Some news from late last week: Platinum Studios is now a publicly traded company. Follow along at PDOS.
Platinum Studios, Inc. (OTCBB: PDOS), an entertainment company that controls an international library of more than 3,800 comic book characters which it adapts, produces and licenses for all forms of media including print, film, online, mobile / wireless, gaming, and merchandising, today announced that the company’s shares have been approved for trading on the NASD’s Over-the-Counter Bulletin Board market under the symbol PDOS.
“Our new trading symbol, PDOS, allows our existing shareholders and potential new investors to obtain our trading and financial information, as well as keep up to date on our company’s developments and accomplishments,” said Scott Mitchell Rosenberg, Platinum Studio’s Chairman and CEO, and comic creator.
Brian Altounian, President and COO, and architect of the company’s public registration process and investor base development, said, “With Platinum Studio’s access to Wall Street, we are now able to accelerate the development of our intellectual property portfolio, turning our characters into cash flow by developing and merchandising them across all forms of media. We currently have properties in development across a myriad of entertainment platforms.”
Platinum Studios controls a comic book library of more than 3,800 characters in which it has developed four core areas for the merchandising of its intellectual property – Print Publishing, Online/Mobile, Filmed Entertainment, Merchandise/Licensing
Platinum Studios continues to expand its vast library, through acquisition and by way of its annual Comic Book Challenge™ held in San Diego during the same week as the International Comic-Con Convention, the industry’s largest annual trade show. The elimination style contest in which fans vote on the new characters and concepts presented by talented newcomers, draws thousands of applications and has already produced two new comic book franchise properties, “Hero by Night” and “Gunplay”. In addition to owning the social comic site www.DrunkDuck.com, where anyone can upload their comic creations to share them with a vast reader community, Platinum Studios also has partnered with Comflix Studios in the creation of Splastk: the first web syndicated, comic book-fueled video network.
In its mobile division, Platinum Studios has launched the mobile comics site, www.PT78mobile.com, and has partnered with Skyward Mobile and PlayPhone.com, allowing fans to consume their favorite comics wherever and whenever they want.
The film and TV division is moving forward, with DreamWorks and Universal Pictures (NYSE: GE) partnering to turn the graphic novel, “Cowboys & Aliens”, into a full-length feature, and with Walt Disney Pictures (NYSE: DIS) on board to develop the company’s comic book series “Unique” into a full-length feature film.
To learn more about the company and to sign up for our newsletter, visit www.platinumstudios.com.
Let’s hope that this translates into more timely payments for freelancers.
Hmmm, I’d wonder what trading OTC stock will really do for them. If they truly want capital then I’d think this isn’t the best way to do it, but that’s just me.