So, JP Morgan just fucked over Paizo. They own over 600k Hasbro shares and are denying Paizo 10 million dollars worth of printed books they paid for. How is this even legal? The conflict of interest alone is fucking disgusting.
>>98180533 Get out of here if you can't read a block of text and comprehend it-- you're ruining tabletop gaming.
00
Anonymous06/09/26(Tue)08:26:10
>If I recall correctly from when Diamond fell over, there is some form (I forget the specific name of the thing - it got mentioned on the Legal Eagle episode on the Bricks and Minifigs fiasco) that you are supposed to file when you put a lot of value of goods on consignment, that would have protected publishers from the leins.
00
Anonymous06/09/26(Tue)08:29:41
>>98180533 These are traditional game alright. Weimar Monopoly. Do not pass go. All hail God Emperor Dungeons & Dragons!
00
Anonymous06/09/26(Tue)09:02:59
>>98180527(OP) It's always legal when someone with more money and better lawyers than you does it. That is the state of the world. Not that I'm sad that Diamond went bankrupt, Steve Geppi fucking murdered indies in the 80's, so getting gutted by predatory lenders is fair play. Just too bad for everyone else involved.
00
Anonymous06/09/26(Tue)09:16:24
>>98180533 TSR going bankrupt and getting bought by WotC which later got bought by Hasbro is an important moment in the history of the hobby of "traditional games"
>>98180527(OP) Yeah I'm sure JPMorgan is doing this on purpose to screw over Paizo in an attempt to make Hasbro's ticker move up like the tiniest fraction. Like you guys know that DnD isn't even close to the biggest money-maker at WotC let alone at Hasbro entirely.
>>98180532 >In January of last year, our longtime book‑trade distributor, Diamond Comics, declared bankruptcy. Diamond handled Paizo products for major retailers like Amazon, Barnes & Noble, and Ingram, and our agreement with them was based on consignment (meaning we paid to ship products to their warehouse and were only paid when those products sold). >When Diamond collapsed, the situation became far more complicated: >JP Morgan Chase claimed a lien on all products stored in Diamond’s warehouse, including nearly $10 million in Paizo inventory. We cannot currently access this inventory, pending ongoing litigation. Paizo and dozens of other publishers have been in court ever since, fighting to reclaim our own products. >Diamond’s exclusive contract prevented us from immediately moving to a new distributor, even after they stopped selling our books. A judge terminated that contract earlier this year, but Diamond has appealed, delaying resolution. >The result has been devastating. Paizo lost nearly $2 million last year, had to write off nearly half a million in additional sales covered by the bankruptcy, and book‑trade sales remain far below historical levels. While sales through Paizo.com and hobby retailers have grown over the same period, they have not been sufficient to offset these losses. Corporate scum in America really are bold. Then they cry when someone takes justice in their own hands. Trash.
00
Anonymous06/09/26(Tue)13:14:28
>>98180527(OP) >So, JP Morgan just fucked over Paizo. It was Diamond Distributors doing it and they are screwing over everyone whose inventory they still have in warehouses that they can't pay for.
00
SUPER AGGRO CRAG!!lvskrld+4TB06/09/26(Tue)13:19:06
No one should trust Diamond after they announced in 2020 they were going to "temporarily" stop operations after taking everyones money because of the COVID outbreak and that they would sue anyone who changed distributors to actually get their products to stores. Dc called their bluff and started outselling Marvel for the first time in years and has been riding that wave since.
00
Anonymous06/09/26(Tue)13:20:33
>>98180674 I love when commies encounter someone who isn't commie
00
Anonymous06/09/26(Tue)13:42:54
>>98180527(OP) Episode #2716 of game publishing being an amateur hour clownshow
>>98180527(OP) Neo-feudalistic lords think their time is now and the world is theirs but really they're just fodder for internet shitposters to mock, ridicule and belittle for every little stupid thing they do. How long until they try to make it illegal to cyberbully rich people in addition to the chosen ones?
