Filmmaker Dan Mintz Acquires Valiant Entertainment
In the first major news of 2018, filmmaker and DMG Entertainment Founder Dan Mintz has acquired Valiant Entertainment. Valiant’s the third largest universe of superhero characters in entertainment, sitting alongside Warner Bros.’ DC Comics and Disney’s Marvel.
Mintz has held a significant stake in Valiant since 2014. By taking complete ownership of Valiant’s library of over 2,000 characters Mintz increases his library of intellectual property. Valiant’s character’s include X-O Manowar, Bloodshot, Harbinger, Shadowman, Archer & Armstrong, Ninjak, Faith and more.
DMG has an expertise in monetizing in the global marketplace and is positioned to increase Valiant’s IP to a growing global audience including not just comics and movies, but theme parks, gaming, and more.
Current Valiant movie and television projects in development include the previously announced “Bloodshot” and “Harbinger” feature films from Sony Pictures, to be produced in partnership with Original Film; the television show “Quantum and Woody,” produced in partnership with the Russo Brothers’ Getaway Productions; and a Dr. Mirage television series with CBS Studios and The CW Network. Additional feature film projects, including “Shadowman,” “Archer & Armstrong,” “Eternal Warrior,” “X-O Manowar” and others yet to be disclosed publicly, are also well underway.
DMG is valued at more than $6 billion. Mintz has a strong track record when it comes to producing and financing global IP, including Marvel Studios’ “Iron Man 3” and the acclaimed sci-fi thriller “Looper.” Additionally, DMG has produced numerous major motion pictures, including its recent partnership with James Cameron and Studio Canal to reimagine “Terminator 2” in 3-D for global theatrical release. DMG’s upcoming feature films include “Chappaquiddick,” starring Jason Clarke and Kate Mara, and “Blockers,” starring Leslie Mann and John Cena; both films will hit screens worldwide in 2018.
The move has resulted in one immediate change. Dinesh Shamdasani, who acted as CEO, is transitioning out of the company.
“Defeat snatched from the jaws of victory” – Jim Shooter, 1992
— Dinesh Shamdasani (@dinesh_s) January 29, 2018
Founded in 1989 by Jim Shooter, it was bought in the 90s by Acclaim Entertainment. That purchase too was to use Valiant’s IP in ways other than just comics. However, Acclaim’s business tanked and along with it Valiant. The rights to the characters were eventually picked up by Shamdasani and Jason Kothari and a resurrected company began publishing again in 2012.
Will history repeat itself? Time will tell.