|Valiant once had some of the best-known comic artists. (Valiant Entertainment)|
Valiant Comics coming back soon
PHILADELPHIA — Valiant Comics will return to shops in 2012. The company that owns it and its stable of 1,500 characters has named a new chairman and expanded its management team.
Valiant Entertainment, based in New York, said Marvel’s former chief executive, Peter Cuneo, was named chairman of the company, which has received an infusion of capital from Cuneo & Co., an investment firm.
Gavin Cuneo, of Cuneo & Co., was named to Valiant’s board.
“Peter’s decade of leadership at Marvel, Gavin’s decade of experience on Wall Street, and their highly active roles with Valiant will be integral to our expansion,’’ company cofounder Jason Kothari said.
Valiant was founded in 1989 by Jim Shooter, a former editor in chief at Marvel Comics, and was home to several of the industry’s best-known writers and artists. In its heyday, Valiant sold 80 million comics with characters like X-O Manowar and Ninjak. It was later acquired by video game maker Acclaim, which used the characters for its games before it went out of business in 2005.
“We have been planning the reintroduction of the Valiant titles for some time , and I’m excited to announce our scheduled launch for 2012,’’ said cofounder Dinesh Shamdasani.