Archaia Gets Investors
Published: 03/21/2011 03:04am
Comic publisher Archaia Entertainment has raised capital from a group of investors with Chicago ties, according to Crain’s Chicago Business. The group includes attorney Jack Cummins, who owns the Chicago Red Stars in the Women’s Professional Soccer League; New York venture capitalist Allan Grafman, who’s served on the board of Archie
Comics and Tribute Company; former Chicago resident Steven Scott, former CEO of American Physicians; and Todd Helmink of Allscripts Misys Healthcare.
Archaia CEO P.J. Bickett explained the planned uses of the raise. “It’s going to allow us to build our digital presence and take steps to develop our own intellectual properties,” he said. The company expects to have sales of $11 million in 2011.
|Confessions of a Comic Book Guy--Step 1: Make an Effort|
|DVD Round-Up: 'Arrow,' 'Big Bang,' 'Godzilla,' 'Grimm,' & 'XIII'|
|Rolling for Initiative--'Con In Your Store' and the Travails of Games Workshop|
|Confessions of a Comic Book Guy--Variations on a Theme|
|Three New Books for the Business-Inclined Fan|
|Jay Bardyla of Happy Harbor Comics on Darwyn Cooke Variants|
|Marcus King of Games & Comics on Games Workshop|
|Jim Crocker of Modern Myths on Darwyn Cooke Variants|
|Jim Crocker of Modern Myths on 'Darwynian Selection'|
|Rod Lambertifo of Rodman Comics on WizKids' 'Con In Your Store' Promotion|
|Exclusive 'Justice League' Animated Series
On MachinimaMachinima has rights to Justice League: Gods and Monsters Chronicles.