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#Comicsgate - The Culture Wars Hit The Funny Books!
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Kwanzer is back and Kickstarting his new project the followup to the 'hit' series BLACK. It's called WHITE
Superhero Comic 'Black' Launching Follow-Up 'White'
The sequel to the acclaimed series puts a racist white president into a world where only black people have superpowers.www.hollywoodreporter.com
https://youtube.com/watch?v=osMfUPcxO4g
WHITE
How does America react when only black people have superpowers? Find out in the sequel to the critically acclaimed, BLACK.www.kickstarter.com
Creating racist media that amplifies the black community's victimhood mentality is not progress, that squarely maintains the status quo. Keep blamimg white people for everything and never take any responsibility, that's helped so much so far.
They could create a comic about empowering black families, encouraging responsible black fatherhood, encouraging education, discouraging violence, discouraging snitch-free culture. But nope! Let's make a comic titled 'Blame the white Mann' instead. Progress, Revolution!
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That's what always drives me up the wall about social commentary like this. It's usually centered solely around black Americans, uses old cliches, and usually is the product of a white guy fetishizing "The Black Experience™" or someone like Kwanza who sees dollar signs/has their own hang-ups.
I know the easy comeback is "Well, we're still oppressed!" but that doesn't explain the over-reliance on media tropes from the 60s and 70s. I wish McDuffie were still alive to comment on a bunch of the shit people make nowadays.
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- Jun 14, 2018
>The sequel to the acclaimed series puts a racist white president into a world where only black people have superpowers.Kwanzer is back and Kickstarting his new project the followup to the 'hit' series BLACK. It's called WHITE
Superhero Comic 'Black' Launching Follow-Up 'White'
The sequel to the acclaimed series puts a racist white president into a world where only black people have superpowers.
In what bizarro clown world is Bleck "acclaimed", because it's sure not this one.
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- Nov 6, 2018
I can't wait to read Kwanzer's new book! It has won awards and hasn't even been written or drawn yet. The might as well hand him an Eisner right fucking now.
Kwanzer is making 100k+ on his kickstarters. I say get that money honestly.
He's taking advantage of a market exactly like CG does.
Kwanzer may be a horses's ass but Ethan is the horses limp dick with no balls. Black AF, as shitty a comic as it is, actually came out.
Still waiting on middle aged boomer ninja frogs.
Kwanzer is making 100k+ on his kickstarters. I say get that money honestly.
He's taking advantage of a market exactly like CG does.
Kwanzer may be a horses's ass but Ethan is the horses limp dick with no balls. Black AF, as shitty a comic as it is, actually came out.
Still waiting on middle aged boomer ninja frogs.
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- Aug 7, 2018
Bit of a correction: the Americops from the Spencer Captain America run are actually flesh and blood human beings.
Coates introduced a completely separate group of robot versions of the Americops in the pages of his all black heroes book wrote, designed to replace the human Americops but the robot Americops went full tilt evil and had to be destroyed. Whereas the human Americops were not actually evil; just doing their job cleaning up crime filled neighborhoods (which is ironically, what Spencer himself wanted done when he briefly tried his hands at politics).
It should also be noted that it's been widely rumored that Spencer had to rewrite the entire Americops storyline due to the murder of two cops by a Black Lives Matters activist. There is a sudden break in the Americops storyline with a couple of solo issues focusing on the side characters midway through it, and the rest of the story explicitly goes out of it's way to paint Rage as an idiot martyring himself and the Americops in a slightly less evil light.
Also, Rage is basically alive and well these days having miraculously recovered from his coma and given a full pardon apparently, as he was running around in a Venom-Verse mini-series event.
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- Feb 5, 2018
Thanks for the update, I'm working off where I left off in late 2017
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- Aug 7, 2018
That's what always drives me up the wall about social commentary like this. It's usually centered solely around black Americans, uses old cliches, and usually is the product of a white guy fetishizing "The Black Experience™" or someone like Kwanza who sees dollar signs/has their own hang-ups.
I know the easy comeback is "Well, we're still oppressed!" but that doesn't explain the over-reliance on media tropes from the 60s and 70s. I wish McDuffie were still alive to comment on a bunch of the shit people make nowadays.
Sadly Dwayne never actually read Night Thrasher's solo book or even New Warriors in general, as the skateboard was rarely used and Fabian Niceiza explicitly wrote Night Thrasher as Black Batman, granted one where Lucius Fox killed his parents and Alfred was a Satanic Vietnamese female cultist who ordered his parents murdered because Thomas Wayne refused to breed with her daughter to produce a child that would be sacrificed to give her Godhood.
