Diamond had a monopoly in the comics industry for 3-4 decades and they had every store and manufacturer over the barrel. They refused to adapt, their website is still straight out of 1999, they have horrible shipping practices, and they’ve made every publisher angry to the point where every major comic book publisher has left them at this point. They went from like 90%+ of the comic book market going through them to under 10% probably at this point.
This is all true, but the most significant problem is that comic readers stopped buying the trash that was produced by the Major comic companies. Marvel and DC. Small comic companies did well, but the major companies went woke and forgot the audience wasn't woke. Plus new books cost four to five, and more dollars, that killed sales. Black, or gay Superman? That won't work. Just as an example.
as someone who after the break away of dc and marvel from diamond in the last few years works with diamond, lunar and penguin random house now, i can with full confidence say, that the website of penguin is the worst site to order comics from, maybe only beat by the italian ordering site of panini here in europe. with this news i am very afraid of the future for the comics industry. after having to use them for a few years now, i absolutely despise all the ordering systems of diamonds competitors. form initial orders to foc, diamond has the best ordering system i have got to use so far (with using comicsuite). with how annoying it is to order through penguin i have even made the decision, to keep ordering marvel through diamond despite getting 2% less from them. the hassle is just not worth dealing with penguins system.
I had a similar problem with a distributor of Hasbro products during the same period. I was selling mainly Star Wars products, and they flew out the door. But suddenly things stopped selling. I found Hasbro dumping products on eBay, nowhere else, just eBay. They were selling under the distributor pricing and with free shipping. The shipping was a big deal because certain items cost $20-30 each, not retail and wholesale shipping costs. I was looking to sue everyone but lawyers weren't sure about dumping laws, which I found, but they thought were too old. Plus, I needed a more cooperative distributor, but these guys had no balls and didn't want to lose Hasbro or were afraid to lose them. So I was the victim in the Hasbro overproduction, then cover-up, as I saw it. Recently, I learned that the Florida pension fund bought Hasbro stock and is suing Hasbro for non-disclosure of their inventory problem and subsequent cover-up, even in their public SEC fillings. So, I was correct and somewhat vindicated. I'm now going to call the lawyers representing the pension, explain my story and the pain it caused my retail business, and see if I can help their case.
The golden word is feedback. In my industry we demand constant feedback. Literally. We ask for 3 positives and 1 negative feedback on a daily basis. This is to constant remind ourself what we do good and what we can improve on. There is always something to improve on. I know companies that does not give or take feedback ever. Those companies are bad companies, period.
@@sideshowonacidyou ever watch the episode of The Simpsons where Homer bought stock in pumpkins? He said something about not selling because he had a feeling they were going to spike in price several months after Halloween, which was on brand for him. It's exactly like that. Go watch that and you'll get it immediately.
I applied to alliance for our store and got a random email two weeks later with a pdf attachment and literally just the sentence: "Please attach payment details." No hello, nothing. I did not sign up with them
I used to work for a Chapter 11 company that help the court / other companies that files for bankruptcy. Sometimes what happens is some people want to retire early so they drain the company and run.
Unfortunately, Alliance is my main distributor. I agree, they are hard to deal with. Locally, Southern and GTS is a joke. They both have their "golden boy" shops that get everything they want and allocate everyone else to absolute minimums. Before my Southern rep quit, he showed my the allocation breakdown. One shop was getting 80% of Southern's local supply, the rest of us got the leftover scraps. As for GTS, everytime they explain their allocation rules, it changes. We order $500k from them but get allocated to under $10k in product. Then they base your allocations on the $10k spent, not the $500k ordered
And nothing of value was lost. You don’t need Diamond with how the comic industry has abandoned their core audience. You know the guys that paid money to actually buy comics. Not the type that go to Barnes and Noble and read a graphic novel and get cheeto dust on it and never spend a penny. Except on the Cheetos.
Ban's graphic novel sales are fairly decent but not healthy compared to manga. Most of those readers convert regularly into buyers for manga. North American audiences don't honestly care a great deal for superheroes. Never have. Stuff like Scott Pilgrim sells.
Also something worth noting, Diamond also owns CGA, a grading company that deals with action figures, dolls, and video games (they were doing this LONG before Wata and CGC came into play). I wonder if this will be up for grabs as well.
