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Post by Deleted on Jan 29, 2018 11:34:06 GMT -5
link Is this good or bad?
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Post by hondobrode on Jan 29, 2018 12:41:55 GMT -5
Oh wow
I knew someone would eventually buy it.
Not sure if it's good or not.
Back when Acclaim bought them I thought it was great news as they're a "real" company, even better, an entertainment company, with deep pockets, but look how that turned out.
I'm nervous now, TBH.
I love the heck out of the characters, and the current versions are the best ever IMHO.
It would take just one well received show or movie to really help propel these guys upwards.
Their universe is small enough that you don't have to follow everything to know what's going on, and the creators they have really contribute on a level they don't take to the Big Two IMO, even though they still don't own the characters.
Jeff Lemire and Matt Kindt have told amazing stories over there and the artists, like Tomas Giorello, Lewis Larosa, Cafu, and Rafa Sandoval do an incredible job.
As an investment opportunity, I think Valiant is an excellent option.
They're undervalued as they only have about 1% market share at best, despite having been around for almost 3 decades.
The potential for X-O, Shadowman, Bloodshot, Harbinger, Dr Mirage, Faith or someone else break out is there.
I'll eagerly be watching this story.
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Post by Deleted on Jan 29, 2018 14:28:06 GMT -5
There's a couple of interesting pieces about this up on Bleeding Cool (who broke the news before Hollywood Reporter did). As for the impact on comics, there's this bit form the article... and this comment on the Valiant press release... The also failed to mention that this was a triggering of the buyout clause in the initial investment agreement made by DMG Entertainment with Valiant two years ago not a mew move based on Valiant's "success and progress and that DMG is wholly owned by Chinese investors looking for content to distribute in the Chinese market who care little about the American movie market or American publishing market. so a lot of the Valiant press release is filled with wishful thinking and inaccurate information trying to paint themselves as being in a better position than they actually are (which has been Valiant's MO since they relaunched in 2012. The content has been uneven, some of it really good, other things not so much, but the driving vision behind it has always struck me as wishful thinking driven by magical thinking than anything based on the reality of the industry if not outright delusional. -M
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Post by Deleted on Jan 29, 2018 16:15:29 GMT -5
The fallout of the deal has already begun. Valiant's CEO, CCO (chief creative officer) and chairman have already resigned form Valiant after the news of the buyout broke, so the company leadership that has taken them this far is now gone. Editorial remains in place for now. -M
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Post by Batflunkie on Jan 29, 2018 18:30:41 GMT -5
Yeah, this is pretty damn sad. It was one hell of a ride though Also makes the promo image for March's Shadowman seem downright poetic
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Post by hondobrode on Jan 30, 2018 2:50:25 GMT -5
The fallout of the deal has already begun. Valiant's CEO, CCO (chief creative officer) and chairman have already resigned form Valiant after the news of the buyout broke, so the company leadership that has taken them this far is now gone. Editorial remains in place for now. -M The articles I read addressed the fact that they agreed per the contract with DMG to step down. Valiant will survive. They should have clarified # 3 superhero universe, not publisher, obviously.
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Post by Deleted on Jan 30, 2018 3:01:10 GMT -5
The fallout of the deal has already begun. Valiant's CEO, CCO (chief creative officer) and chairman have already resigned form Valiant after the news of the buyout broke, so the company leadership that has taken them this far is now gone. Editorial remains in place for now. -M The articles I read addressed the fact that they agreed per the contract with DMG to step down. Valiant will survive. They should have clarified # 3 superhero universe, not publisher, obviously. They may, but a lot of what I have read has said that creators like Matt Kindt, Jeff Lemire and others only came to Valiant because they wanted to work with Dinesh, and now that he's gone a talent flight is expected. So I am sure Valiant will survive (at least for a while) in some form or another, but it's not likely to resemble the Valiant we have seen since 2012 for very long. -M
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Post by Batflunkie on Jan 30, 2018 12:26:52 GMT -5
They may, but a lot of what I have read has said that creators like Matt Kindt, Jeff Lemire and others only came to Valiant because they wanted to work with Dinesh, and now that he's gone a talent flight is expected. So I am sure Valiant will survive (at least for a while) in some form or another, but it's not likely to resemble the Valiant we have seen since 2012 for very long. It's probably going to end up like Birthquake/Pre-Valiant Heroes, where Acclaim funneled in trillions of dollars to get big names like Mike Grell to do their books
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Post by Deleted on Jan 30, 2018 12:34:28 GMT -5
Or just as Acclaim was focused on using the IP to launch games and publishing was an afterthought, MDG is focused on mining IP for other media, especially to release in the lucrative Chinese market and publishing is an afterthought, so as soon as margins for publishing dip below a certain level, they will close up shop.
I've seen a lot of people saying they are dropping Valiant titles as soon as the current story arcs conclude or as soon as Harbinger Wars 2 is done, so sales could start slipping sooner than later on these books. I don't see MDG funneling a lot of money into the publishing side as that's not their raison d'etre and not where they think thay can make their money back. I think they will maintian the status quo until the status quo starts losing money.
-M
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Post by Batflunkie on Jan 30, 2018 15:03:31 GMT -5
I've been kind of wondering if Harbinger Wars 2 was ever really even necessary, but I'm betting that MDG kind of forced their hand
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Post by hondobrode on Feb 4, 2018 0:06:11 GMT -5
This is just my opinion, but I think they understand that you need the publishing side to keep fueling good stories, characters and concepts.
