Monday, October 29, 2018

Monday's Headlines - Dark Horse News

Press Release

Dark Horse Entertainment, L.L.C. and Vanguard Visionary Associates are proud to announce their new partnership to grow the Dark Horse brand internationally in both its media and pop culture businesses.

The new venture will allow Dark Horse to fully finance development of properties from Dark Horse’s extensive content library as well as cultivate original ideas and acquire material for film and television, then co-finance the production of those projects. The deal will also focus on bringing the company’s award-winning publications and product lines to new international markets, particularly China.

“We are extremely pleased with our new relationship with the people at Vanguard Visionary Associates,” said Mike Richardson, Dark Horse CEO and founder. “We’ve had great success over the years, funding our company internally and watching it grow from modest beginnings through the hard work of our amazing staff. This new arrangement will allow us to accelerate our growth and extend our reach worldwide. The deal will offer resources that will take our company to the next level. It will also present new opportunities for our employees as well as the talented content creators we work with.”

“We see a great fit between our companies,” stated Vanguard Visionary Associates Chairman Stanley Cheung. Cheung is the former Chairman of the Walt Disney Company in Greater China. “Our goals are similar, and we feel that by combining our efforts we will be able to enhance Dark Horse’s visibility internationally on the way to making it a leader in the film business, while also making its publishing and product offerings available to new fans around the world.”

Cheung will join the Dark Horse Entertainment board while Richardson will continue as the company’s CEO overseeing its operations.