00
Anonymous06/09/26(Tue)15:15:54
>>98180668 Which one is the troll? The one posting about news relevant to traditional games or the ones posting about board culture they can't control?
>>98181690 probably the spammer who got rightfully deleted XD
00
Anonymous06/09/26(Tue)15:19:51
>>98181372 Diamond has been the scummiest distributor since the 90s and they have always been colossal shitheads who were allowed to fuck over the entire comics industry uncontested because the US government didn't care about picture books getting fucked over.
00
Anonymous06/09/26(Tue)15:28:02
>>98181320 Would Paizo have been able to call their bluff, or is there a chance they would have been locked into some multi-year contract with them even if they saw the rats fleeing the ship? DC probably has more money to throw around than Paizo does.
00
Anonymous06/09/26(Tue)15:29:54
>>98181702 This one ? >>98180533 Its a bot. Its not even a troll. Get your shit straight. 0.o
00
Anonymous06/09/26(Tue)15:29:56
>>98180527(OP) Cursory google search says it's not just Paizo's stock being held. It's a little under 130 different publishers.
00
Anonymous06/09/26(Tue)15:39:31
>>98180821 This was done by the ghost of nonces past specifically to aid wotc
00
Anonymous06/09/26(Tue)15:40:32
>>98180867 >”my slave master isnt that petty!” Surely
00
Anonymous06/09/26(Tue)15:46:31
>>98180527(OP) Don't give a shit, let Paizo and WOTC both burn for the overall health of the hobby.
00
Anonymous06/09/26(Tue)15:48:53
>>98181827 Along with 126 other companies caught up in this bullshit.
00
Anonymous06/09/26(Tue)15:53:08
>>98181745 >Americans are now finding out what happens when everyone depends on a single corporate chockpoint for their needs Remember to act according to your own self interest and not what griftoids tell you on the internet.
00
Anonymous06/09/26(Tue)15:55:11
>>98181843 Not every company has the same distribution agreements with Diamond, some may have more valid claims as creditors than Paizo
00
Anonymous06/09/26(Tue)16:02:25
>>98180527(OP) You think this is an insidious plot of JP Morgan deliberately fucking Paizo because of their Hasbro shares and that's because you have no fucking perspective at all.
Paizo are incredibly small fish. Fish that aren't really worth something like JP Morgan's time to fuck with. Especially since they're competing with, what, Dungeons and Dragons? Something that is effectively a vanity project for WoTC? D&D isn't a big part of Hasbro's earnings, and fucking with their smallfry competitors doesn't matter.
JPMorgan is concerned about getting their money out of Diamond. Which means that they're doing whatever they can to make sure that every cent that they are legally allowed to extract out of Diamond, they do.
Hell, JPMorgan aren't even the ones enforcing the exclusivity contract. All they've done is put a lien on everything in Diamond's warehouse - which includes Paizo's books but also contains a bunch of other shit. Hell, depending on how some stuff was handled when WotC swapped distributors, there might even be some old wotc product stuck in Diamond's warehouses as well.
The people enforcing the exclusivity, and tying up the Paizo product, is in fact Diamond themselves. Who are, correctly, trying to grasp at every straw of value that they have. Everyone who jumps ship right now is another source of revenue gone, and another means to repay their creditors lost.
You're inventing a nefarious conspiracy when really, it's a largely indifferent creditor trying to get money out of an incompetent distribution company that's fucking over a publisher.
00
Anonymous06/09/26(Tue)16:26:03
>>98181890 >can someone please think of the multimillion dollar stock owned companies???!!!!!
>>98181321 This Buy buy BUY MORE or you're a commie
00
Anonymous06/09/26(Tue)16:34:49
>>98181861 Those other 130 or so companies ARE getting screwed in the same way where their inventory is being kept from them because JP Morgan and Diamond pulled the legally allowed, but morally retarded move to drag it through court for several more months until it can land in front of a judge who will tell them to cut that shit out, only for them to, again, file a "nuh uh" request that will drag it out for months more.
