piece, Digimon (Bandai Namco)
Alliance Game Distributors is a category leader in the fast-growing tabletop gaming sector, offering over 15,000 unique Skus to more than 3,000 independent hobby retailers in North America. IT partnered with over 150 game publishers to provide industry staple food and breakthrough hits in card games, board games, role-playing games (RPGs) and microcosm.
Diamond Comic Distributor (US) is the backbone of long-standing comic books, graphic novels, action characters and licensed collections in the industry. With over 40 years of history, it remains the preferred fulfillment engine for more than 2,500 comic shops and thousands of retailers® Directory, with more than 30,000 readers per month.
The Collections Rating Authority brings a high-value service layer to the Alliance’s products and has rated over 500,000 favorites for dealers, collectors and auction companies in more than 50 countries.
These businesses will not only expand Alliance Entertainment’s product portfolio, but also expand its market coverage. By already identifying a large number of account overlaps, the acquisition will immediately realize the potential of cross-selling: bringing Diamond’s fan best intellectual property into the alliance’s mass retail and e-commerce channels, while bringing the alliance’s extensive physical media catalog and licensed merchandise to thousands of special accounts.
“This deal will position the alliance to achieve long-term value by bringing the world’s most effective and scalable distribution platforms to some of the world’s most iconic fan-driven brands,” Walker added. “It fits directly directly with our strategy to increase our market share and expand our profit potential through high-impact capital opportunities. By integrating these assets, we increase product exclusivity, expand the scope of retail and e-commerce, and unlock new cross-channel synergies while maintaining a distant share of value in our operations.”
Alliance Entertainment intends to fund the acquisition through an amendment to the existing $120 million revolving credit line, and is expected to increase to $160 million. The revised facilities will be secured by the commitment of the Company’s existing collateral and the Company’s existing collateral. The transaction and line of credit amendment is expected to close in April 2025, but will be approved by the final bankruptcy court and customary closing conditions.
