Official Pres Release
Comic book legend Stan Lee and his company POW! Entertainment Inc. (OTCQB: POWN) today announced a partnership to produce original digital content with Michael Eisner's independent studio Vuguru. The deal brings together two storied powerhouses in the world of entertainment that will produce and distribute studio quality films, episodic series and a variety of digital content across multiple platforms.
"As a fan of Stan Lee and the iconic characters he has created, we are thrilled to work together with POW! Entertainment," said Larry Tanz, President of Vuguru. "This is a tremendous opportunity to bring compelling and heroic stories to a mass audience."
POW! Entertainment's President, Gill Champion said, "This announcement is an important move for POW! Entertainment and Stan Lee. It is the start of an exciting new chapter that will enable us to expand our storytelling into the digital realm and more quickly and effectively reach our global audience. Stan and the creative team are delighted to begin developing new worlds and amazing characters and cannot think of a better partner than Vuguru to help realize this ambition."
Scott Nocas, a seasoned digital strategist who formerly held positions at Microsoft Xbox and Sony Network Entertainment, has been helping build out POW! Entertainment's digital strategy, brokered the deal and will now help the companies further expand and develop opportunities.
Nocas, added, "The opportunity to create a collaboration between POW! Entertainment and Vuguru presented an unmistakably unique opportunity. To bring together the iconic Stan Lee brand alongside one of the most innovative digital content studios was a rare and exciting proposition. Their collaboration will certainly lead to a whole new experience in storytelling."
Stan Lee is known to millions as the man whose Super Heroes propelled Marvel to its preeminent position in the comic book industry, Stan Lee's co-creations include Spider-Manâ„¢, The Incredible Hulkâ„¢, X-Menâ„¢, The Fantastic Fourâ„¢, Iron Manâ„¢, Daredevilâ„¢, Silver Surferâ„¢ and Dr. Strangeâ„¢. In 1977, he introduced Spider-Man as a syndicated newspaper strip that became the most successful of all syndicated adventure strips and now appears in more than 500 newspapers worldwide -- making it the longest-running of all Super Hero strips. In November 2001 he founded POW! Entertainment and serves as the Chairman and Chief Creative Officer.
About Vuguru LLC
Vuguru LLC is an independent studio that develops and finances scripted, story-driven content for digital and international platforms. Founded by Michael Eisner's Tornante Company and backed by Canada's Rogers Media, the company brings premium content opportunities to advertisers and distribution partners, enabling them to connect with target audiences. Vuguru programming has been distributed in over 40 countries around the world, and in 2010, the company structured a first-of-its-kind international sales & distribution commitment for ten projects with UK-based Content Media Corporation. In the US, Vuguru has a six-project licensing and distribution deal with AOL.
Vuguru's inaugural series Prom Queen pioneered the online serial space with its unique format and distribution. Most recently, Vuguru's The Booth at the End was licensed to Rogers Media for multi-platform distribution in Canada; FOX International Channels for distribution across its entire network of pay-TV channels and online sites; and Hulu for streaming distribution in the US. Additional Vuguru series include Don't Ask, Don't Tell; Pretty Tough; The Millionaire Tour; Nuclear Family, Off Season, Little Women Big Cars and two seasons of the Emmy-nominated Back on Topps.
About POW! Entertainment
POW! Entertainment, Inc. (OTCQB: POWN), a multi-media and entertainment company, was founded by noted comic book and entertainment figure Stan Lee, together with award-winning producer Gill Champion and intellectual property specialist Arthur Lieberman. POW!'s principals have extensive backgrounds in the entertainment industry encompassing the creation, production and licensing of original intellectual properties, including some of the most successful entertainment franchises of all time. POW! is capitalizing on this combined expertise to create and develop both the legacy and digital media components of the entertainment industry. This includes animation and live-action feature films, plus television, DVDs, multi-media, merchandising and related ancillary markets. POW! has established partnerships across the entertainment industry, including studios and networks, for the creation, licensing and distribution of new POW! character franchises. For further information visit www.powentertainment.com