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- Feb 18, 2019
Yeah Fake Christmas, you sure baited Ya Boi into talking about your book. Masterful plan. Got him good
I think he also talked about your buddy Joe's kickstarter too. I'm sure that went well, let's take a look to be sure
www.kickstarter.com
...oh
I think he also talked about your buddy Joe's kickstarter too. I'm sure that went well, let's take a look to be sure
Acceptable Losses - Dark, Superhero Military Revenge Tale
A 32 page one-shot of a military superhero in a tale of greed, power, revenge and the never-ending cycle of violence
...oh
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- Jul 10, 2017
That's what always drives me up the wall about social commentary like this. It's usually centered solely around black Americans, uses old cliches, and usually is the product of a white guy fetishizing "The Black Experience™" or someone like Kwanza who sees dollar signs/has their own hang-ups.
I know the easy comeback is "Well, we're still oppressed!" but that doesn't explain the over-reliance on media tropes from the 60s and 70s. I wish McDuffie were still alive to comment on a bunch of the shit people make nowadays.
McDuffie was so great, and taken from us way to soon
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- Feb 23, 2019
Doug losing money with every backer he has.
verissimus
kiwifarms.net
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- Nov 3, 2018
That's...quite depressing.
- Joined
- Feb 18, 2019
Doug really went all in on the presentation. He knew he'd be taking a hit with the additions and he was warned against doing it by guys like EVS and the fans, but damn that international shipping is a bigger bitch than I thought. That said, it was really awesome of Doug and I appreciate the effort he's putting into the book(got me to chip in for the sketchbook), but it's cool if he goes a little cheaper on the next book. Wish Doug was a bit smarter with the money so this doesn't happen, but at least he's shown he's gonna give you a quality product at the end of the day
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- Feb 3, 2019
I've no problem sending Doug the extra cash to cover the shipping costs, I bought a 50 page cat spanker and I'm getting a near 100 page, cloth bound hardcover, foil stamped and embossed large format coffee table book in return. And that doesn't include things like the trading cards, bomber patch and video game etc.
It was absolute madness to promise all that, but Doug is an absolute mad lad. No seriously, I genuinely question his sanity.
He is in effect delivering what would be an 80-100 dollar ,limited, art-book collectors edition, for $25.
In future he should just put out a decent soft-cover graphic novel and limit the current production value to an appropriately priced tier.
I think Doug imagined that the real money to be made was in selling the IP through his Hollywood connections, but I fear that Doug hasn't factored in the climate change since 2016. As well connected as he may be, few would dare to touch a property associated with someone that vocal in their Christian viewpoint.
I remember reading movie reviews of Ender's Game when it came out and not one that I read failed to bring up the problematic views of the author on who's books it was based, Orson Scott Card, and the fact that he had been vocal in his opposition to gay marriage, despite that having nothing to do with the movie. It practically killed the film at the box-office.
If Doug is banking on Hollywood money he could be shit out of luck by mere virtue of his association with comicsgate alone.
I hope not, but be surprised if it wasn't the case. The reality is that today, properties aren't judged on their artistic merit alone (Captain Marvel reviews), you have to factor in the politics of all involved to ensure twitter doesn't burn your movie to the ground before it's even released.
It was absolute madness to promise all that, but Doug is an absolute mad lad. No seriously, I genuinely question his sanity.
He is in effect delivering what would be an 80-100 dollar ,limited, art-book collectors edition, for $25.
In future he should just put out a decent soft-cover graphic novel and limit the current production value to an appropriately priced tier.
I think Doug imagined that the real money to be made was in selling the IP through his Hollywood connections, but I fear that Doug hasn't factored in the climate change since 2016. As well connected as he may be, few would dare to touch a property associated with someone that vocal in their Christian viewpoint.
I remember reading movie reviews of Ender's Game when it came out and not one that I read failed to bring up the problematic views of the author on who's books it was based, Orson Scott Card, and the fact that he had been vocal in his opposition to gay marriage, despite that having nothing to do with the movie. It practically killed the film at the box-office.
If Doug is banking on Hollywood money he could be shit out of luck by mere virtue of his association with comicsgate alone.
I hope not, but be surprised if it wasn't the case. The reality is that today, properties aren't judged on their artistic merit alone (Captain Marvel reviews), you have to factor in the politics of all involved to ensure twitter doesn't burn your movie to the ground before it's even released.
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- May 20, 2016
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- Feb 5, 2018
IDW Media Holdings Investors Call for Sale of Company in Open Letter
Posted by Jude Terror March 5, 2019
It’s been an interesting year and a half for IDW Media Holdings, the parent company of IDW Publishing, the company which makes your favorite G.I. Joe, Transformers, and My Little Pony comics.
