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Valiant Entertainment Has Been Sold

Published Mon, 29 Jan 2018 07:48:02 -0600

Last updated Mon, 29 Jan 2018 09:33:35 -0600

Bleeding Cool has received a tip-off from a West Coast media source that Valiant Entertainment, publishers of comics such as X-O Manowar, Quantum & Woody, Bloodshot, Faith, Harbinger and Shadowman, has been sold in its entirety.

I don't yet have confirmation as to who to. I'm sure that will come down the line.

Valiant Comics was founded in 1989 by former Marvel Comics editor-in-chief Jim Shooter and lawyer and businessman Steven Massarsky. In 1994, the company was sold to Acclaim Entertainment. After Acclaim declared bankruptcy in 2004, the company was restarted as part of Valiant Entertainment by entrepreneurs Dinesh Shamdasani and Jason Kothari in 2005.

Valiant Entertainment launched its publishing division in 2012 as part of an initiative dubbed the "Summer of Valiant", winning Publisher of the Year and being nominated for Book of the Year at the Diamond Gem Awards. Reviving many of the old Valiant titles (though not Solar or Turok, as they were owned by licensors), the line grew to be the third largest superhero continuity universe, behind DC and Marvel. Valiant was the most nominated publisher in comics at the 2014, 2015 and 2016 Harvey Awards, and releasing the biggest-selling independent crossover event of the decade with "Book of Death" in 2015. They recently announced the return of the Shadowman comic book, debuting for Free Comic Book Day.

In 2015, Valiant announced that they had partnered with Sony Pictures to produce five films based on both the Bloodshot and Harbinger comic books. The films were to be produced by Valiant's Dinesh Shamdasani, along with Original Film's Neal H. Moritz and Toby Jaffe. In 2016, Chinese investment firm DMG announced a nine-figure investment in the company and its properties.

Developing….

UPDATE: Developed. It's Chinese investors DMG.