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IDW Reports Fourth Quarter and Full Fiscal Year 2019 Results

Fourth Quarter Revenue Surges on Deliveries of “V Wars” and “October Faction” to Netflix

NEWARK, NJ AND LOS ANGELES, CA / January 23, 2020 / IDW Media Holdings, Inc. (OTC PINK: IDWM), an integrated media company, today reported a fourth quarter net loss per share of $2.29 on revenue of $33.9 million and a full fiscal year net loss per share of $3.90 on revenue of $62.6 million for the three months and twelve months ended October 31, 2019, respectively.

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IDW Entertainment IDW Media Holdings IDW Publishing Press Release San Diego Comic Art Gallery Top Shelf Top Shelf Productions

IDW Positioned for Exciting 2020 after a Momentous 2019

LOS ANGELES, CA and SAN DIEGO, CA – December 26 2019:  IDW Media Holdings, Inc., (OTCPINK: IDWM), an integrated media company, is wrapping up a 2019 loaded with significant accomplishments and is prepared for a transformative 2020.

“IDW made great progress in the past year and will be serving up a feast for readers and viewers in 2020,” said IDW’s Chairman and CEO, Howard Jonas.  “Across the company, we are working with renowned creators to bring compelling characters and their stories to entertain audiences globally.”   

IDW Entertainment (IDWE) has four series airing in December or scheduled for launch in 2020:

 

  • “V Wars,” IDWE’s vampire thriller, debuted on Netflix on December 5th.  The binge-worthy series with a 10-episode first season, stars Ian Somerhalder and was produced by High Park Entertainment in Toronto (CA).  The series is based upon Jonathan Maberry’s IDW Publishing comic book series. After release, “V Wars” rocketed to the top of Netflix’s trending and most popular lists.

 

  • “October Faction” premieres on Netflix January 23rd. The much-anticipated show is based on the IDW Publishing comics of Steve Niles and Damien Worm as adapted by showrunner Damian Kindler and is also produced by High Park Entertainment. The series, starring Tamara Taylor and J.C. MacKenzie, chronicles the veteran monster-hunting couple Fred and Deloris Allen and their teenage twins – who move to a small town in upstate New York in a spectacularly unsuccessful attempt to bury their past.

 

  • “Locke & Key” premieres on Netflix on February 7th.  The show is based on the critically acclaimed hit graphic novels of Joe Hill and Gabe Rodriguez, also published by IDW.  After their father is murdered, three Locke family siblings return to their ancestral home, Keyhouse Manor, and to its keys that access other fearsome dimensions.

 

  • Season 4 (S4) of “Wynonna Earp” is now in production.  Thanks to energetic and tireless lobbying by its enthusiastic fans, the gun-slinging great-great-granddaughter of Wyatt Earp will continue bringing paranormal demons to justice. The show, created by Emily Andras and starring Melanie Scrofano, is based on the IDW comics of Beau Smith. S4 is coming to the small screen through a partnership of IDW with Syfy, Space and Seven24 Films. The initial S4 episode could air on Syfy as early as this summer.

IDW Publishing (IDWP) comics and graphic novels continue to break new ground:

“They Called Us Enemy” (TCUE) has been named the best graphic novel of 2019 by the Publisher’s Weekly Critics Poll.  In TCUE, actor and activist George Takei chronicles his family’s imprisonment in U.S. internment camps during WWII.

TCUE has been lauded as a ‘Best Book of the Year’ by:

  • Amazon 
  • The New York Public Library 
  • The School Library Journal 
  • Publishers Weekly 
  • Kirkus Reviews 

In June of 2020, IDWP plans to release TCUE in Spanish.  “It’s been my life’s mission to tell the story of the cruel and unjust incarceration of Japanese Americans during World War II,” Mr. Takei said in a recent speech to educators.  “I am thrilled to make the story accessible to a community that right now—today—is facing attacks that are all too familiar. This [Spanish language] edition is especially meaningful to me since I was raised in the Spanish-speaking community of East L.A., which welcomed my family after four years of imprisonment.”

