After nearly ten years without publishing any books, Valiant Comics is preparing for their return to comics. Earlier today Valiant Comics announced their return to publishing as Valiant Entertainment with former Marvel CEO and Vice Chairman Peter Cuneo at the helm as Chairman. The announcement comes at a time where comic markets have stabilized, and non-superhero books seem to be strengthening.
Cuneo first joined Marvel in 2009 as their Chief Executive Officer around the time Marvel first filed for bankruptcy. Cuneo managed to help turn the company around and continued to serve on the company's Board of Directors until Marvel's sale to The Walt Disney Company was finalized in 2009. Following his departure from Marvel, Cuneo has acted as Managing Principal of Cuneo & Company, LLC., the same company that has invested in Valiant Entertainment.== TEASER ==
Valiant Announces Investment and Expansion of Management Team
New York, NY – June 2, 2011 – Valiant Entertainment, the character-based entertainment company with more than 1,500 characters in its library, announced it will reintroduce the critically acclaimed Valiant Universe in print and digital comics in 2012. Valiant has hired accomplished industry executives and creative talent to expand its management team. The first announcement is that former Marvel CEO and Vice Chairman Peter Cuneo has assumed the role of Chairman of Valiant.
Valiant Entertainment, co-founded by Jason Kothari and Dinesh Shamdasani, has received a capital infusion from private investment company Cuneo & Company, LLC. Peter Cuneo, Managing Principal of Cuneo & Co., recently concluded ten years of leadership at Marvel Entertainment.
Valiant first launched during the comics boom in 1989 and saw success for about ten years, selling over 80 million comics within the first five years of it's inception. The company was eventually purchased by Acclaim Entertainment in 1994, and in 1996 Valiant Comics was renamed to Acclaim Comics and began streamlining their properties to cater to the development of new Acclaim video game franchises; such as Shadowman and Turok the Dinosaur Hunter, for example. Valiant saw it's decline coincide with the decline of the comics industry, and it's parent company Acclaim filed for bankruptcy in 2004. During the years of it's publication, Valiant predominantly published superhero comic books that were grounded by consequence, continuity and the laws of physics. It will be interesting to see if Valiant returns to it's superhero roots, or if they will focus on other, different genres. What do you think of the return of Valiant? Did you read Valiant in the 1990's? Did you have a favorite title? Do you look forward to it's return?
Valiant Director Dinesh Shamdasani plans to announce Valiant Entertainment's 2012 scheduled launch soon.