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• Jan 29, 2018  DMG Entertainment and its founder/CEO Dan Mintz moved to take total control of comics' third-largest superhero universe, Valiant Entertainment, in a move likely to reverberate on two continents.
• In 2018, Dan Mintz’s DMG Entertainment acquired the comic book company and recently finished production on their first Valiant film, “Bloodshot,” starring actors Vin Diesel, Guy Pearce.

DMG Entertainment and its founder/CEO Dan Mintz moved to take total control of comics' third-largest superhero universe, Valiant Entertainment, in a move likely to reverberate on two continents.

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DMG Entertainment is a Chinese media and entertainment company with holdings and operations across motion pictures, television, comic book publishing, gaming, next-gen technology and location-based entertainment. The studio's most recognizable films include Looper (2012) and Iron Man 3 (2013).

History[edit]

DMG Entertainment began as a film production company that was founded by Dan Mintz, Bing Wu, and Peter Xiao.^[1] In the late 2000s, DMG began distribution of non-Chinese films in Chinese theaters, including Twilight and Knowing.^[2]

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Film production was added to DMG's portfolio in 2009, and its first production was The Founding of a Republic (2009). DMG also contributed to the productions of Looper (2012) and Iron Man 3 (2013) and distributed the films in theaters in China.^[1] DMG became involved with Looper as Endgame Entertainment's Chinese partner. After the companies closed the deal in January 2011, changes to film production included casting Chinese actress Summer Qing and setting part of the film in Shanghai. DMG's involvement allowed it to distribute the film in China at the same time as its international premiere, where there was usually 'a blackout period' before non-Chinese films could be screened in China.^[3] While Chinese regulators did not grant Looper official co-production status, DMG's involvement with Looper as a Chinese company permitted its distribution of the film. Variety reported, 'That means that the film could be considered domestically Chinese, which can provide the same benefits as a co-production.'^[4]

DMG also contributed as a production partner for Marvel Studios' Iron Man 3, though Disney and DMG withdrew plans to apply for official co-production status in China. Despite the withdrawal, DMG's involvement resulted in inclusion of various Chinese elements such as the casting of Chinese actor Wang Xueqi and footage shot in Beijing. The companies also edited a different version of Iron Man 3 to be distributed in China. The version included a scene with actor Fan Bingbing and 'bonus footage specifically for Chinese viewers'.^[4]

Variety reported that the company benefited from 'strong connections' with Chinese government officials and the state-run film enterprise China Film Group. The trade paper said, 'The journeys of 'Looper' and 'Iron Man 3' were not exactly smooth, with questions over whether they would qualify as co-productions, which enjoy vital benefits in distribution, immunity from blackout periods and a far greater revenue share.' Mintz said DMG's involvement with the films has helped validate its approach to the Chinese film market.^[1] It was announced January 29 2018 that DMG fully acquired the comic publisher Valiant Entertainment, which it previously held 57% ownership. DMG had a deal with Valiant to produce five movies based on Bloodshot and Harbinger. Upon acquiring the whole of Valiant, DMG forced founding President and CEO Dinesh Shamdasani out of the company.^[5]

Filmography[edit]

• Twilight (2008) – theatrical distribution (China)
• The Founding of a Republic (2009) – co-production
• Knowing (2009) – theatrical distribution (China)
• Go Lala Go! (2010) – co-production
• Killers (2010) – theatrical distribution (China)
• RED (2010) – theatrical distribution (China)
• Resident Evil: Afterlife (2011) – theatrical distribution (China)
• The Eagle (2011) – theatrical distribution (China)
• Beginning of the Great Revival (2011) – co-production
• Love You You (2011) – co-production
• Priest (2011) – theatrical distribution (China)
• Repeat I Love You (2012) – co-production
• Looper (2012) – co-production, theatrical distribution (China)
• Iron Man 3 (2013) – co-production
• No Man's Land (2013) – co-production
• Transcendence (2014) – co-production, theatrical distribution (China)
• Point Break (2015) – co-production, theatrical distribution (China)
• Collide (2015) – co-production
• Terminator 2 3D (2016) – theatrical distribution (China)^[6]
• Blockers (2018) – co-production^[7]

References[edit]

1. ^ ^abcCoonan, Clifford (June 5, 2013). 'DMG's Dan Mintz: Hollywood's Man in China'. Variety. Retrieved August 1, 2013.
2. ^Staff (November 30, 2010). 'Resident Evil: Afterlife--China's No.1 3D film at box office'. China.org.cn. China Internet Information Center. Retrieved August 1, 2013.
3. ^Goldstein, Gregg (October 6, 2012). 'China partner helps 'Looper' win big'. Variety. Retrieved August 1, 2013.
4. ^ ^abGraser, Marc (March 29, 2013). 'China Gets Own Version of 'Iron Man 3′'. Variety. Retrieved August 1, 2013.
5. ^'Comic Book Shake-Up: DMG Entertainment Acquires Valiant (Exclusive)'. The Hollywood Reporter. Retrieved 2018-01-29.
6. ^'James Cameron, DMG Partner for 'Terminator 2' 3D Rerelease Targeting China (Exclusive)'. The Hollywood Reporter. Retrieved 2017-03-17.
7. ^'Leslie Mann, John Cena, Ike Barinholtz to Star in Comedy 'The Pact' (Exclusive)'. Variety. Retrieved 2017-04-25.