00
Anonymous06/09/26(Tue)16:36:32
>>98181843 Good. The more corpos that burn, the better.
00
Anonymous06/09/26(Tue)16:53:54
>>98182003 I'm not going "poor JP Morgan." I think they suck ass in the way that all money lending banks suck ass. I'm saying that inventing some deranged conspiracy theory of JP Morgan trying to kill Paizo for some marginal gains on their Hasbro stocks is stupid. They're still doing the bastard work of debt collection, but there isn't some ulterior motive here.
It's also, and I really must emphasize this, taking blame off of the real shitheads here - who is Diamond. Diamond are the ones who made the decision to enforce the exclusivity clause and prevent Paizo from moving their stock to a new distributor. A company that had no real means to fulfill their obligations to their clients holding the client's goods hostage in the fleeting hopes that they can pay their debts to their creditors are the shitheads.
00
Anonymous06/09/26(Tue)17:17:01
>>98182123 there's no conspiracy because they're taking products from people who already paid for them. if this was a single person doing this then all the morons and news would be over it saying how the west has fallen, criminality is unstoppable. but since the criminals are the rich fucking over others then the damage control is rolling up
00
Anonymous06/09/26(Tue)17:18:22
>>98181320 post on the TGstation forums more, Crag.
just read the official announcement and came to make thread(good thing I decided to check catalog this time) Paizo is pretty fucked, huh? I thought their adventure modules sold like shit becauase they were garbage(I still feel personally insuled by warden one), but looks like they got fucked by sellers
00
Anonymous06/09/26(Tue)17:27:14
>>98182236 The stuff has also sold like shit because theyre garbage Paizo chased the same faggot new gen geeks as 5e and got left with scraps instead of cornering a grog market (3e fanbase is still totally up for grabs right now) Nobody sees a modern paizo book and is excited to pick it up. No inspiring art, or great DM tools or anything. Just pure cozy fantasy slop
00
Anonymous06/09/26(Tue)17:31:40
>>98182236 >>98182275 Remember when Pathfinder used to be slightly edgy? Pepperidge Farms remembers.
Who from the 3.P era even still works at Paizo? The early Adventure Paths at least had a strong editorial hand behind them and tried pushing some conceptual envelope or other.
>>98182123 Well if i were a conspiracy theorist i would call it monopoly building on the expectation that wotc's ai dm plans will finally get d&d to a mass market and save hasbro from it's impending bankruptcy. It might not make money to fuck a few mil out of paizo, but it costs a shitload for hasbro to go under and take all of WOTC's IP with it. Especially since ai is telling me wotc cost hasbro 325 million, so losing dominance in ttrpgs must be worth at least that much on paper to shareholders and vaulers
00
Anonymous06/09/26(Tue)17:41:09
>>98182015 Correct, unironically. Communist pig-dogs are the only people who don't pay for the books they use. Your seething rage over people who aren't poor paying for their entertainment only makes our wallets fatter.
00
Anonymous06/09/26(Tue)17:43:49
>>98182367 Your taxes don't make up for 0.00001% of the things you use.
00
Anonymous06/09/26(Tue)17:45:07
>>98182380 My taxes don't cover anything, since I'm smart enough to not need to pay any. Loopholes exist and are easy to exploit.
>>98180527(OP) >Paizo's probably going under soon-ish i'm still glad I definitely dropped d&d for pf2. I just wished they wrote better plots and characters instead of trying to pander to the same colourful crowd as wotc
00
Anonymous06/09/26(Tue)18:13:03
>>98182519 Same. I hate how every time I'm writing my own adventures and characters they break in to my house and destroy all my hard work.
00
Anonymous06/09/26(Tue)18:15:37
>>98182344 >Especially since ai is telling me wotc cost hasbro 325 million, so losing dominance in ttrpgs must be worth at least that much on paper to shareholders and vaulers That purchase was 26 years ago. The cost is no longer a factor to shareholders.