Don't see the publisher going away.
One hit, just one hit, will give them a lift.
Acclaim went under because they bet too heavily on the third Turok video game, third, which belly flopped hard, and they had many legal problems including lawsuits and unpaid bills, as well as foolishly spending on marketing, like paying $ 10K to anyone who legally named or changed their name to Turok.
I can't help but be optimistic. Hopefully DMG can give them a boost.
There was this little company that was on the verge of going under back in the early 60's that turned around and knocked DC on its ass, which DC has never fully recovered from.
Not saying that's necessarily going to happen, but I think Valiant can hang on and even move up.
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Post by Deleted on Feb 4, 2018 0:19:18 GMT -5
This is just my opinion, but I think they understand that you need the publishing side to keep fueling good stories, characters and concepts. Don't see the publisher going away. One hit, just one hit, will give them a lift. Acclaim went under because they bet too heavily on the third Turok video game, third, which belly flopped hard, and they had many legal problems including lawsuits and unpaid bills, as well as foolishly spending on marketing, like paying $ 10K to anyone who legally named or changed their name to Turok. I can't help but be optimistic. Hopefully DMG can give them a boost. There was this little company that was on the verge of going under back in the early 60's that turned around and knocked DC on its ass, which DC has never fully recovered from. Not saying that's necessarily going to happen, but I think Valiant can hang on and even move up. Marvel had the advantage of newsstands to reach people who didn't know about them and maybe didn't know what they wanted until they saw it. Comic shops sell to people who already know what they want and only a few titles get shelf space to be seen to be bought by new customers. In most shops, those few don't include Valiant, so it's hard to have a hit when the only people buying it are people who already know that they want it, because no one else sees it. That's not a Valiant issue per se, it's a direct market issue, but a publisher like Valiant has to find a way to overcome that and they tried valiantly with outreach efforts like going on the Warp tour and such over the last few years only to see no appreciable gains in sales because of it. The only way you can have a hit is if people know about it and order it 3 months before it comes out to get retailers to order it so Valiant can print it. Otherwise they print to order and retailers only order what they know they can sell, so no hit is going to emerge form that scenario because there just aren't enough copies printed or preordered to make it be a hit. It's a cycle comic shops can't escape from because all the risk in on the heads of the retailers who have to buy on a non-returnable basis and publishers aren't willing to shoulder the risk by making the books returnable so there can be copies out there to be bought by new audiences because frankly there aren't enough customers left in the direct market to make it worth their while and the margins are so small to begin with a bad risk would be catastrophic to their cash flow. -M
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Post by hondobrode on Feb 4, 2018 2:28:18 GMT -5
That can be overcome with one hit.
One
At the very least, shops will be more inclined to order their product.
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Post by Deleted on Feb 4, 2018 2:44:34 GMT -5
That can be overcome with one hit. One At the very least, shops will be more inclined to order their product. That's what you are not seeing. There can't be a hit if people don't preorder it. Shopowners have to order it before people can buy it. If shops can't afford to buy enough extra copies of something like Dark Knights Metal that is selling 100K copies per issue and selling out within the first week so they know it will sell, they're sure as hell not going to order extra copies of something they aren't sure will sell and tie up their operating capital. Customers do not determine how many books are ordered, retailers do. and the only time customers can influence retailer orders is 3 months before the book comes out when only hardcore fans who already know about the book know to preorder it. If it could be overcome, the industry as a whole would be in better shape, but it cannot be overcome because the direct market model is not designed to overcome it. It is designed to sell to people who already know what they want. If retailers don't order extra to have on the shelf, how can anyone else find a copy to buy it and try it to make it a hit even if word of mouth is good on a book? How do you buy something that never gets printed because print runs are set to pre-orders by retailers who aren't ordering extra copies for shelves. TO be a hit, either preorders have to rise dramatically but if no one knows they want the book, they won't, or people have to buy the book in large numbers who weren't planning on it, but if there's no extras available because they weren't ordered or printed, that can't happen. One hit could change it, but the current market doesn't allow for hits except for books who are preordered heavily. Who is going to preorder heavily on Valiant when it's not moving 10K unites per issue. Faith was a critical hit. Didn't move sales overall. The Valiant by Lemire & Kindt was a crrtical hit, didn't move sales. And when people did go looking for them, there weren't copies available because they weren't preordered and thus not printed. So how do you break that cycle? The industry has been looking for ways to do so for decades now, but no one wants to take on the risk or change the model of the market, so it doesn't happen. It's like saying you life will change as soon as you win the lottery and you keep waiting for it to happen, but you can't buy the tickets to actually play, so it will never happen. -M
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Post by Deleted on Feb 4, 2018 2:49:29 GMT -5
And if you think a hit movie or tv show will change comic sales patterns, good luck to you. It's been 17+ years since the first hit Marvel movie and they're still waiting for the sales increase from it to show up. Hasn't happened yet. Isn't happening now. Won't happen in the future. Despite a string of hit movies and tv shows, neither DC nor Marvel has gotten a sales bump from it. So that's not going to help Valiant publishing either even if the movies and tv shows they are planning are successful.
-M
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