Aethon Books has acquired a majority interest in Vault Comics
Aethon Books has announced that it has acquired a majority interest in Vault Comics. The two companies in 2023 announced a partnership to publish titles across the comic book and graphic novel and ebook and audiobook categories.
In the 2023 partnership, Aethon was to publish ebook and audiobook adaptations and tie-ins of titles from the Vault library, while Vault would publish comic book and graphic novel adaptations and tie-ins of titles from the Aethon library. Two subsequent announcements were made regarding actual products (catch that here and here). In 2020, Heavy Metal Entertainment and Aethon announced a similar partnership.
Vault will continue to be led by CEO, Damian Wassel, and CCO, Adrian Wassel. Aethon co-founders Rhett Bruno and Steve Beaulieu will join the board of Vault. Wassel confirmed that the deal does not affect current staffing at Vault and team members will continue in their roles.
Wassel also indicated that high profile investors in Vault including Jeff Ubben, UTA, Crush Ventures and Metallica’s investment arm Black Squirrel Partners remain invested in the merged company.
The terms of Aethon and Vault’s deal have not been disclosed.
