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Twentieth Century Fox Film Announces Strategic Investment in Comic Book and Graphic Novel Publisher BOOM! Studios(June 15, 2017)
Deal Also Extends Film and Television First Looks with BOOM!
LOS ANGELES--(BUSINESS WIRE)--Twentieth Century Fox Film (TCFF) today announced a strategic investment in award-winning comic book and graphic novel publisher BOOM! Studios.
The investment gives TCFF a significant minority stake in the largest independently-controlled comic book and graphic novel library. Differing from other major publishers in the space, BOOM! partners with creators to share ownership of original series.
?Were committed to fostering an environment that welcomes and supports artists and storytellers, and this investment in BOOM! allows us to work even more closely with their incredible stable of writers and artists, said TCFF CEO and Chairman Stacey Snider. ?We look forward to the projects we have with them ahead, and are proud to have an opportunity to further energize their storytelling through this partnership.
?Foxs investment will fuel BOOM!s generation of more original content like Lumberjanes, Mouse Guard, and Grass Kings. Fox has been an incredibly supportive partner and our creative alliance has been tremendously successful ? high level directors, big screenwriters, and marquee talent have found BOOM! an attractive platform. Now BOOM! can greenlight more new series from comic book creators, deepen its distribution relationships, and widen its marketing reach. Great news for our creators, retail partners, and fans. Fox is committed to BOOM!s creators through this deal and it means BOOM! will have better support and resources to publish world class content, says Ross Richie, CEO and Founder of BOOM! Studios.
Over the past four years, BOOM! has been the fastest growing company in the comic book Direct Market, winning the industrys ?Best Publisher Gem Award seven of the past eight years; an array of Eisner and Harvey Awards; the 2016 and 2017 GLAAD Media Awards; and along the way publishing a string of New York Times best-selling graphic novels.
The publisher entered a first-look film deal with TCFF in the Fall of 2013 and currently has in development with the studio Irredeemable, the James Wan-created comic book Malignant Man, Imagine Agents, Mouse Guard, and Lumberjanes, among many others. TCFF is currently in post-production on a feature film based on BOOM!s The Empty Man, from the graphic novel by Cullen Bunn and Vanesa R. Del Rey.
BOOM! has also had a first-look deal for television rights with 20th Century Fox Television since 2014.
Both deals will be extended as part of TCFFs investment in the Company.
ABOUT BOOM! STUDIOS
BOOM! Studios was founded by Ross Richie in 2005 with the singular focus of creating world-class comic book and graphic novel storytelling for all audiences. Through the development of four distinct imprints ? BOOM! Studios, BOOM! Box, KaBOOM!, and Archaia ? BOOM! has produced award-winning original work, including Lumberjanes, The Woods, Giant Days, Klaus, and Mouse Guard, while also breaking new ground with established licenses such as WWE, Mighty Morphin Power Rangers, Cartoon Network, and Jim Henson Company properties. BOOM! will also bring their original series to life through unique first-look relationships with 20th Century Fox for film and with Fox Television for the small screen. Please visit www.boom-studios.com for more information. For news and more from BOOM! Studios, stay tuned to www.boom-studios.com and follow @boomstudios on Twitter.
ABOUT 20th CENTURY FOX FILM
One of the worlds largest producers and distributors of motion pictures, 20th Century Fox Film produces, acquires and distributes motion pictures throughout the world. These motion pictures are produced or acquired by the following units of 20th Century Fox Film: Twentieth Century Fox, Fox 2000 Pictures, Fox Searchlight Pictures, Fox International Productions and Twentieth Century Fox Animation.