WOWIO Acquires DrunkDuck -- The Leading Online Community of Webcomic Readers, Creators and Enthusiasts
08 Junio 2010 - 6:00AM
Business Wire
WOWIO, Inc., an established market leader with an online
destination (www.wowio.com) that provides access to rich digital
media content and eBooks, today announced the acquisition of
leading webcomics community DrunkDuck from Platinum Studios.
Following last week’s acquisition of social networking site WEvolt,
the acquisition of DrunkDuck will expand WOWIO’s existing library
of content available for viewing, as well as broaden the site’s
user base through its 95,000 community members.
“We have been exploring ways to enhance our consumer experience
with additional and relevant content,” said Brian Altounian, CEO
and President of WOWIO. “This acquisition provides advertisers with
additional avenues to brand an even broader range of content and
publishers with a new and growing digital distribution
platform.”
DrunkDuck maintains one of the leading webcomics communities,
where creators are able to post comics and interact with their fans
daily on forums to discuss the latest news, releases, content and
even collaborate on ideas. WOWIO purchased DrunkDuck from Platinum
Studios (OTCBB:PDOS), an entertainment company that controls a
large international library of comic book characters. Platinum
continues to focus on film and television projects such as the
just-completed, self-financed DYLAN DOG: DEAD OF NIGHT film and the
upcoming COWBOYS & ALIENS feature film project with DreamWorks,
Imagine Entertainment and Universal, set to begin production this
month. The graphic novel of COWBOYS & ALIENS is currently
available for free download on WOWIO.
“DrunkDuck’s primary goal has always been to provide the
community with the content and tools they need to create the
stories they want to tell,” said Scott Rosenberg, Platinum Studios’
Chairman and CEO. “WOWIO shared our original vision and will now
provide a platform to continue to grow the community and strengthen
the DrunkDuck brand. We couldn’t have asked for a better
opportunity and are thrilled that DrunkDuck is now going to be an
official part of the WOWIO family.”
“The DrunkDuck site, community and existing library of content
will remain unchanged,” added Altounian. “Fans, publishers and
advertisers will be pleased to know that it will be business as
usual for DrunkDuck as well as WOWIO, and with our recent
integration plans with WEvolt, we are unifying known entities and
melding them into one superior comic and eBook destination.”
About WOWIO
WOWIO is an online destination that provides users with the
opportunity to share and consume digital media content, such as
eComics and eBooks, while providing revenue generating
opportunities for creators and publishers through advertising and
merchandising programs. WOWIO, Inc. is an Alliance Acquisitions,
Inc. portfolio company headquartered in Los Angeles,
California.
About DrunkDuck
DrunkDuck is a website that provides free hosting services for
webcomic creators. Founded in 2002 by Dylan Squires, it has evolved
into one of the largest online webcomic communities with over
24,000 comic strips and stories. In addition to free hosting,
DrunkDuck also provides free message boards and forums, tutorials,
games, and a variety of customization tools for its members, as
well as a user rating system that allows for feedback and ranking
of its webcomics.
About Platinum Studios, Inc.
Platinum Studios (OTCBB:PDOS) is an entertainment company that
controls an international library of comic book characters from all
over the world, which it adapts, produces and licenses for all
forms of media including print, film, online, mobile / wireless,
gaming, and merchandising.
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Although expected, actual results, performance or achievements
could differ materially from those contemplated, expressed or
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