Mintz said he isn’t going to make wholesale changes on the comic front, the writers and artists that stay will continue working on the comics, but “You can expect more strong storytelling with a defined road to other platforms,” he said. “I am not looking on expanding from a publishing standpoint but from a motion picture standpoint.” “This is about taking it to the next level,” Mintz told THR. According to THR, DMG CEO Dan Mintz currently held a 57% state in Valiant, and chose to pursue the acquisition as a strategic move to make a concerted push into Film, TV and other media. Chinese company DMG Entertainment, which invested heavily in Valiant Entertainment in 2015, has now acquired the comic publisher, THR is reporting.ĭMG invested in Valiant in March 2015, devoting at least $10 million in a series C round of equity into Valiant, as well as dedicating at least $100 million toward film and TV production based on Valiant’s vast superhero catalog (see “ Valiant Gets Major Investment”).
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