Posted in : Comics , Comics Publishers , Current News , Valiant| Tagged : newlitg , Valiant Beyond
Valiant has postponed their Valiant Beyond relaunch over concerns about Diamond Comic Distributors ' conclusion to go into chapter 11 bankruptcy .
Article Summary
Valiant Comics has had quite the furious publication story . The current version of the Valiant Universe , release with Alien Books , has pass down well with fans of the four old variation ( Shooter , Acclaim . , Dinesh , DMG ) , and they were heading to a Modern relaunch as Valiant Beyond . But that was beforeDiamond Comic Distributors decided to inscribe Chapter 11 bankruptcyand no publisher knew if they were getting paid . I got word that some creator at Valiant had been told to stop act on their comic book for now . So I reached out to recover out more . I am told that Alien Books has chosen to prorogue the launch of the Valiant Beyond opening until they have more news about the future tense of Diamond , but they have not call off anything so far . They are also working onother distribution options , are advance on the script , home art , and covers for Valiant Beyond and have secured defrayal for artists , but the docket has to be go around . Matias Timarchi , Director of Alien Books , tells Bleeding Cool ,
" Luckily , what happened with Diamond found us in the best risky - case scenario . We had already decided to publish few books during November , December , and January because we were make on relaunching the Valiant credit line with the Valiant Beyond initiative , which was schedule for March of this year . We also have young licenses that we have n’t announce yet , and we were planning to do around March / April . While the Distributor owe us money , aswe have n’t received payment since December , I believe we ’ll be able-bodied to reorganize and move onward . Even though the money owe to us is indispensable for our operations , we ’re work to ensure it wo n’t become critical . This will require restructuring the companionship and reducing operational expenses to sustain this project . Clearly , this will come at a high price for us , as we ’ll postulate to move some account book around on the agenda until the securities industry stabilizes . Meanwhile , we ’re focusing all our efforts on crowdfunding campaigns(we have a very successful one run properly now : I DRAGON)and launching our own on-line store . Until we know precisely what will happen with Diamond in the coming calendar week , we ca n’t make too many line of work decisions . As a resolution , we ’ll move much more slowly , retard our publishing programme , reevaluate our Johnny Cash stream , and so on . This will be a heavy blow for us , as it interrupts us during a outgrowth form , and we ’ll have to reinvent ourselves . However , I have faith that we ’ll be capable to do it and extend on the path we started some meter ago . "
Bleeding Cool will continue to report from the frontlines on the impact that the Diamond Comic Distributor bankruptcy is having across the manufacture .
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