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Valiant Comics To Return; Former Marvel Ceo Becomes Chairman

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  • palitoy
    live. laugh. lisa needs braces
    • Jun 16, 2001
    • 59794

    Valiant Comics To Return; Former Marvel Ceo Becomes Chairman



    Company Announces Investment and Expansion of Management Team




    New York, NY – June 2, 2011 – Valiant Entertainment, the character-based entertainment company with more than 1,500 characters in its library, announced it will reintroduce the critically acclaimed Valiant Universe in print and digital comics in 2012. Valiant has hired accomplished industry executives and creative talent to expand its management team. The first announcement is that former Marvel CEO and Vice Chairman Peter Cuneo has assumed the role of Chairman of Valiant.



    Valiant Entertainment, co-founded by Jason Kothari and Dinesh Shamdasani, has received a capital infusion from private investment company Cuneo & Company, LLC. Peter Cuneo, Managing Principal of Cuneo & Co., recently concluded ten years of leadership at Marvel Entertainment, which achieved one of the most extraordinary turnarounds in entertainment history during that period. His tenure with Marvel concluded with Marvel’s sale at the end of 2009 to The Walt Disney Company for over $4 billion. Gavin Cuneo, Principal of Cuneo & Co., was an investment banker with Bank of America Merrill Lynch prior to the founding of Cuneo & Co. He has spent over ten years working in investment banking and investment management and has been appointed to Valiant’s Board of Directors. Peter and Gavin Cuneo are working closely with Valiant’s expanded management team to usher in the new era of Valiant.



    “I am excited to be partnering with Peter and Gavin,” said CEO Jason Kothari. “Peter’s decade of leadership at Marvel, Gavin’s decade of experience on Wall Street, and their highly active roles with Valiant will be integral to our expansion.”



    “The strength of the management team which Jason has created and the quality of the characters owned and controlled by the company have made this an extremely attractive and exciting investment,” said Peter Cuneo.



    “We see a great opportunity in today’s comic book industry for the emergence of a brand that combines the power of a strong legacy with a first-class creative and business team,” said Gavin Cuneo.



    Originally founded in 1989, Valiant Comics quickly became one of the most successful comic book publishers by creating unique and compelling heroes and villains and focusing on storytelling. Valiant characters have been written and illustrated by many of the industry’s most famous creative talents, including Jim Shooter, Bob Layton, Barry Windsor Smith, Joe Quesada, Jim Lee, Frank Miller, Garth Ennis, Warren Ellis, Bryan Hitch, Steve Ditko, Mike Mignola and Neal Adams, among many others. Previously named Publisher of the Year by Diamond Comics Distributors, Valiant characters have sold over 80 million comic books. After creating some of the most popular comic book characters, Valiant was acquired by video game company Acclaim Entertainment. Acclaim used the characters as the basis for a number of successful video game franchises. Acclaim went out of business in 2005 due to issues unrelated to Valiant, including the loss of key sports video game licenses. This enabled Valiant Entertainment to acquire all the rights to the Valiant Comics library at the end of 2007. Valiant Entertainment began operations in 2008 and has made significant progress in the licensing and development of major motion pictures that will be communicated in the coming months. Valiant now expands into publishing.



    “We have been planning the reintroduction of the Valiant titles for some time and I’m excited to announce our scheduled launch for 2012,” said Director Dinesh Shamdasani. “Cutting-edge characters and stories were the core tenants of the original Valiant and are the core tenants of the new Valiant.”



    “Valiant owns and controls a universe of some of the most recognizable characters in the comic world,” added Peter Cuneo. “To this day, despite interruptions in its history, Valiant has retained an extremely passionate fan base. We are keenly focused on bringing the original Valiant Universe back for these fans as well as introducing these powerful characters and stories to new readers.”



    About Valiant Entertainment
    Valiant Entertainment is a character-based entertainment company that owns and controls some of the most cherished comic characters ever created across all media, including film, television, video games, new media, publishing, and consumer products. Since their creation in 1989, Valiant characters have sold 80 million comic books and have been the basis of a number of successful video game franchises. Valiant’s extensive library includes over 1,500 characters, such as X-O Manowar, Bloodshot, Harbinger, Shadowman, and Ninjak. Visit Valiant Entertainment.
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  • Random Axe
    The Voice of Reason
    • Apr 16, 2008
    • 4518

    #2
    Cool and unexpected. In this current economic climate that isn't comic book friendly, this is a major risk. I like XO and Turock but I don't see how this ship wont sink.
    I almost had a psychic girlfriend but she dumped me before we met.

