Valiant Entertainment announced today that Peter Cuneo, former CEO and Vice President of Marvel, will become the new Chairman of Valiant, and it will reintroduce its Valiant Universe characters in print and digital comics by 2012. Cuneo presided over Marvel for ten years, helping them turn around from bankruptcy, until their sale to Disney back in 2009, and Valiant co-founders Jason Kothari and Dinesh Shamdasani are glad to have him on board.
“I am excited to be partnering with Peter and Gavin,” said Kothari, CEO of Valiant. “Peter’s decade of leadership at Marvel, Gavin’s decade of experience on Wall Street, and their highly active roles with Valiant will be integral to our expansion.”
“The strength of the management team which Jason has created and the quality of the characters owned and controlled by the company have made this an extremely attractive and exciting investment,” said Cuneo. “Valiant owns and controls a universe of some of the most recognizable characters in the comic world. To this day, despite interruptions in its history, Valiant has retained an extremely passionate fan base. We are keenly focused on bringing the original Valiant Universe back for these fans as well as introducing these powerful characters and stories to new readers.”
So if you've been missing characters like Ninjak, X-O Manowar, Bloodshot, Harbinger, The H.A.R.D. Corps, Magnus: Robot Fighter, Turok and Shadowman, you're in luck. Valiant was founded in 1989, and boasted some big name creative talent, such as Jim Shooter, Bob Layton, Barry Windsor Smith, Joe Quesada, Jim Lee, Frank Miller, Garth Ennis, Warren Ellis, Bryan Hitch, Steve Ditko, Mike Mignola and Neal Adams. They sold 80 million comics before the video game company Acclaim bought them to turn their properties into games, but then Acclaim went out of business in 2005, meaning Valiant Entertainment was able to buy back the rights to all the Valiant Comics in 2007, and they've been planning their own major motion picture deals as well as theri return to publishing.
“We have been planning the reintroduction of the Valiant titles for some time and I’m excited to announce our scheduled launch for 2012,” said Director Shamdasani. “Cutting-edge characters and stories were the core tenants of the original Valiant and are the core tenants of the new Valiant.”