July 11, 2012 09:03 AM Eastern Daylight Time
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--POW! Entertainment (OTCQB: POWN) (Company), the media and entertainment company founded by comic legend Stan Lee, today announced its continued growth of the business with a number of key partnership signings domestically as well as an expansion into international markets such as Asia. Adding to the firm’s 2012 slate, Stan Lee and POW! Entertainment’s joint ventures in Asia and in the live events industry opens up new licensing and revenue opportunities for the company alongside its franchises in motion pictures, television programming, merchandising and video games.
Gill Champion, president/CEO of POW! Entertainment said, “POW! has been incredibly busy working with best-in-class partners to expand both Stan Lee’s brand and the company’s multiplatform business into new sectors and markets like Asia. From Stan Lee’s World of Heroes channel to The Annihilator, we are thrilled at the continued creative innovation and revenue opportunities we’ve seen so far this year.”
POW! Entertainment’s partnership announcements include:
Stan Lee’s World of Heroes: In partnership with Vuguru and YouTube, the premium channel offers millions of superhero fans globally a whole new world of scripted and unscripted shows, characters and stories to enjoy. An official announcement and more channel launch details will be made in the run up to this year’s International Comic-Con event in San Diego, California.
The Annihilator: Recently announced at the Shanghai International Film Festival, the Dan Gilroy (The Bourne Legacy, Real Steel) scripted feature film received funding from the state-run National Film Capital (NFC), a Beijing-based entertainment industry fund management company. The Annihilator is a brand new Chinese superhero franchise for the global market, and a project that marks POW! Entertainment’s move into the Chinese market with Magic Storm Entertainment.
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