Breaking: BOOM! Studios Acquires Archaia
I expected the big announcements to come at San Diego Comic-Con in a few weeks, but a bombshell dropped today in the world of comics, BOOM! Studios has merged with Archaia Entertainment. BOOM! Studios will be the surviving company and the Archaia brand shall be maintained as a distinct imprint of BOOM!.
The addition of Archaia positions BOOM!’s catalog of intellectual property as the largest independent company-controlled comic book and graphic novel library, behind only industry titans DC Entertainment and Marvel Entertainment. BOOM!’s comic books and graphic novels pioneer a new business model, sharing intellectual property ownership between the company and the creators who generate the content.
BOOM!’s Chief Executive Officer and founder, Ross Richie takes pride in their relationship with creators: “
Our creator-friendly model ensures that creatives are rewarded financially as they generate the franchises of tomorrow. Archaia operates with the same philosophy and objectives, which is one of the many reasons this combination is such a great fit.
Archaia President and Chief Operating Officer Jack Cummins, who will continue in the same role, said:
We are thrilled and excited to join with BOOM!. BOOM! is very committed to maintaining the brand we’ve worked so hard to build and preserving our relationship with our creators, fans, and retailers. They’re fans of Archaia first and foremost, and are avidly working behind the scenes to expand our market penetration and carry our catalog deeper into retail channels. Archaia readers can expect the same editorial approach that has garnered industry-wide awards but we will have a much stronger platform to deliver our content in all forms and channels. I am personally looking forward to bringing our team together with the fantastic team Ross has built.
Archaia has a terrific track record for creating award-winning, beautiful books with high production values. Jack Cummins, Stephen Christy, Mark Smylie, and the entire Archaia team have built an amazing publisher. With BOOM!’s resources, Archaia fans will see more of the books they love, while retailers will enjoy better business through stronger trade terms.
The companies have plans to put key items from the Archaia catalog back into print.
This is a very exciting time for BOOM! which sees the first feature film based on one of their comics released. August 2nd sees the release of 2 Guns starring Denzel Washington and Mark Wahlberg, based on the Steven Grant comic book published by BOOM!. The company is currently preparing its second feature film for production: Jeremiah Harm, based on the comic book by Keith Giffen, Alan Grant, and John Mueller, will be directed by Timo Vuourensola of Iron Sky.
Archaia is no slouch when it comes to movies themsevles. Archaia has optioned Royden Lepp’s graphic novel Rust to Twentieth Century Fox. Among Archaia’s other announced deals are the development of Lucid and Bolivar by Warner Bros, and Feeding Ground by Pressman Films.
Recently, legendary creators including writer Paul Jenkins and artist Brian Stelfreeze have announced to the industry that BOOM! is their new publishing home. This summer BOOM! also launched the first original comic book Clive Barker has ever created and written, Clive Barker’s Next Testament.
July sees the blockbuster release of Archaia’s Mouse Guard: The Black Axe, created by Eisner Award winner David Petersen, Cyborg 009 in partnership with acclaimed Japanese publisher Ishimori, and The Thrilling Adventure Hour based on the long-running stage play of the same name.