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Thread: Radical Studios Finds Three Big Ones. Wants Six More.

  1. #1
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    Default Radical Studios Finds Three Big Ones. Wants Six More.

    It is probably true to say that at Bleeding Cool we've had a bit of fun with Radical Studios, as they burned through hundreds of millions of dollars, employees and concepts with, it seems, little to show for it. Even dropping out of Free Comic Book Day. There were a number of decent comic books along the way, but with no comics to show for themselves for about a year, even while the Oblivion movie still seemed to be happening at Universal, and with funding and operational activities closing that seemed to be that. Another Tekno/Platinum story.

    But then Variety reported that;
    With the bigscreen adaptation of "Oblivion" on the horizon, comicbook publisher Radical Studios has raised $3 million in equity to help broaden its digital strategy and licensing capabilities.

    Co-founders Jesse Berger and Barry Levine have been working on the series B funding for months, with the ultimate goal of raising $9.5 million. The $3 million marks the first round and closed last week.

    Coin came from WolfIskin Prods., a production shingle best known for its musicvideo work. WolfIskin topper Luisa Iskin says the investment will allow both companies to work more collaboratively on production (Radical currently does not have inhouse production facilities).
    That certainly is money. But for those looking for more Radical comic books, don't hold your breath
    Radical hopes it can focus most of its new coin on developing more of its catalog of intellectual property, as opposed to creating projects from scratch. While the studios hang on to most of the ancillary rights to Radical's films, they don't get everything.

    "Radical reserves a certain kind of digital publishing right that allows us to have a little more creativity in the user interface of the experience, without it being a game," Berger told Variety , adding that the company hopes to develop different ways for fans to interact with Radical's content. "We're always on the hunt for new IP, and we're always looking to develop new IP with the top creators in the business, and at the same time, we have a tremendous catalog," he said.

  2. #2
    Bleeding Cool alekesam's Avatar
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    I'm never going to get more Hotwire from Ellis and Pugh am I?
    "Walking bones!"

  3. #3
    Bleeding Cool Matt Spatola's Avatar
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    Hundreds of millions of dollars?
    The Comics Ticker- my new comics blog


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    King of Cool Blackfist's Avatar
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    Quote Originally Posted by Matt Spatola View Post
    Hundreds of millions of dollars?
    Hundrillions
    Marvel: S-man 2099, Rocket Raccoon
    DC: Wonder Woman, Injustice, Detective Comics, Sandman Overture
    Indie: Sonic the Hedgehog, MegaMan, Street Fighter, SkullKickers, Fatale, Elephantmen, Afterlife of Archie, The Wicked+The Divine

  5. #5
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    Quote Originally Posted by Blackfist View Post
    Hundrillions

    気持ち悪い

  6. #6
    Bleeding Cool Matt Spatola's Avatar
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    Quote Originally Posted by Blackfist View Post
    Hundrillions
    Well I kind of doubt it...the hundreds of millions. Rich's link to himself doesn't even say that.
    The Comics Ticker- my new comics blog


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  7. #7

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    TIME BOMB.

    Nuff said.

  8. #8
    Zen Master of Cool darkspark's Avatar
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    "we have a tremendous catalog" that's funny...
    I'm now doing weekly comic reviews for Fanboybuzz.com and be sure check out my blog @ thecomicsbleed.com.

  9. #9
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    Quote Originally Posted by alekesam View Post
    I'm never going to get more Hotwire from Ellis and Pugh am I?
    You'd think they'd at least get that 2nd trade out considering they had Deep Cut all out in single form. Hell, you'd think they'd have traded the rest of their stuff out in singles like Earp, Abattoir, etc.

  10. #10
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    Quote Originally Posted by JIMMY PALMIOTTI View Post
    TIME BOMB.

    Nuff said.
    And it was DAMN good!

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