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Yesterday
Alliance Entertainment is suing Diamond Comics after terminating their purchase agreement to acquire the comics company’s assets last week. Previously, they had sued after Diamond chose to sell to the backup bidders, Universal Distributors and Ad Poplum, after first agreeing to sell to Alliance, but the suit was later dropped. Alliance writes in the new suit that Diamond has refused to pay back Alliance’s $8.5 million earnest money deposit. The suit also claims that Diamond “fraudulently misrepresented” their relationship with gaming manufacturer Wizards Of The Coast (WOTC), which they write is Diamond’s largest vendor, accounting for 25% of revenue. (They reported …
Deal of the Day
Pulitzer Prize-winner Leonard Pitts Jr.'s THE ANGRY HOUSE, about a traumatized, sentient, and psychokinetic former slave cabin on the grounds of a onetime plantation being turned into a destination resort for wealthy tourists, and the young Black groundskeeper who is the one person who can somehow hear the house, which warns him that, if the Dionysian opening celebration planned by a dotcom billionaire and despicable political aspirant goes ahead … read more
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publishers on a monthly basis, as well as a new digital audio upgrade, which reports sales from six publishers and
is the first available dataset for this fast-growing segment.
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