DMG Acquires Comics Publisher Valiant Entertainment
DMG Entertainment, a media company with holdings in TV, Film, comics and gaming, has acquired Valiant Entertainment, a comics publisher known for such superhero series as Bloodshot and Harbinger.
The acquisition was first reported by The Hollywood Reporter. DMG founder and CEO Dan Mintz said the acquisition is driven by TV and film opportunities, and not to expand the publishing side.
Mintz said he plans to involve Valiant’s comics writers more closely with film production, “and not keeping them siloed into the comic book area.”
Several Valiant properties are currently in development in Hollywood, among them. Harbinger and Bloodshot (both at Sony), while Quantum and Woody, a story featuring interracial foster brothers with super powers, is being developed as a TV show.
Originally founded in 1989, Valiant has gone through several different owners. The current resurrection of the publisher began in 2012 under entrepreneurs Dinesh Shamdasani and Jason Kothari.
The acquisition of Valiant by DMG is the most recent effort by a Hollywood entertainment firm to secure the intellectual property of a comic book publisher for likely film and TV production.
In August 2017 NetFlix acquired Millarworld, the publishing house founded by comics writer Mark Millar. Millarworld publishes such popular comics/film series as Kick-Ass and Kingsman. Also in 2017, Walking Dead creator Robert Kirkman inked a new first-look deal with Amazon Studios with his Skybound Entertainment comics imprint.