There's a blast from the past! I used to spend hours poring over the Diamond Previews catalogs before placing my DCBS orders. I'm not surprised about this, since my old LGS used to carry comics years ago and stopped when they realized how stagnant the market was🤷♂️
14:28 I had similar conversations with ACDD and GTS. They wanted me to buy thousands of dollars of a previous set before they'd allocate the new set to me. MagX has always worked with me if I ran into spots. Shout out to Miranda at MagX!
US distributors seem incredibly hard to work with. European ones generally let you buy whatever you want, and your allocations are separate foe each product and brand.
Except they want over retail for their back stock. Always my argument with them. Can't buy your leftovers when you are charging more than they sell at full retail
Honestly the writing was on the wall for a long time. They tanked the American Comic book industry and basically ruined everything. They cooked the golden goose and ate it too.
One issue for retailers/distributors is publishers have been offering digital copies direct to the consumer for close to a decade now. Not only are they direct to consumer, but they are cheaper than paperback. I can't say that is a main reason for their problems, but it likely has contributed to it.
the digital transformation in printing and amount of people who make comic books has led to a LOT of comic books coming out but some of them sell, some don't, but the point is that it leads to lot of inventory sendback and difficulties in guessing how big runs to make and distribute. it's a lot harder to juggle that stuff for 300 titles than 15 and 200 of those titles have no historical data.
I have a diamond account… they have been terrible my whole experience but! I always got the many damaged books replaced. The price of books and comics being political mixed with the Mcu failing lol disaster
Nice content as always! I had a couple waffle fries during the duration. But it reminds me of a parallel with this video and the clip of Steve Jobs talking about going out and hiring professional management. Sounds like these companies are run similar with good managers who know how to manage but ultimately don’t know how to do anything. I miss the chair throw but great content as always
As far as I understand, the comic book industry basically pushed their core audience so far that it's filled with apathy and self-made self-published authors now, who bypass the established publishers. And since there's less demand for official published comic books, it also means that the secondary market reduces, which also reduces interest in collecting comic books. Even after years have passed, poorly received books do not go up in price on secondary market, so they're lowering the initial demand, removing the secondary demand on the collector market because even if something becomes rare, it is disliked and undesireable so there's no demand for it with many of the core base even wanting it to just be memory holed and destroyed, meaning that unless some of the newer audience really desperately wants it and drives up demand if supply goes down, then the value of the new content continues to drive downward. So with an ailing market and an ailing secondary market, as well as alternate supply such as mangas or independent comics and webcomics and webtoons. Yeah the mainstream comic industry is kinda collapsing, slowly but surely. I do wonder what they'll try to do to recover, since they need to regain an apathetic audience.
The golden word is feedback. In my industry we demand constant feedback. Literally. We ask for 3 positives and 1 negative feedback on a daily basis. This is to constant remind ourself what we do good and what we can improve on. There is always something to improve on. I know companies that does not give or take feedback ever. Those companies are bad companies, period.
Did Alliance contact you about getting the inventory off the books the second time? I would have loved to listen to that conversation. Or was it just a sales guy running point for an embarrassed higher up?
I've heard all the horror stories and have had trouble myself with distributors, but not Diamond. They have consistently been the best and most professional outfit I've ever bought through, and most of what they sell is not comic book or even book related. They are a toy seller. They even have a toy division that licenses and produces stuff based on other IPs. I hope they make it through all this because they have never once given me any trouble, which is not the case for SHS or any of the other distributors I've dealt with for 30 yrs.
HOW ABOUT A VIDEO....about distributors.....who they are, what they do, how they operate, whats their income streams etc.....I'd be fascinated to learn more.....
I think we have all been there. You talk to people who are above you in whatever facet in life. You tell the person "A" is happening because of "B". They almost roll their eyes so hard they fall over. All boils down to usually 3 things Arrogance/Pride/Ignorance. It is oh so sweet though when you see the moment they realize how wrong they were, and you just get to smile.
The video content is carefully crafted!I'm a little confused:Someone sent me a usdt and I have a recovery phrase.:(laugh nominee buzz game expose field wash shoe world sadness bicycle grain).:How should I transfer them into my own wallet?
comics have always been what people call woke, been working in comic stores for over 25 years...Sadly it is dying but the reason more to do same reason baseball cards are dying the younger generation does not get into them.
I think the graded comics scandals are partly responsible for people giving up on them . Slabs are being faked, and also lower grade issues are being reslabbed in different slabs such that it says it's a 9.5, but the book is really much lower.
