CA Media, the Asian investment arm of The Chernin Group, has acquired what it's calling "a large minority stake" in Graphic India, a new subsidiary of Liquid Comics.
Launched in 2011 by Sharad Devarajan, Gotham Chopra and Suresh Seetharaman, Graphic India is a comic book and animation company focused on creating mythological and superhero characters and stories for the Indian youth market, published across mobile and online platforms. The Chernin Group was founded in 2009 by former television and film executive Peter Chernin, who was previously president and CEO of News Corp. The investment makes CA Media and Liquid joint owners, with the latter contributing its catalog of comics.
Graphic India, which partnered with Stan Lee's POW! Entertainment to create the superhero Chakra--The Invincible, plans to release new digital content centered on properties previously published by Liquid Comics. They include: Devi, developed by filmmaker Shekhar Kapur; The Sadhu, created by Gotham Chopra; and Ramayan 3392AD, developed by Deepak Chopra and Shekhar Kapur.
“India is home to some of the most creative minds in the world, and we believe that the next Batman, Harry Potter, Pokemon or The Avengers, can come from this country,” Devarajan said in a statement. “At Graphic India, we intend to find, nurture and promote a new generation of creators to transform the world with their stories. The team at The Chernin Group and CA Media bring an unparalleled level of experience in entertainment and we could not imagine a better partner to work with to launch this mission.”