Diamond Comics Distribution Bankruptcy May Cause IDW Publishing To Go Out Of Business

In 2023, IDW Publishing made the news by posting a $1.9 million loss for the 2022 fiscal year. The losses compounded over 2021 when they posted a $0.8 million loss. After these terrible reports, the comic book publisher was delisted from the New York Stock Exchange and initiated a restructuring and layoffs, which amounted to approximately 40% of their w…