I googled. the problem seems to be they no longer distribute the big publishers. This comes after many major publishers left US distribution with Diamond, including Marvel, DC, Image, IDW, Dark Horse and most recently Boom Studios
Just want to say that Magazine Exchange has NOTHING to do with Diamond/Alliance. They are their own distributor, and a pretty great one IMO (they are my main distro).
Will GTS have a monopoly on Bandai product now? Alliance was one of the only two distributors to sell One Piece in the US. Southern sells Bandai's Union Arena and soon Gundam but no OP or Dragonball.
Rudy. Why don't you become a distributor instead of a store? I am genuinely curious if that would be something that you could do or have thought about.
So Rudy's going to go into distribution on a grander scale? (last video and this video point that way.) PCG for card grading, and soon, Alliance for distribution....
Where I am at in MN, within a stones throw of Minneapolis, every TCG focused card store I have been into or seen since 2007 as a kid have always been extremely creepy atmosphere and ownership wise. The sports orientated ones were all nice.
As a small lgs I have used alliance and diamond. Alliance has always been right on top of everything, never had a miss shipment. Diamond... wtf. I actually tried to talk to diamond about issues at a trade show and they were literally in denial. I still use alliance and will continue to do so, and yes I have PHD and other outlets but alliance is always first.
It has to be print runs, I swear they're half of what they were, if not more than they were 7 years ago and comics are like $6 for a issue 1 and $5 for the other issues, if they're worth picking up. Otherwise they'd $4 which is crazy. But some are straight up 6.99 or 7.99 up to 9.99. I think I have one that says 10.99 in big numbers.. like that's exciting and cheap. They're printing paper... selling books for $8 to kids, Alligator Loki Christmas Special was so expensive😂
2 things 1 digital comics have helped kill there own industry and when we owned a lgs product didn't show up and when I called they said oh call a week before or we went ship in case you want the free shipping?! Like what why did I order 6 months in advanced to not have street date?! I was like I can ger their profits up 10 percent. Acd would call and ask If I wanted to add stuff before shipping. And I always did.
As another small business, I don't earn 1m let alone spend that much, I stopped working with alliance ages ago because of their prices and turn around time.
I don't think the people running these companies are bad at what they do, necessarily; I think they don't understand their industry and/or customers well. The majority of executives at ANY company, don't honestly know about the industry they're in, unless they "worked their way up" and have been at the company for 10+ years. I've worked in manufacturing, entertainment and marketing companies, and at every single one I've always had at least one incident where some executive asked "why can't we do that?" to what should be an obvious situation. Instantly I can tell, this guy was an outside hire, they hired him because he's a hard-assed exec or ruthless salesman, not because he has a passion or even interest in the industry. And sadly it's these types of people who go up the ladder, because they only look out for the company's bottom line and so the company promotes them in return, until eventually they're in charge of whole divisions or the whole company and run it into the ground. The ones that DO know and care about the industry or customer, they take their take, they take the proper steps, and so the company thinks "they're not bringing in the numbers we want, let's hire/promote this other guy."
They lost too many publishers. This comes after many major publishers left US distribution with Diamond, including Marvel, DC, Image, IDW, Dark Horse and most recently Boom Studios
@@hieinh That absolutely led to what happened today, but Rudy was putting the blame for THAT and a lot of other previous problems on the executives. My point was they let the company go to shit because their endgame is only making money, not selling comics and games, because they had no passion or interest in either.
![Blox Fruits Dragon Rework Update [Full Stream]](http://i.ytimg.com/vi/EqDAp8udhm0/mqdefault.jpg)
Diamond had a monopoly in the comics industry for 3-4 decades and they had every store and manufacturer over the barrel. They refused to adapt, their website is still straight out of 1999, they have horrible shipping practices, and they’ve made every publisher angry to the point where every major comic book publisher has left them at this point. They went from like 90%+ of the comic book market going through them to under 10% probably at this point.
That's insane.
Stubborn boomer management, probably.
