Posted in : Antarctic Press , Comics , Comics Publishers , Current News| Tagged : diamond , lunar
Antarctic Press puts a number of its creator - owned comics on hiatus over Diamond Comic Distributors ' bankruptcy resolution .
Article Summary
Joeming Dunn , Publisher and owner of Antarctic Press , has inform their laughable book creators about changes materialize to the publisher going forward as a lineal result ofDiamond Comic Distributors ' decision to move into Chapter 11 failure .
" To all our Creator . I have been asked quite a bit about the bankruptcy of Diamond Comics Distribution . To be frank , I insure the writing on the rampart some prison term ago as they were a very logical payer on time , and when things became a number " wonky " , I commence reading the tea leaves . in person , regarding Antarctic Press , I am lead a " do n’t panic " , pragmatic , " let us see what happens " attack to this position . I am assume many people with fiscal interests are all issue forth to accept , and we will see if enough impudent people can root for things together to make Diamond strong and more stable than before .
" Antarctic Press is in a office like many independent publishers where Diamond was a square portion of our income . But over the last 40 years of our existence , we have also view and have been postulate in many thing within the industriousness . We have never had the financial office and power to do or enact change , which we conceive would have been beneficial to the diligence , which should have been done long ago , but that is an entirely different treatment . In any case , Antarctic Press is fortunate in that I trust we can sustain the grocery store variety until " thing get figured out at Diamond . "
" Our plan is to do business as usual with Diamond in the short term . While the invoices due prior to bankruptcy will need to be reconciled at some point ( my surmisal is penny on the dollar mark ) , as they say , it is what it is . We will most in all probability have to eat those cost as this probably will not be dissolve for some sentence . We have a stream of account book coming through the pipeline , which are get over the next weeks . We will ship Diamond their Christian Bible in hopes they will honour their commitment to them . I am not holding my breath , but the books are already printed and are being ship to us from overseas , so we will be holding the bag on those . If they do not yield for those books , it will answer quite a few questions from our perspective . And then we will have to adjudicate how to go forward .
" Now , unluckily this will bear on our creator owned projects , we may have prioritized things which can make us prompt fund that we can curb their production and right . In other words , for instance , we can do crowdfunding campaign that will assist stabilise our income , which we are ineffective to do with most of our Lord - owned projects because we do not have those right wing . Therefore , we have put a hiatus on some Almighty - own booksbecause of that . In other words , we have to prepare for the eventuality of Diamond not follow through , and because of that , we can not continue to hold the bag on the debt associated with that . We hope that this will change again … we again must waitress and see .
" We have seek , over the preceding year , to get Penguin Random House or Lunar to carry our books , but to no avail . The frustration in that process is that we have emailed them multiple time and have gotten maybe one response from them , and when I follow up , I am ghosted . I wish I had an insider who I could talk to with those distributors , but I do not , so I am assuming they do not want to pick publishers like us at this clip . That is their prerogative , so I am not upset about it , but we were not give a luck to give them our sale pitch .
" While I personally appreciate all our Almighty - owned project , I understand that if you need to move on , we , of grade , will not inhibit that in any style . I can not predict the future . We have taken some steps to endeavor to weather the current storm . If we are successful or not is yet to be see , but in over 40 years of our existence as a publisher , I can frankly say we have check it all when it comes to this industry . Again , when we calculate it out , we will endeavor to keep everyone up to particular date . Thanks for being patient with us during this period of clock time . "
There are standardized stories touch on many comic account book publisher right now . Antarctic Press , however , are one of the few being this open about it .
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