Posted in: Comics | Tagged: Comics, entertainment, heavy metal, kevin eastman, variety

Heavy Metal Bought As A Brand For TV And Movies, And Transformed Into A Print-And-Digital Quarterly Magazine

Published Fri, 17 Jan 2014 13:06:02 -0600

Last updated Sat, 18 Jan 2014 10:27:42 -0600

Well that's a thing.

Kevin Eastman bought the flailing but much loved Heavy Metal Magazine in the early nineties, best known for its adaptation of European comics featuring women without many clothes in dystopian wastelands, with his Teenage Mutant Ninja Turtles money.

But now it's sold – though he will remain publisher and a minority investor in the name.

Variety reports that,

Kevin Eastman, who has served as the sole publisher of Heavy Metal since 1991, has sold the magazine to digital and music vet David Boxenbaum and film producer Jeff Krelitz, who raised several million dollars in private equity to purchase the publication. Financial details were not disclosed.

But as part of the recent transaction, Eastman, who co-created the Teenage Mutant Ninja Turtles, will continue to serve as publisher of the magazine, and is a minority investor in the new Heavy Metal. Boxenbaum and Krelitz now serve as co-CEOs of the company.

Heavy Metal will now be "revamped as an online quarterly" though it will also remain in print, and the name, familiar amongst Hollywood folk, will be used for all sorts of multimedia projects – including the adaptations of comics Chew and Peter Panzerfaust and ""Red Brick Road," a "Game of Thrones"-style take on "The Wizard of Oz," that's set up at Warner Horizon with Roy Lee, Adrian Askarieh and Mark Wolper".

So get ready to see the Heavy Metal brand on a number of comic adaptations on the big and small screens. Like the Legendary logo or the Marvel Studios flipping comic panels.

It's even possible Eastman may even have made a profit on the sale. Just.

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