This is all true, but the most significant problem is that comic readers stopped buying the trash that was produced by the Major comic companies. Marvel and DC. Small comic companies did well, but the major companies went woke and forgot the audience wasn't woke. Plus new books cost four to five, and more dollars, that killed sales. Black, or gay Superman? That won't work. Just as an example.
as someone who after the break away of dc and marvel from diamond in the last few years works with diamond, lunar and penguin random house now, i can with full confidence say, that the website of penguin is the worst site to order comics from, maybe only beat by the italian ordering site of panini here in europe. with this news i am very afraid of the future for the comics industry. after having to use them for a few years now, i absolutely despise all the ordering systems of diamonds competitors. form initial orders to foc, diamond has the best ordering system i have got to use so far (with using comicsuite). with how annoying it is to order through penguin i have even made the decision, to keep ordering marvel through diamond despite getting 2% less from them. the hassle is just not worth dealing with penguins system.
run by boomers clearly then. either way i hate when obvious bad management leads to average people to lose their jobs that were out of their control.
I had a similar problem with a distributor of Hasbro products during the same period. I was selling mainly Star Wars products, and they flew out the door. But suddenly things stopped selling. I found Hasbro dumping products on eBay, nowhere else, just eBay. They were selling under the distributor pricing and with free shipping. The shipping was a big deal because certain items cost $20-30 each, not retail and wholesale shipping costs.
I was looking to sue everyone but lawyers weren't sure about dumping laws, which I found, but they thought were too old. Plus, I needed a more cooperative distributor, but these guys had no balls and didn't want to lose Hasbro or were afraid to lose them.
So I was the victim in the Hasbro overproduction, then cover-up, as I saw it. Recently, I learned that the Florida pension fund bought Hasbro stock and is suing Hasbro for non-disclosure of their inventory problem and subsequent cover-up, even in their public SEC fillings. So, I was correct and somewhat vindicated. I'm now going to call the lawyers representing the pension, explain my story and the pain it caused my retail business, and see if I can help their case.
Yeah, a lot of people think CEOs are extra clever experts worth 400 employees each. Not in my experience.
The golden word is feedback. In my industry we demand constant feedback. Literally. We ask for 3 positives and 1 negative feedback on a daily basis. This is to constant remind ourself what we do good and what we can improve on. There is always something to improve on. I know companies that does not give or take feedback ever. Those companies are bad companies, period.
They went all in on Chick-fil-A, but forgot they're closed on Sundays.
Give them a break, they’d just gotten off a long shift at Hobby Lobby
Lol
chic fil a hates it when you show up to play commander on sundays
Explain please?
@@sideshowonacidyou ever watch the episode of The Simpsons where Homer bought stock in pumpkins? He said something about not selling because he had a feeling they were going to spike in price several months after Halloween, which was on brand for him. It's exactly like that. Go watch that and you'll get it immediately.
I applied to alliance for our store and got a random email two weeks later with a pdf attachment and literally just the sentence: "Please attach payment details." No hello, nothing.
I did not sign up with them
I used to work for a Chapter 11 company that help the court / other companies that files for bankruptcy.
Sometimes what happens is some people want to retire early so they drain the company and run.
Diamond screwed up big time when they tried to do a distribution shift with no back up plan, honestly suprised they lasted this long after 2020.
I had no idea how many publishers jumped ship. I was shocked Penguin random house distributes comics
@hieinh I want to say almost all the big publishers moved, I heard Lunar is taking alot of the rest
@ Yep that’s what I read
Maybe this will put the comic industry out of its own misery.
Would be about time too. It's been garbage for so long. I just went back to collecting 90's stuff again.
Unfortunately, Alliance is my main distributor. I agree, they are hard to deal with. Locally, Southern and GTS is a joke. They both have their "golden boy" shops that get everything they want and allocate everyone else to absolute minimums. Before my Southern rep quit, he showed my the allocation breakdown. One shop was getting 80% of Southern's local supply, the rest of us got the leftover scraps. As for GTS, everytime they explain their allocation rules, it changes. We order $500k from them but get allocated to under $10k in product. Then they base your allocations on the $10k spent, not the $500k ordered
And nothing of value was lost. You don’t need Diamond with how the comic industry has abandoned their core audience. You know the guys that paid money to actually buy comics. Not the type that go to Barnes and Noble and read a graphic novel and get cheeto dust on it and never spend a penny. Except on the Cheetos.
Ban's graphic novel sales are fairly decent but not healthy compared to manga.
Most of those readers convert regularly into buyers for manga. North American audiences don't honestly care a great deal for superheroes.
Never have. Stuff like Scott Pilgrim sells.