Just last week, we learned that Chairman and controlling stockholder Howard Jonas would replace a departing Kerry McCluggage CEO of IDW Media Holdings. McCluggage held the role since last July, when he replaced Ted Adams as Adams left for a sabbatical. Back in December, Chris Ryall returned to IDW Publishing to take over the triple role of Editor-in-Chief, Publisher, and President, replacing Greg Goldstein, who had taken on the role of Publisher in November 2018 after Ted Adams stepped down from that role. Ryall had previously left IDW back in March and in April joined Skybound. In August, Bleeding Cool reported that attorney Lisa Bloom would represent a former female IDW employee in a sexual harassment lawsuit against Goldstein. Also last week, we learned that IDW Senior Advisor Chris Fenton is suing DMG, the parent company of Valiant Entertainment. Meanwhile, Vice Chairman of the Board Stephen Brown has been charged by the the New York Attorney General as part of a fraud case against Cardis, a credit card payments company.
And now, ADW Capital Partners L.P., a hedge fund who hold 9% of IDW Media Holdings’ stock, have called for IDW Media Holdings to sell the company to a “strategic partner” in order to “maximize value of intellectual property.” The press release cites the acquisition of Millarworld by Netflix and Valiant Entertainment by DMG as examples of the kind of deal ADW believes IDW should make.
Below, see the open letter from ADW’s Adam Wyden sent to Jonas and the IDWM board:
Ethan just confirmed everything I've been screeching on about Andi Khouri:
Posted by Jude Terror March 5, 2019
It’s been an interesting year and a half for IDW Media Holdings, the parent company of IDW Publishing, the company which makes your favorite G.I. Joe, Transformers, and My Little Pony comics.
Just last week, we learned that Chairman and controlling stockholder Howard Jonas would replace a departing Kerry McCluggage CEO of IDW Media Holdings. McCluggage held the role since last July, when he replaced Ted Adams as Adams left for a sabbatical. Back in December, Chris Ryall returned to IDW Publishing to take over the triple role of Editor-in-Chief, Publisher, and President, replacing Greg Goldstein, who had taken on the role of Publisher in November 2018 after Ted Adams stepped down from that role. Ryall had previously left IDW back in March and in April joined Skybound. In August, Bleeding Cool reported that attorney Lisa Bloom would represent a former female IDW employee in a sexual harassment lawsuit against Goldstein. Also last week, we learned that IDW Senior Advisor Chris Fenton is suing DMG, the parent company of Valiant Entertainment. Meanwhile, Vice Chairman of the Board Stephen Brown has been charged by the the New York Attorney General as part of a fraud case against Cardis, a credit card payments company.
And now, ADW Capital Partners L.P., a hedge fund who hold 9% of IDW Media Holdings’ stock, have called for IDW Media Holdings to sell the company to a “strategic partner” in order to “maximize value of intellectual property.” The press release cites the acquisition of Millarworld by Netflix and Valiant Entertainment by DMG as examples of the kind of deal ADW believes IDW should make.
Below, see the open letter from ADW’s Adam Wyden sent to Jonas and the IDWM board:
March 5, 2019
IDW Media Holdings, Inc.
c/o Howard Jonas, Chairman and CEO
11 Largo Drive South
Stamford, CT 06907
Dear Board and Management of IDW Media Holdings, Inc. (OTCBB:IDWM)(OTCPK:IDWM),
I would like to begin by commending the Board on the Company’s recent changes to its executive management. Specifically, IDW Publishing’s hiring of Chris Ryall as President and Editor-In-Chief in our opinion was an excellent move and we believe Chris’ history with the Company and depth of relationships in entertainment and with creators will serve the Company extremely well.
Perhaps even equally important, we are incredibly excited about the Board’s decision to name Howard Jonas as CEO of the Company. As you know, ADW Capital and its affiliates have been long term shareholders of the Company since its original spin-off and were also extremely successful as shareholders in IDT Corporation. Howard Jonas’ experience in value creation through strategic sales of unique assets – Net2Phone to ATT, Fabrix to Ericsson, IDT Entertainment to Liberty/STARZ, and most recently its sale of Straight Path to Verizon — is borderline unprecedented and we believe it is an extremely valuable asset to this Company, which we believe is equally strategic and incredibly valuable.
Bill Gates and Sumner Redstone are famous for a number of things but few know that they are credited with the statement, “Content is King”. We believe those words have been never truer than today. Disney’s decision to pull its content from Netflix was akin to Princip’s shot of Archduke Franz Ferdinand that thrust the globe into its first world war. We believe this “Content War” is in the early innings and see the likes of Disney/Hulu, Apple, Google, Amazon, Netflix, TimeWarner/DC, and others trying to vie for its supremacy in the over-the-top subscription space race. As the “cord gets cut”, the distribution (OTTs) needs to justify why the consumer should subscribe to one service vs. the other – they can’t subscribe to all of them. In our mind, the only way these distribution companies can differentiate themselves is access to exclusive content.
