The already-teetering comics industry is about to come crashing down… hard.
Dear Diamond Vendor:
As the world responds to the outbreak of COVID-19, our focus is on protecting employees, understanding the risks to our business, evaluating the risks to our industry and examining the Federal Government resources available. While the full impact of this epidemic is still unknown, one thing is certain: supply chain disruptions have cash flow implications across the extended industry that can’t be underestimated.
While we work to understand the current industry landscape, the unfortunate truth is that we are no longer receiving consistent payments from our customers. This requires that at this time, we hold payments to vendors previously scheduled to release this week. This is a difficult decision and not one we make lightly. As this situation continues to evolve, we are committed to building out a plan for payment and will have more information to share later this week.
Thank you for your patience and understanding during these difficult times.
Translation: Marvel, DC, and all the various other publishers who sell through Diamond are not getting paid.
But never fear, both the Arkhaven Comics digital store and the Castalia Direct print edition store are running at full steam. In fact, we even expect to have the gold-logo limited edition of Chuck Dixon’s Avalon #6 available in the latter tomorrow.