The reason is Penguin Random house distributes marvel, Dark Horse and Boom Studios. Diamond just doesn't have the big publishers anymore
Confrontation between Del Taco drive thru and customers who didn't get their sauce
Exactly, the managers are disconnected because to them the product is just something they sell, it could just as easily be kitchen ware.
Also something worth noting, Diamond also owns CGA, a grading company that deals with action figures, dolls, and video games (they were doing this LONG before Wata and CGC came into play). I wonder if this will be up for grabs as well.
Yes, CGA is up for sale.
There's a blast from the past! I used to spend hours poring over the Diamond Previews catalogs before placing my DCBS orders. I'm not surprised about this, since my old LGS used to carry comics years ago and stopped when they realized how stagnant the market was🤷♂️
If you think these people are disconnected, you should see the medical industry. It is terrible.
14:28 I had similar conversations with ACDD and GTS. They wanted me to buy thousands of dollars of a previous set before they'd allocate the new set to me. MagX has always worked with me if I ran into spots.
Shout out to Miranda at MagX!
US distributors seem incredibly hard to work with.
European ones generally let you buy whatever you want, and your allocations are separate foe each product and brand.
Except they want over retail for their back stock. Always my argument with them. Can't buy your leftovers when you are charging more than they sell at full retail
Honestly the writing was on the wall for a long time.
They tanked the American Comic book industry and basically ruined everything.
They cooked the golden goose and ate it too.
Lgs Canadian place here can never get enough product - this was one of our two main distributors - explains a lot.
Alliance tapes cases together to save on shipping. I hate them so much.
Rudy: I don't want to say any names.
All of us: he's talking about commander masters!
Lets call that event with the alliance rep “B gate” cause that crusheddd a lot of stores too
Midnighthunt?
Nah, he’s talking about 2022 product. Probably Balder’s Gate, VOW, MID, and SNC.
CMM is 2023+
Another very serious folk's. I can not in good faith rate this.
💀💀💀
Great story Rudy, thanks for always giving us bits of pieces of what goes on in the Ivory Towers of these companies.
Lmao😂 Diamond was the biggest jerks to retailers EVER! Having a comic/game store in the 90s was the biggest extortion racket.
One issue for retailers/distributors is publishers have been offering digital copies direct to the consumer for close to a decade now. Not only are they direct to consumer, but they are cheaper than paperback. I can't say that is a main reason for their problems, but it likely has contributed to it.
the digital transformation in printing and amount of people who make comic books has led to a LOT of comic books coming out but some of them sell, some don't, but the point is that it leads to lot of inventory sendback and difficulties in guessing how big runs to make and distribute. it's a lot harder to juggle that stuff for 300 titles than 15 and 200 of those titles have no historical data.
I have a diamond account… they have been terrible my whole experience but! I always got the many damaged books replaced. The price of books and comics being political mixed with the Mcu failing lol disaster
RUDY WHEN WILL WE GET A RESTOCK IN MEDIUM SHIRTS I NEED IT
As someone who’s been in this industry a long time, this is all so spot on
I used alliance. Not sure where to go if they shutdown
Comics are so hard to get into. Most people that I know that read comics are older and most young people just read manga
Manga are comics, that's just the term for Japanese ones.
Rudy! You pushed them over the edge with your solid advice on yesterday's video.
Nice content as always! I had a couple waffle fries during the duration. But it reminds me of a parallel with this video and the clip of Steve Jobs talking about going out and hiring professional management. Sounds like these companies are run similar with good managers who know how to manage but ultimately don’t know how to do anything. I miss the chair throw but great content as always
My LGS in STL is struggling 😮
is Alliance and Diamond an example of Go Woke or Go Broke mentality?
Edit: 19:55 its kinda shrewd, Rudy but i love it..
Do that many people buy NEW comic books?
As far as I understand, the comic book industry basically pushed their core audience so far that it's filled with apathy and self-made self-published authors now, who bypass the established publishers. And since there's less demand for official published comic books, it also means that the secondary market reduces, which also reduces interest in collecting comic books. Even after years have passed, poorly received books do not go up in price on secondary market, so they're lowering the initial demand, removing the secondary demand on the collector market because even if something becomes rare, it is disliked and undesireable so there's no demand for it with many of the core base even wanting it to just be memory holed and destroyed, meaning that unless some of the newer audience really desperately wants it and drives up demand if supply goes down, then the value of the new content continues to drive downward.