External links[edit]

Film producer Dan Mintz, co-founder of the production company DMG Entertainment, announced today they have acquired Valiant Comics and its parent company Valiant Entertainment. DMG, which was already Valiant’s primary shareholder, are seeking to expand the company’s film and TV projects, and are “looking forward to bringing the writers close to the filmmaking process, which is something that is also important, and not keeping them siloed into the comic book area.”

According to Newsarama, Dinesh Shamdasani, who has been Valiant’s CEO since he and Jason Kothari revived the company in 2012, will step down from his position, but will remain as a consultant. Chief creative officer Gavin Cuneo is also stepping down to remain a consultant, while Chairman Peter Cuneo is fully leaving the company. Publisher Fred Pierce and Editor-In-Chief Warren Simons will remain, and Valiant shall remain based in New York City.

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Here’s the press release, which includes the announcement DMG, Valiant and the CW are teaming up for a Dr. Mirage series. Deadline have subsequently learned the project is being written and executive produced by Gary Dauberman (Annabelle).

Filmmaker Dan Mintz Acquires Valiant Entertainment — The World’s Largest Independently Owned Library of Comic Book-Based IP
Mintz to Integrate Award-Winning Intellectual Properties into the Vast Resources of His Beverly Hills-Based DMG Entertainment, Providing Capital and Filmmaking Expertise to Create the Ultimate in Global Cinematic Franchises

(Beverly Hills, CA, January 29) – Filmmaker and DMG Entertainment Founder Dan Mintz announced today that the company has acquired Valiant Entertainment, the third largest universe of superhero characters in entertainment, sitting alongside Warner Bros.’ DC Comics and Disney’s Marvel.

Mintz has held a significant stake in Valiant since 2014. By taking complete ownership of Valiant’s library of over 2,000 characters, including X-O Manowar, Bloodshot, Harbinger, Shadowman, Archer & Armstrong, Ninjak, Faith and more, Mintz looks to further secure his filmmaker-run studio with a treasure trove of world-class intellectual properties and establish DMG as one of the most valuable and innovative media companies in Hollywood.

“I’ve been greatly impressed with Dan’s filmmaking expertise, his ability to monetize global markets, and his willingness to invest his own capital,” says Neal Moritz. “I look forward to working with him as we bring Valiant’s incredible IP to the screen.”

Valiant’s well-earned reputation as an influential, story-centric force in comic book publishing with one of the most impressive rosters of creative talent in the industry will be substantially broadened by DMG. DMG’s expertise in monetizing the global marketplace positions Valiant not only in the cinematic and publishing landscape, but far beyond, increasing the emotional touchpoints of Valiant’s A-list IP to an exponentially growing audience.

“Our priority is to build upon Valiant’s vast universe of characters from a filmmaker’s perspective,” says Mintz. “I’m excited to immerse Valiant’s fans well beyond the stories we tell cinematically – from publishing to gaming to theme parks and beyond.”

“As one of the most coveted and critically acclaimed contemporary libraries in the comic book medium, Valiant is poised to emerge as the global leader in multi-platform content under Mintz’s creative vision,” said Valiant Chairman Peter Cuneo.

Current Valiant movie and television projects in development include the previously announced Bloodshot and Harbinger feature films from Sony Pictures, to be produced in partnership with Original Film; the television show Quantum and Woody, produced in partnership with the Russo Brothers’ Getaway Productions; and a Dr. Mirage television series with CBS Studios and The CW Network. Additional feature film projects, including Shadowman, Archer & Armstrong, Eternal Warrior, X-O Manowar and others yet to be disclosed publicly, are also well underway.

The Valiant acquisition is the latest in a string of high-profile strategic moves from Mintz and DMG, the global entertainment powerhouse valued at more than $6 billion. In addition, the company has continued to expand its purview with new initiatives in intellectual property, virtual reality, e-sports and live attractions based on top-tier global franchises, including Hasbro’s Transformers.

Dan Mintz Dmg Entertainment Center

Mintz has a strong track record when it comes to producing and financing global IP, including Marvel Studios’ Iron Man 3 and the acclaimed sci-fi thriller Looper. Additionally, DMG has produced numerous major motion pictures, including its recent partnership with James Cameron and Studio Canal to reimagine Terminator 2 in 3-D for global theatrical release. DMG’s upcoming feature films include Chappaquiddick, starring Jason Clarke and Kate Mara, and Blockers, starring Leslie Mann and John Cena; both films will hit screens worldwide in 2018.

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