Twentieth Century Fox Film Invests in BOOM! Studios and Extends their First Look Deal
Twentieth Century Fox Film has announced a strategic investment in comic book and graphic novel publisher BOOM! Studios.
The investment gives TCFF a significant minority stake in the largest independently-controlled comic book and graphic novel library. Differing from other major publishers in the space, BOOM! partners with creators to share ownership of original series.
In the announcement Fox said this investment is part of their focus to foster an environment that serves as a home to great storytellers and allows them to work more closely with the publisher’s writers and artists. The investment also will fuel BOOM!’s original content. Now BOOM! can greenlight more new series from comic book creators, deepen its distribution relationships, and widen its marketing reach.
The publisher entered a first-look film deal with Twentieth Century Fox Film in the Fall of 2013 and currently has in development with the studio Irredeemable, the James Wan-created comic book Malignant Man, Imagine Agents, Mouse Guard, and Lumberjanes, among many others. TCFF is currently in post-production on a feature film based on BOOM!’s The Empty Man, from the graphic novel by Cullen Bunn and Vanesa R. Del Rey.
BOOM! has also had a first-look deal for television rights with 20th Century Fox Television since 2014.
Both deals will be extended as part of TCFF’s investment in the Company.