So with an ailing market and an ailing secondary market, as well as alternate supply such as mangas or independent comics and webcomics and webtoons. Yeah the mainstream comic industry is kinda collapsing, slowly but surely. I do wonder what they'll try to do to recover, since they need to regain an apathetic audience.
The golden word is feedback. In my industry we demand constant feedback. Literally. We ask for 3 positives and 1 negative feedback on a daily basis. This is to constant remind ourself what we do good and what we can improve on. There is always something to improve on. I know companies that does not give or take feedback ever. Those companies are bad companies, period.
Wait, isn’t Alliance the main distributor for One Piece TCG??
Alliance? Well, I mean, they've got Force of Will, right?
I come to this channel for the "... and in conclusion, I'll end the video with" [10 minutes remaining] :)
This explains where you got your cheaper CBs for your sales ;) Esp the ones that have gone 4-5x release pricing now, such as LOTR:SE
Good
Did Alliance contact you about getting the inventory off the books the second time?
I would have loved to listen to that conversation. Or was it just a sales guy running point for an embarrassed higher up?
When will we see the Bearscape deck tech? 👀
on the other hand all the people here are your current core followers lol! keep up the great work!!!!!!
I've heard all the horror stories and have had trouble myself with distributors, but not Diamond. They have consistently been the best and most professional outfit I've ever bought through, and most of what they sell is not comic book or even book related. They are a toy seller. They even have a toy division that licenses and produces stuff based on other IPs. I hope they make it through all this because they have never once given me any trouble, which is not the case for SHS or any of the other distributors I've dealt with for 30 yrs.
who remember when rudy did pack openings?
Wow, I never expected Alliance to go bankrupt. Crazy times!
Reminds me of the Steve Jobs interview about Xerox.
Adaxum’s presale is happening now, and it’s the perfect time to invest before this project goes mainstream. Don’t sleep on this one!
HOW ABOUT A VIDEO....about distributors.....who they are, what they do, how they operate, whats their income streams etc.....I'd be fascinated to learn more.....
They also have to sell CGA, the grading company and Diamond Select Toys
Thank you for sharing. 💎
I think we have all been there. You talk to people who are above you in whatever facet in life. You tell the person "A" is happening because of "B". They almost roll their eyes so hard they fall over. All boils down to usually 3 things Arrogance/Pride/Ignorance. It is oh so sweet though when you see the moment they realize how wrong they were, and you just get to smile.
The video content is carefully crafted!I'm a little confused:Someone sent me a usdt and I have a recovery phrase.:(laugh nominee buzz game expose field wash shoe world sadness bicycle grain).:How should I transfer them into my own wallet?
comics have always been what people call woke, been working in comic stores for over 25 years...Sadly it is dying but the reason more to do same reason baseball cards are dying the younger generation does not get into them.
I think the graded comics scandals are partly responsible for people giving up on them . Slabs are being faked, and also lower grade issues are being reslabbed in different slabs such that it says it's a 9.5, but the book is really much lower.
I googled. the problem seems to be they no longer distribute the big publishers. This comes after many major publishers left US distribution with Diamond, including Marvel, DC, Image, IDW, Dark Horse and most recently Boom Studios
It's a shame that European distributor of the Sorcery tcg sounds exactly same as diamond comics.
Rudy is the man.
Every alt run has its breakout stars, and Adaxum Token is shaping up to be one of the biggest winners this time!
When will you become a distributor? Seems like the next best step for Rudy.
The potential of Adaxum E-commerce DeFi platform is worth exploring. Presale entry point at the moment
When you meet the G-Man from Half-Life.
Interest rates are looking more likely to go up now then down.
Just want to say that Magazine Exchange has NOTHING to do with Diamond/Alliance. They are their own distributor, and a pretty great one IMO (they are my main distro).
Where's the Portal deck display
Will GTS have a monopoly on Bandai product now? Alliance was one of the only two distributors to sell One Piece in the US. Southern sells Bandai's Union Arena and soon Gundam but no OP or Dragonball.
This is absolutely the big takeaway million dollar question from this, at least for CCG collectors (and in particular Bandai enthusiasts).
diamond is filing bankruptcy and alliance is being eyed to be purchased and continue doing what they do. their distribution services will continue on
💎Alpha Ruby , timmy's investments💎
Rudy. Why don't you become a distributor instead of a store? I am genuinely curious if that would be something that you could do or have thought about.
