Tag Archives: penguin random house publisher services

Nuclear Family banner ad

Diamond Releases a Statement Regarding Marvel’s Move to Penguin Random House

Earlier today shockwaves through the comic industry were felt as Marvel announced an exclusive deal with Penguin Random House to distribute their comics to the direct market (ie comic shops). This is a major hit to Diamond Comic Distributors, the current distributor, and comes about 9 months after DC left Diamond.

Diamond Comic Distributors Chairman, President & CEO Steve Geppi has released a statement regarding the change:

We value our almost 40-year relationship with Marvel and are pleased that we will continue selling Marvel products to the Direct Market and other channels,” the statement reads.

The change Marvel announced today represents a behind-the-scenes shift in how Diamond interacts with Marvel for certain products, but does not impact our ability to supply our customers with Marvel comics, trades, and graphic novels. I expect the discount terms under which our retail partners order these Marvel products to change, and Diamond will communicate that information to our customers well in advance of any adjustments. While there are still details of this new arrangement to work through, my leadership team and I are committed to making this supply change as operationally seamless as possible for our retail partners and we look forward to our continued distribution of Marvel products.

Marvel’s deal with Penguin Random House will begin on October 1. Diamond will remain as a distributor as well but Diamond would be getting their product from Penguin Random House as to re-distribute.

Marvel Goes Exclusive with Penguin Random House for Direct Market Distribution

Penguin Random House and Marvel

Marvel Comics and Penguin Random House Publisher Services (PRHPS), a division of Penguin Random House, have announced an exclusive worldwide multi-year sales and distribution agreement for Marvel’s newly published and backlist comic books, trade collections, and graphic novels to comics shops, known as the Direct Market. PRHPS officially begins its distribution to Direct Market retailers for all Marvel titles starting October 1.

Marvel has chosen PRHPS as its distribution partner to create a sustainable, productive supply chain and enhanced infrastructure for Marvel publications that will benefit comics retailers. Penguin Random House is known for its state-of-the-art multi-ranging services that enable independent booksellers to increase efficiency and profitability.

Penguin Random House has long been committed to physical retail in order to foster and grow their market. Independently owned brick-and-mortar bookstores are local community builders, advocates for books, and passionate influencers for the industry.

After seeing a double-digit percentage in closures of physical bookstores from 2001 to 2011, and notwithstanding an anticipated rise in e-books, PRH significantly extended and expanded its outreach to physical retail. Through its robust supply chain of rapid direct shipping, greater access to data, and premier customer service, PRH helped support healthier margins that led to a market turnaround. These past experiences and learnings will be invaluable when adapting for today’s physical retailers in the Direct Market.

Penguin Random House is a free-freight company, allowing retailers to simplify their business models while alleviating the volatility and complexity of reducing freight costs and planning. Through many of PRH’s standard offerings, like its rapid replenishment program for graphic novels and advanced supply chain, Direct Market retailers will experience more flexibility to manage inventory and stock their stores to best serve their customers.

Direct Market retailers can choose to order Marvel products direct from PRH, or alternatively, through Diamond as a wholesaler under terms established by Diamond in the US and the UK. Hachette Book Group will continue to manage distribution of Marvel’s graphic novels and trade collections to the book market.

Marvel’s full print and online October Marvel Previews catalog and comic book solicits will be available in July and distributed by PRHPS to active accounts. All comic book and trade orders for titles going on sale this October should be made through PRHPS. Early solicit titles will be available for order starting on May 26. Retailers can open PRHPS accounts now to register for Marvel’s monthly title catalogs and solicits, which will continue to be available to retailers approximately three months ahead of on sale.

The last year has been a rough when it comes to distribution. COVID forced Diamond to shut down for an extended time period resulting in DC Comics to pull their deal and go to two other distributors (which is now consolidated back to one). Other publishers have also pulled their distribution from Diamond often choosing to sell directly to stores and/or consumers instead.

With yet another distributor to contend with, comic shops will likely suffer by the decision. A third ordering system will increase time to order and manage purchases, labor costs will increase and it’s unknown how margins will be impacted for them. Overall, this sounds like a decision that’s good for Marvel but the impact on stores is a big unknown.

Seven Seas Entertainment Signs a Distribution Agreement with Penguin Random House Publisher Services

Seven Seas

Seven Seas Entertainment has announced a multi-year sales and distribution agreement with Penguin Random House Publisher Services (PRHPS). PRHPS will sell and distribute Seven Seas’ “entire frontlist and backlist across all sales channels worldwide.”

Seven Seas Entertainment publishes hundreds of manga, light novels, original comics and more annually across the company’s four distinct imprints—Seven Seas, Ghost Ship, Waves of Color, and Airship.

Seven Seas publishes both manga and light novels and some of its notable releases include Afro Samurai, Devilman, and Space Battleship Yamato.

The deal begins on July 1, 2021.

IDW Publishing Signs Distribution Deal With Penguin Random House

IDW PublishingIDW Publishing, a subsidiary of IDW Media Holdings, today announced a multi-year book sales and distribution partnership with Penguin Random House Publisher Services (PRHPS) exclusively for the trade bookstore market. The agreement takes effect April 2017.

Celebrated for its diverse catalog of licensed and creator-driven titles, IDW publishes some of the most successful titles in the industry, including: Hasbro’s Transformers, G.I. Joe, My Little Pony, and Jem and the Holograms; Paramount/CBS’s Star Trek; Nickelodeon’s Teenage Mutant Ninja Turtles; Twentieth Century Fox’s The X-Files; Sony’s Ghostbusters, Disney Classics, Temple Street Productions’ Orphan Black, and many more. In addition, from IDW’s Top Shelf Productions imprint, the March trilogy is both a critical darling and commercial smash hit, currently holding the top three positions on the New York Times Bestseller List for five consecutive weeks. The award-winning trilogy of books is Congressman John Lewis’ autobiographical account of the civil rights movement with co-writer Andrew Aydin and artist Nate Powell.

Diamond Comics Distributors will continue to sell and distribute graphic novels and comics exclusively to the comic book specialty market. Diamond will also continue to handle distribution of graphic novels, books, and other merchandise to the mass market in the UK.