    If anyone here believes in psychokinesis, please raise my hand.

    Comment

    • kingdom warrior
      OH JES!!
      • Jul 21, 2005
      • 12478

      #3
      This will be interesting, Hopefully it will sail before it sinks. loved Magnus and Dr.Solar......

      Comment

      • samurainoir
        Eloquent Member
        • Dec 26, 2006
        • 18758

        #4
        As long as they get Chrisopher Priest and Mark Bright to finish off their Quantum and Woody storyline, I'd be happy.
        My store in the MEGO MALL!

        BUY THE CAPTAIN CANUCK ACTION FIGURE HERE!

        Comment

        • GaryPlaysWithDolls
          Mighty Man/Monster Maker
          • Aug 14, 2007
          • 2347

          #5
          I like the LOOK of the original Dr. Solar and I LOVED Quantum and Woody. This feels destined to fail, though.

          Mina is the world's first Paranormal Petsitter in the new middle-grade book series by Gary Buettner, MONSTER PETS, coming in FALL 2014 from EMBY KIDS. Spooky adventure that's perfect reading for kids 8-12
          https://www.facebook.com/monsterpetsbooks?ref=hl

          Comment

          • thunderbolt
            Hi Ernie!!!
            • Feb 15, 2004
            • 34211

            #6
            They don't have the use of the Gold Key characters anymore, they are at Dark Horse with Jim Shooter.
            You must try to generate happiness within yourself. If you aren't happy in one place, chances are you won't be happy anyplace. -Ernie Banks

            Comment

            • CaptainTrenchcoat
              Career Member
              • Jul 6, 2006
              • 858

              #7
              If they bring back XO Manowar, I am all over that. That's the only Valiant series I still have. I even bought the bronze XO ring. Still can't get my "good skin" to work. lol

              Comment

              • samurainoir
                Eloquent Member
                • Dec 26, 2006
                • 18758

                #8
                It does seem like a financially top-heavy company for just comics.

                They really have to bust out of the gate with those movie, toys and video game deals to make a run of this. At this point I think they only have a certain amount of fondness people might have for the Turok game from the nineties going for them.

                I just want to know how Quantum got that fat and why Woody is a bad guy.
                My store in the MEGO MALL!

                BUY THE CAPTAIN CANUCK ACTION FIGURE HERE!

                Comment

                • CrimsonGhost
                  Often invisible
                  • Jul 18, 2002
                  • 3610

                  #9
                  If They don't have the Gold Key characters, then that means no Magnus, no Turok, no Solar, ...did I miss anyone?

                  I guess then they have Shadowman, XO, Ninjak, Bloodshot, Rai, Archer and Armstrong, etc.

                  I don't know. I was there the first time. It worked because they were the opposite of Image. Guess we'll see.
                  Expectation is the death of discovery.

                  Comment

                  • The Bat
                    Batman Fanatic
                    • Jul 14, 2002
                    • 13412

                    #10
                    Didn't Valiant get the rights to "Magnus the Robot Fighter"? I love Magnus!
                    sigpic

                    Comment

                    • The Toyroom
                      The Packaging King
                      • Dec 31, 2004
                      • 16653

                      #11
                      Not interested....even back in their heyday I wasn't in to Valiant....
                      Think OUTSIDE the Box! For the BEST in Repro & Custom Packaging!

                      Comment

                      • thunderbolt
                        Hi Ernie!!!
                        • Feb 15, 2004
                        • 34211

                        #12
                        Originally posted by The Bat
                        Didn't Valiant get the rights to "Magnus the Robot Fighter"? I love Magnus!
                        Nope, Magnus Solar and Turok are at Dark Horse.
                        You must try to generate happiness within yourself. If you aren't happy in one place, chances are you won't be happy anyplace. -Ernie Banks

                        Comment

                        • The Bat
                          Batman Fanatic
                          • Jul 14, 2002
                          • 13412

                          #13
                          Originally posted by thunderbolt
                          Nope, Magnus Solar and Turok are at Dark Horse.
                          But Magnus use to be at Valiant right?
                          sigpic

                          Comment

                          • thunderbolt
                            Hi Ernie!!!
                            • Feb 15, 2004
                            • 34211

                            #14
                            Originally posted by The Bat
                            But Magnus use to be at Valiant right?
                            Yes, they liscensed them out from whoever owns them, just like Dark Horse is doing now.
                            You must try to generate happiness within yourself. If you aren't happy in one place, chances are you won't be happy anyplace. -Ernie Banks

                            Comment

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