But Diamond promises this three-quarters reduction in payment to the comics publishers is only temporary:
Below is the outline of vendor payments from Diamond Comic Distributors and Diamond Book Distributors. Beginning this week, the week of April 6th, you will receive 25{de336c7190f620554615b98f51c6a13b1cc922a472176e2638084251692035b3} of the weekly amount due under your contract term. Each subsequent week, you will receive a 25{de336c7190f620554615b98f51c6a13b1cc922a472176e2638084251692035b3} payment of that week’s balance due. This reduced payment schedule will continue for 6 weeks. With the remaining 75{de336c7190f620554615b98f51c6a13b1cc922a472176e2638084251692035b3} due in each of those weeks being deferred. Following that 6-week period, we will begin payment of the deferred balance in equal payments over a 13-week period.”
And here I was estimating only a 50 percent reduction. I could be wrong, as only IDW publicly reports results, but I don’t think any of the primary players can afford to stay in business at that level for long.
We’re still contemplating the right way to go about launching an Arkhaven subscription plan. We probably won’t do it very soon, but we have been kicking around some intriguing ideas that I suspect will be of great interest to Arkhaven fans. And speaking of Arkhaven, we expect to release this to the Alt-Hero backers before the end of the month, featuring a new team of superheroes known as The Gods of Peaceful Sleep.