So Rudy's going to go into distribution on a grander scale? (last video and this video point that way.) PCG for card grading, and soon, Alliance for distribution....
I always get weird vibes from two types of stores: 1. Comic book stores 2. Record stores
1. The smell 2. The smell
Where I am at in MN, within a stones throw of Minneapolis, every TCG focused card store I have been into or seen since 2007 as a kid have always been extremely creepy atmosphere and ownership wise. The sports orientated ones were all nice.
ACD screws their customers and they also are the most expensive to buy from. What did the expect?
Why the heck does penguin random house have 9 million dollars tied up in alliance . Thats crazy
As a small lgs I have used alliance and diamond. Alliance has always been right on top of everything, never had a miss shipment. Diamond... wtf. I actually tried to talk to diamond about issues at a trade show and they were literally in denial. I still use alliance and will continue to do so, and yes I have PHD and other outlets but alliance is always first.
13:13 it didn’t end with that
Sad Folks...
It has to be print runs, I swear they're half of what they were, if not more than they were 7 years ago and comics are like $6 for a issue 1 and $5 for the other issues, if they're worth picking up. Otherwise they'd $4 which is crazy. But some are straight up 6.99 or 7.99 up to 9.99. I think I have one that says 10.99 in big numbers.. like that's exciting and cheap. They're printing paper... selling books for $8 to kids, Alligator Loki Christmas Special was so expensive😂
Just got a shirt Papa Rudy!
Folks. ❤
Just subscribed to Adaxum yt channel. Looking forward to more updates on this project
Fooooooooooooollllllkkkkkkksssssss. I’ll say it for ya Rudy‼️
2 things 1 digital comics have helped kill there own industry and when we owned a lgs product didn't show up and when I called they said oh call a week before or we went ship in case you want the free shipping?! Like what why did I order 6 months in advanced to not have street date?! I was like I can ger their profits up 10 percent. Acd would call and ask If I wanted to add stuff before shipping. And I always did.
This comes after many major publishers left US distribution with Diamond, including Marvel, DC, Image, IDW, Dark Horse and most recently Boom Studios
Waiting for metazoo video. It's not new
Diamond Comics is just code for Floppy Tacos
8.9/10 Folks, very erudite and distinguished.
This doesn’t feel good , feels like an incoming headache for some.
So, are the Timmies going to build and Alliance and use their Diamond hands? Probably not...
As another small business, I don't earn 1m let alone spend that much, I stopped working with alliance ages ago because of their prices and turn around time.
How many magic cards are burning in California?
High interest rates mean it's harder to refinance debt.
Why don't you become a distributor?
Gold tier bonuses look incredible! Adaxum is rewarding its loyal presale participants and early adopters well!
The roadmap for Adaxum is super ambitious. If they can deliver on even half of it, we’re in for a massive ride. ADX to the moon?
Goblin Charbelcher from Mirrodin is the best mtg card ever
Okay...I get what you're talking about.....CLB anybody?
I don't think the people running these companies are bad at what they do, necessarily; I think they don't understand their industry and/or customers well. The majority of executives at ANY company, don't honestly know about the industry they're in, unless they "worked their way up" and have been at the company for 10+ years. I've worked in manufacturing, entertainment and marketing companies, and at every single one I've always had at least one incident where some executive asked "why can't we do that?" to what should be an obvious situation.
Instantly I can tell, this guy was an outside hire, they hired him because he's a hard-assed exec or ruthless salesman, not because he has a passion or even interest in the industry. And sadly it's these types of people who go up the ladder, because they only look out for the company's bottom line and so the company promotes them in return, until eventually they're in charge of whole divisions or the whole company and run it into the ground. The ones that DO know and care about the industry or customer, they take their take, they take the proper steps, and so the company thinks "they're not bringing in the numbers we want, let's hire/promote this other guy."
They lost too many publishers. This comes after many major publishers left US distribution with Diamond, including Marvel, DC, Image, IDW, Dark Horse and most recently Boom Studios
@@hieinh That absolutely led to what happened today, but Rudy was putting the blame for THAT and a lot of other previous problems on the executives. My point was they let the company go to shit because their endgame is only making money, not selling comics and games, because they had no passion or interest in either.
Man. Taco Tuesday and they are out of tacos.
Bout damn time!!!
Soooo you're telling me Rudy going to take a 69% stake in Alliance Games Distributors now too?