Some big manufacturing/distribution news to pass along today to our Jedi News readers as Gentle Giant has announced that Diamond Select Toys is in the final stages of purchasing their assets. Check out all the details contained in the official announcement copied below and be sure to check out their Q&A section for more information on how this acquisition might affect you.
Both Diamond Select Toys and Gentle Giant Ltd. have long been known for delivering high-quality busts, statues and action figures to collectors worldwide. Now, fans can get the best of both worlds, as DST finalizes the purchase of select assets of Gentle Giant, taking over manufacturing and distribution of many of the company’s key lines.
Beginning February 1, Diamond Select Toys and Collectibles, LLC, will assume operations for all of Gentle Giant’s existing licenses, and release previously developed and newly created busts, statues and scaled-up vintage action figures. Any in-progress and future products will be offered to retailers through the Previews catalog, published by DST’s sister company Diamond Comic Distributors.
Gentle Giant’s collector club, the Premier Guild, will continue to operate, with exclusive items for members and reserved access to certain products. DST has pledged to fulfill any outstanding exclusives and rewards to current members, and to expand on the club’s scope going forward.
“This is a great moment for DST,” said Diamond Comic Distributors owner Steve Geppi. “The unification of many of Gentle Giant’s licenses and built-in fan base with DST’s sales and distribution channels is a recipe for success. Two wonderful companies uniting talents to produce the best of the best. I am confident the final product will be well received by both companies’ wonderful supporters and customers.”
“It is a great honor for Gentle Giant to continue our strong creative relationship with Diamond,” said Karl Meyer, VP of Entertainment at 3D Systems. “With great pleasure, I am personally thrilled to have DST uphold the Gentle Giant Ltd brand and work with our artists in bringing entertainment magic from the screen to the collectors’ hands.”
“I have been a longtime fan of Gentle Giant’s products, and I am excited to continue their legacy,” said DST president Chuck Terceira. “Once we’re up and running, we plan to deliver seamless service of existing product lines, so expect to see the same level of quality, with the added bonus of DST’s broad distribution.”
In addition to resin busts and statues, DST produces Gallery PVC Dioramas, Select action figures, Minimates mini-figures, Vinimates vinyl figures, D-Formz PVC figures, prop replicas and vinyl banks.
Diamond Select Toys & Collectibles, LLC, was formed in 1999 by sister company Diamond Comic Distributors as a source of collectibles for all ages, developed primarily for the collector’s market. It has enjoyed relationships with a number of content producers, including Lucasfilm, Disney, Marvel, Warner Bros., Sony, CBS, Legendary, PopCap, EA and many more.