IDW is the only publicly traded pureplay IP/content company in the market place today that we are aware of. The Company is in an enviable position as the fourth largest comic book publisher by dollar share. We are consistently amazed by the quality of the Company’s leadership and its ability to source, incubate, and add to its growing library of content/intellectual property. We believe the creative talent, ingenuity of management, and library of content would be invaluable to many large-scale players who are starved for new funnels of content on their growing distribution platforms in this emerging “content war”. It is our understanding that IDW Publishing owns/co-owns over 200 IP assets / franchises, over 1,000 characters, and is creating over 20 new pieces of content / “storylines” per year. From our research, there are no other independent content “landbanks” that are growing their IP portfolio and have also successfully taken 5 shows and a movie to market. Wynonna Earp recently received a People’s Choice Award and was recently renewed for a 4th and 5th season by SyFY. More recently, Netflix executed on a three show straight-to-series deal for Locke & Key, October Faction, and V-Wars which are slated to air over the next twelve months. It is our understanding that the Company’s development pipeline is robust and the market’s demand for IDW’s content has never been greater.
So what are the challenges?
Independent content companies are like biotech firms or “landbanks”. Often times, they have the skill, expertise, and understanding of what the market wants/demands but are unable to successfully take these assets to an “income producing” state. The reasons maybe personnel/operational resources, access to the right cost of capital, and/or experience. We believe IDW has struggled to financially monetize its content for all the above reasons. Large studios / distributors are at an implicit advantage as they have monthly subscription fees and fully depreciated content portfolios that are earning them royalties / cash-flow to facilitate the development of new TV and movies and manage working capital swings. These companies also have large in-house production teams and a balance sheet that allows them to retain 100 percent of the economics of a production and eliminate frictional costs like special purpose production financing and other fringe costs.
But what it does not mean is that our content is any less valuable. It simply means our Company does not have the resources / the right cost of capital to BEST monetize its large and growing IP/content portfolio. Summarized below is our “Sum-Of-The Parts” analysis / valuation of the Company’s assets today.
As evidenced above, we believe the intrinsic value of the Company’s assets is far higher than the Company’s trading price would indicate. We believe the market is discounting the Company’s ability to financially monetize its IP portfolio given its lack of scale, operational resources, balance sheet, and/or willingness to monetize the Company through a sale.
In a 12/21/2018 press release, IDW mentioned “anticipating the need to raise future funding through a capital raise to existing stockholders”. Our firm would be supportive of such a “rights offering” if the Company made a public commitment to “dollar defined” expense management / cost reduction, ceased its “deficit financed” TV business (after fulfilling its existing obligations), and adopted a license/option model where the Company does not control production but retains ancillaries like video games, merchandise, etc. which generate large margins and require little capital It is our understanding that companies like Valiant Entertainment, Skybound, etc. have sought to monetize their content in these far less capital-intensive ways.
It should also not be lost on management / the Board that control premiums in the marketplace for portfolios of content are at record highs. There have also been two recent comic book content transactions. It is our opinion that those library assets were far smaller than IDW’s and were not really creating/sourcing new content. The two transactions we note are Netflix recently acquiring Millarworld and DMG’s acquisition of Valiant Comics – both we believe are nine figure transactions. We think the Company could structure a stock-for-stock transaction with a larger public company that would allow current shareholders to receive an even higher premium for their stock than if the consideration was paid solely in cash, while allowing shareholders the option to participate in the value and synergy IDW should add to the new platform — just like what happened when Verizon acquired Straight Path.
I am asking management to do the right thing for all stakeholders today and publicly announce a strategic alternatives process and its engagement of a major investment bank. By seeking a strategic partner at this stage in the game, it should ensure that the Company can grow significantly without many of the competitive / cost of capital risks of staying a small and independent public company.
ADW Capital Partners, L.P. and its affiliates hold just over 9 percent of the Company’s shares and urge the board to take our recommendations seriously. I look forward to hearing your response.
Sincerely yours,
Adam D. Wyden
Managing Member of ADW Capital Partners, L.P.
Ethan just confirmed everything I've been screeching on about Andi Khouri:
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- Joined
- Feb 15, 2015
People in Hollywood have known exactly what Doug TenNapel is like for the longest time.
- Joined
- Feb 23, 2019
new murdoch video where he visits a comic shop. (the Asians invade the US and take over between clips)
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