The Spanish-language edition of TCUE is only the first book in a multi-phase, multi-title program to release fan-favorite graphic novels in Spanish language to the North American readers for the first time in the company’s history.

In December, IDWP released its 100th edition of the beloved “Teenage Mutant Ninja Turtles” comic.  The Company has been publishing the franchise for eight years, though its roots go back to its founding by Kevin Eastman and Peter Laird in the 1980s. The current series, a collaborative effort led by Eastman and Tom Walz, has seen the teenage reptiles evolve and adapt while continuing to connect with fans around the world.  

IDWP released the first edition of “Dying is Easy” in December. “DiE” is a ground-breaking mini-series by New York Times best-selling author Joe Hill (also of “Locke & Key” fame) and co-creator/artist Martin Simmonds.  The first edition introduces Syd Homes – a disgraced ex-cop and darkly bitter stand-up comic who quickly finds himself on the wrong side of the law.

IDWP also proudly launched “Wellington,” a new comics series of the fictional adventures of an historical figure, Arthur Wellesley, 1st Duke of Wellington and twice British Prime Minister, as he hunts down the demons wreaking havoc in 19th-century England.  “Wellington” is a spinoff of “Lore,” a hugely successful IDWP series created by Aaron Mahnke.  For “Wellington”, Mahnke collaborates with sci-fi and fantasy author and comics creator Delilah S. Dawson.

Coming in 2020 from IDWP — a graphic serial adaptation of the best-selling ‘Sleeping Beauties’ a terrifying, cautionary novel by Stephen King and his son, Owen King.  Novelist Rio Youers and artist Alison Sampson collaborate to produce this spectacular ten-part series.

Also slated for release in 2020: New Yorker Cartoonist Shannon Wheeler’s graphic novel adaptation of “The Mueller Report.”  The book transforms the dry language of the original report into a creative, sometimes comic, and always insightful re-imagining.  

“IDW Publishing is well-poised to enter its twenty-first year with its most diverse slate of content ever,” said Chris Ryall,” IDW Publishing’s President & Publisher/Chief Creative Officer. “And beyond developing new editorial directives to better suit the ever-changing needs of the publishing world, we have spent considerable time leading up to 2020 in identifying and cultivating new audiences, additional markets, and interesting new channels of distribution, too. We are very excited about expanding our mission of creating, marketing, and releasing captivating new comics and graphic novels to the world.” 

 


All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate,” “target” and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks, and should be consulted along with this release. To the extent permitted under applicable law, we assume no obligation to update any forward-looking statements.

 

About IDW Media Holdings:

IDW Media Holdings, Inc. (OTCPINK: IDWM) is an integrated media company.  IDW’s businesses include IDW Publishing – a leading American publisher of comic books and graphic novels, IDW Entertainment – a producer and distributor of franchise content through television and other media, and CTM Media Group – one of North America’s largest distributors of information for tourists and travelers.

 

Investor Contact: 

IDW
Ezra Rosensaft, Chief Financial Officer
ezra@idwmh.com

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IDW Media Holdings to Present at the Sidoti & Company Fall 2016 Emerging Growth Convention

Fully Integrated Media Company, including comic books, television shows, board games, and distribution of tourist information, are all part of the growing company to present on November 1, 2016

 

SAN DIEGO, CA / ACCESSWIRE / October 26, 2016 / IDW Media Holdings, Inc. (OTC: IDWM), the company that includes IDW Publishing, the award-winning comic book and graphic novel publisher in both print and digital platforms including online, mobile and emerging technologies, with prominent and respected television shows through IDW Entertainment, tabletop board and card games through IDW Games, high-end print collectibles with IDW Limited, and distribution of tourism information through CTM, today announced that Ted Adams, Chief Executive Officer and Les Rozner, Chief Financial Officer, will present at the Sidoti & Company Fall 2016 Emerging Growth Convention in New York City.

