dmg entertainment buys valiant

DMG Entertainment has made a big splash in the comic industry today having just purchased Valiant Entertainment. The studio is behind films such as ‘Looper‘ and ‘Chappaquiddick’ among others and wants to compete with Marvel Studios and Warner Brothers in the greater cinematic universe vision of comic-based movies. Valiant has “the third-largest universe of superhero characters” and could easily be a gateway into building a diversified set of films which would have more adult orientated movies.

DMG Entertainment who is run by founder and CEO Dan Mintz was already a 57% owner in the company and made the purchase as a strategic opportunity. This buyout will allow the company to make an organized attempt “into film, television and other media platforms.”

According to Mintz:

“This is about taking it to the next level. I am not looking on expanding from a publishing standpoint but from a motion picture standpoint.”

It sounds like the comics will continue to be released as is without any significant influx but that these properties will be heading to both the big and small screen in some way. Mintz says that “The plan is not to go in there and take apart what’s working” and they want to keep the ship sailing smoothly.

That being said, Valiant’s current CEO Dinesh Shamdasani looks to be transitioning out of the position.

The publisher has never been as popular as either Marvel or DC but has many cult classics in their library, and some of these are already planned on heading to the big screen.

It sounds like they want to capitalize on the existing talent within Valiant Entertainment as well to bring the characters to the screen in a way that will resonate with fans as:

“You can expect more strong storytelling with a defined road to other platforms,” he says. “I’m also looking forward to bringing the writers close to the filmmaking process, which is something that is also important, and not keeping them siloed into the comic book area.”

The only downside is that some of the properties might be off the table for a shared universe. We know that Sony is actively developing both ‘Harbinger,’ ‘Eternal Warrior,’ and ‘Bloodshot‘ as feature films with ‘Quantum and Woody‘ is heading towards the small screen courtesy of the Russo Brothers’ Getaway Productions and ‘Dr. Mirage‘ over at CBS Studios and The CW Network.

It will be interesting to see what works end up being developed and if the already-in-motion projects could be involved in what they have planned moving forward.

Are you excited to hear that Valiant Entertainment will now have a broader push towards a cinematic vision? Will these more adult-themed comic adaptations share the same success which Fox was able to pull off with ‘Deadpool’ and ‘Logan’? Share your thoughts below!

Source: The Hollywood Reporter