POW Entertainment, Inc.
Symbol OTCPK: POWN
Industry: Entertainment
Shares Outstanding: 103,728,761
Float (Estimate): 8,000,000
Current Price: $0.32
SPIDER-MAN™ CO-CREATOR STAN LEE LAUNCHES POW! ENTERTAINMENT
Stan Lee, former Editor-In-Chief and Chairman of the Board of Marvel Comics (NYSE: MVL) founded POW! Entertainment, Inc. After years of working exclusively for Marvel Comics, the creative genius behind so many of the characters that are now icons of the entertainment industry is doing it on his own terms. Lee’s new company POWN is the feature of this report #228.
ABOUT STAN LEE
Stan Lee, founder, Chairman, and CCO of POWN, is credited with co-creating many of the world’s best known superheroes including Spider-Man™, X-Men™, The Hulk™, Silver Surfer™ and hundreds of others. Stan Lee is truly a global icon whose name is on a body of work encompassing over 2 billion books and comic books. Recently, Lee was expressly recognized by the U.S. District court when it ruled that he is entitled to 10% of all Marvel’s profits in movies and television. While POWN does not profit by that lawsuit, it certainly profits from the great recognition of its icon.
Stan Lee is credited with building Marvel into a media powerhouse during his 40 year tenure with the company. Marvel Enterprises reported gross revenues of $347 million in 2003 and projects revenues of over $420 million for 2004.
RECENT NEWS RELEASES
1/27/2005—(Business Wire)–Stan Lee, Co-Creator of Spider-Man, Triumphs in Claim Against Marvel Enterprises, Inc. and Marvel Characters, Inc.
1/26/2005—(PRNewswire via Comtex) – Stan Lee’s POW! Entertainment (OTCPK: POWN) has forged a joint venture partnership with Ringo Starr to create and launch an original entertainment franchise.
1/18/2005—(Business Wire)—Stan Lee’s POW! Entertainment partners with Vidiator™ to develop and license exclusive live-action content for mobile devices using Vidiator’s real-time streaming solution.
POWN CORPORATE SNAPSHOT
POW Entertainment, Inc. (OTCPK: POWN) is a Delaware corporation headquartered in Beverly Hills, CA. Founded on November 8, 2001 POWN began trading publicly in May 2004, and specializes in the creation and licensing of intellectual property for feature films, live action animation, television, video games, merchandising, and related ancillary products.
CORPORATE STRATEGY
POWN’s strategy is to leverage creative output of Stan Lee and its core team of writers while limiting POWN’s overhead. POWN will do this by outsourcing and working with larger entities that will finance and undertake the labor-intensive aspects of producing entertainment projects. Currently, POWN’s activities include creating project concepts, finding partners willing to participate in and/or finance their development, finding the proper writers to write scripts, and negotiating agreements to produce projects.
INVESTMENT CONSIDERATIONS
POWN founders Stan Lee with Gill Champion and Arthur Lieberman have a proven track record with 90 years experience in the industry.
POWN intends to partner with third parties for financing to keep overhead minimal.
POWN has already established relationships with, MGM, IDT, Sci-Fi Channel, MTV, Spike TV, and many other studios and networks.
POWN currently has over 40 projects in development.
From one character alone, millions in sales can be generated from many arenas including movies, television, DVD’s, video games, toys, clothing, etc…
Visit POWN’s Website: http://www.powentertainment.com
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