IDW Media Holdings, which includes Transformers home and flat second half of 2018 performer IDW Publishing, entered into a term loan and a short-term bridge financing facility with its Chairman Howard Jonas as detailed in recent disclosures.
“As the company continues to leverage its intellectual property (IP), IDWM faces the need for production investment, as well as additional infrastructure costs needed to manage operations for its growing slate of content and other operations. IDWM anticipates the need for further funding, and the company is planning to raise capital from existing stockholders by way of a private placement memorandum that will include the offering terms.”
Survey the press releases for yourself to crunch the numbers, then join to the discussion on the 2005 boards!
G1Prowl
We have drastically different ideas as far as what "finished" means. If by "finished" you mean still selling the majority of the top 100 comics every month AND lucrative licensing income through movies, toys, and video games, then yeah, they're finished.
misfire19d
This might mean something. I don’t know. Maybe another member may know more about this.
IDW Media To Present at 9th Annual LD Micro Invitational
Dire 51
Let's be honest, Marvel is lost.
Marvel is lost as in completely finished.
justiceg
Hmm. This ain’t sounding good. Hope it doesn’t affect the comics.
AzT
Apparently: 'Wynonna Earp' Production Delayed as IDW Seeks Funding for Season 4
ProtectronPrime
Might have something to do with who they can court as sponsors. Companies have the right to determine what shows get to shill their stuff. IDW may not have the brand recognition that companies want, or pumping out the content that other companies want to be associated with.
pnova
Why don\'t they run ads like Marvek & DC do for food milk games etc to get money in instead of in house ads only
GoLion
Your signature might actually prove true.
Michael Payton
To be fair, even the Big Two are having major issues with new comic content. It's merchandise that keeps Marvel and DC afloat. They could stop publishing any new content and their IPs are still worth billions.
What do the smaller publishers have that compared to this? Archie is only kept afloat by Warner Brothers and Netflix and they benefit from having one single IP that people have actually heard of. Most diehard comic fans and pros have to Google search to see if an IP is owned by Dark Horse or IDW. The bulk of their content is creator owned or licensed. Either can be moved to a new publisher tomorrow.
The American comics market is in a very u healthy place in 2018, despite the media spin. Even with billion dollar box offices, manga still vastly outsells domestically produced content. Viz offering unlimited Shonen Jump for $1.99 a month is going to be a great model for any future player in the domestic market or any existing company that wants to compete in the future.
Nagatem
I’d love to see idw getaway team up with armada sideways and prime starscream. Oh the backstabing they could accomplish. The backstab boys
samisham
You really have to be big 2 level in order to produce TV shows on top of everything else like this. Just get back to producing comics, the thing you're good at. Most of us don't wanna see you go bankrupt.
Novaburnhilde
Inb4 people who didn't even read it, or looked over it without understanding anything therein jump to IDW's defense and speak as if we can't see the writing on the wall.
I'd very much like to see IDW try to produce TV shows, sounds like wishful thinking if you ask me. They can barely seem to manage comics and they think they'll do any better on television? Not sure that's how it works. Then again, maybe Netflix will fund their shite.
misfire19d
Hmm. Sounds like producing tv shows was costing more than expected. The loan from the bank was delayed so the chairman fronted the cash.
I just skimmed it though.
AzT
IDW Media Holdings: Financial and Operational Disclosures Detail Cash Needs – Transformers News – TFW2005