Coinciding with new details on its expansion of the Olive Branch, Mississippi central warehouse facility, Diamond's President/CEO Steve Geppi has written a personal letter to its customers - comic book retailers - on the changes in the industry and what prompted the expansion.
Geppi has given permission to Newsarama to publish this letter in full.
To our valued retailers:
I have met many of you, but even those I haven't met are counted amongst my friends. Together, we have a passion for comics that binds us into the best community I've ever been a part of.
It's been my pleasure to own Diamond Comic Distributors for what will be 35 years next February. In that time, the industry has been through many ups, downs, and transformations. From the rise of the Direct Market and decline of newsstands, to the growth of collected editions and graphic novels as a vital segment of the industry, Diamond has been working with publishers and retailers to get comics into the hands of every man, woman, and child possible.
In the last few years, we've experienced a new golden age of comics, with greater recognition than ever before for the art form we all love. More and more comics are produced, and sales continue to climb. That's great for the industry, but it requires all of us to look to the future to make sure we are prepared for the next 35 years.
To that end, my teams at Diamond have been working on a project that represents one of the largest investments I've ever made in Diamond and our industry. When I gave final approval to begin the project more than a year ago, it was a proud moment for me. I knew that I had the best people working on something that will really prepare us for all the great things that are still coming for this industry, and I'm excited to play my part in it.
Here, then, are the people on the front lines of this project to tell you all about it.
President & CEO
Diamond Comic Distributors