Following their filing for Chapter 11 earlier this year, Diamond Comic Distributors has been taken over by NECA and WizKids parent Ad Populum, with all staff at Diamond Select Toys and Gentle Giant Ltd. laid off with both brands ceasing operations.
In May 2025, the comic book and collectibles industry faced a significant upheaval as Diamond Comic Distributors underwent a major restructuring. Following its Chapter 11 bankruptcy filing in January, Diamond’s assets, including Diamond Select Toys (DST) and Gentle Giant Ltd., were acquired by Ad Populum, the parent company of NECA, Kidrobot, and WizKids. However, shortly after the acquisition, reports emerged that Diamond Select Toys had been effectively shut down, with the entire staff laid off as part of Ad Populum’s immediate restructuring measures. Among the shutdowns, Gentle Giant Ltd., also known for its high-quality collectibles, was also impacted, with operations ceasing and employees dismissed.
We are watching this story closely as we wait for further details of preorders from Diamond Select Toys and Gentle Giant Ltd., and we will share more news as soon as we can.
We send our very best to all the staff laid off, including many that we’ve worked with for over 15 years, hoping they are able to find new roles soon.
The post Diamond Select Toys and Gentle Giant Ltd. Shut Down, All Staff Laid Off appeared first on Jedi News.
