Via PR, electronic publisher WOWIO has purchased the webcomic site DrunkDuck from Platinum Studios. Just to make it all neat and tidy, Platinum once owned Wowio, but Wowio is now owned by a separate company, which is owned by Platinum exec Brian Altounian. Got all that straight? Wowio is on a spending spree, having recently raised $1.7 million, and purchased social networking site WEvolt.
Above, a page from DrunkDuck strip Fate Running Wildby Ashveira and Ryse, Selene and Mara.
WOWIO, Inc., an established market leader with an online destination (www.wowio.com) that provides access to rich digital media content and eBooks, today announced the acquisition of leading webcomics community DrunkDuck from Platinum Studios. Following last week’s acquisition of social networking site WEvolt, the acquisition of DrunkDuck will expand WOWIO’s existing library of content available for viewing, as well as broaden the site’s user base through its 95,000 community members.
“We have been exploring ways to enhance our consumer experience with additional and relevant content,” said Brian Altounian, CEO and President of WOWIO. “This acquisition provides advertisers with additional avenues to brand an even broader range of content and publishers with a new and growing digital distribution platform.”
DrunkDuck maintains one of the leading webcomics communities, where creators are able to post comics and interact with their fans daily on forums to discuss the latest news, releases, content and even collaborate on ideas. WOWIO purchased DrunkDuck from Platinum Studios /quotes/comstock/11k!pdos (PDOS 0.10, +0.01, +5.26%) , an entertainment company that controls a large international library of comic book characters. Platinum continues to focus on film and television projects such as the just-completed, self-financed DYLAN DOG: DEAD OF NIGHT film and the upcoming COWBOYS & ALIENS feature film project with DreamWorks, Imagine Entertainment and Universal, set to begin production this month. The graphic novel of COWBOYS & ALIENS is currently available for free download on WOWIO.
“DrunkDuck’s primary goal has always been to provide the community with the content and tools they need to create the stories they want to tell,” said Scott Rosenberg, Platinum Studios’ Chairman and CEO. “WOWIO shared our original vision and will now provide a platform to continue to grow the community and strengthen the DrunkDuck brand. We couldn’t have asked for a better opportunity and are thrilled that DrunkDuck is now going to be an official part of the WOWIO family.”
“The DrunkDuck site, community and existing library of content will remain unchanged,” added Altounian. “Fans, publishers and advertisers will be pleased to know that it will be business as usual for DrunkDuck as well as WOWIO, and with our recent integration plans with WEvolt, we are unifying known entities and melding them into one superior comic and eBook destination.”