Event: Sidoti & Company Fall 2016 Emerging Growth Convention

When:  Tuesday, November 1, 2016

Where: New York Marriott Marquis – 5th Floor

1535 Broadway, New York, NY 10036  

The company is scheduled to deliver a presentation on Track 2 at 2:25pm EST. Investors interested in attending and scheduling a one-on-one meeting with management should click the link https://www.meetmax.com/sched/event_38449/investor_reg_new.html?attendee_role_id=INVESTOR

For general information about the event, please visit the conference website below:
http://www.meetmax.com/sched/event_38449/~public/conference_home.html

Updated November 1, 2016

The company’s presentation will be available for the public to access via its corporate website: idwmediaholdings.com or Webcast Registration Link: http://wsw.com/webcast/sidotico2/idwm

This webcast will be archived for 90 days following the live presentation.

More information about IDW Media Holdings can be found on the About page of this website.


 

About the Sidoti & Company Emerging Growth Convention: The Sidoti & Company Fall 2016 Emerging Growth Convention will focus on companies with market capitalizations of $600 million and less, connecting their executive management teams with institutional and high-net-worth investors while building interest and visibility into the most overlooked, undervalued segment of the equity market.

About Sidoti & Company, LLC: Sidoti & Company, founded in 1999, is Wall Street’s preeminent provider of equity research generally focused on companies with market capitalizations of under $3 billion. Sidoti & Company’s approach affords institutional investor clients a combination of high-quality research of over 250 companies, a small- and micro-cap company focused nationwide sales effort, broad access to corporate management teams, and extensive trading support. Sidoti & Company serves nearly 500 institutional clients in the U.S., Canada, and the U.K., including many leading managers of portfolios with $200 million to $2 billion of assets. They also host a biannual Emerging Growth Convention in New York, and are a provider of company sponsored research. For more information, please refer to Sidoti & Company


About IDW Media Holdings

IDW Media Holdings, Inc. (OTC: IDWM) is a fully integrated media company, which includes publishing, games, entertainment, and the San Diego Comic Art Gallery.  IDW Publishing’s comic book and graphic novel catalog includes some of the world’s most popular entertainment brands including TransformersMy Little PonyStar TrekTeenage Mutant Ninja TurtlesGhostbusters, and Disney’s classic characters. At IDW’s core is its commitment to creator-owned comics including 30 Days of NightLocke & Key, Wormwood, RagnarökV-Wars, and Archangel. The acclaimed and award-winning imprints; Top Shelf, The Library of American Comics, Yoe! Books, March and Artist Editions, showcasing the greatest original art ever published in American comic books.

IDW Games’ diverse line-up includes the international phenomenon Machi Koro, as well as hit licensed games such as X-FilesBack to the FutureThe Godfather, and TMNT.

IDW Entertainment currently serves as the worldwide distributor of Wynonna Earp airing on the Syfy Channel in the U.S. and is producing BBC America’s Dirk Gently, based the best seller by Douglas Adams starring Elijah Wood and Sam Barnett, and Brooklyn Animal Control for USA Network.

CTM Media Group Inc. a subsidiary of IDW Media Holdings is one of North America’s largest distributors of tourism information distributing over 100 million brochures last year.

For all media inquiries, please contact:

MEDIA CONTACT – Steven Scott
steven@idwpublishing.com
858-270-1315; 2139

All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate,” “target” and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks, and should be consulted along with this release. To the extent permitted under applicable law, we assume no obligation to update any forward-looking statements.

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San Diego Comic Art Gallery

The New York Times Paid The San Diego Comic Art Gallery A Visit

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Our friends at The New York Times recently swung by the San Diego Comic Art Gallery here at Liberty Station and published a piece about the experience. Currently on exhibit is Jack Kirby’s “Lord of Light” show which is spotlighted in the piece, as is Teenage Mutant Ninja Turtles co-creator Kevin Eastman’s studio with an assortment of memorabilia on display. Both Eastman and IDW’s CEO and publisher Ted Adams spoke to the Times about what the gallery offers, with Adams stating, “we wanted a place year-round where people could celebrate comic art.”

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The New York Times features the San Diego Comic Art GalleryYou can read the full NYT piece online here.

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San Diego Comic Art Gallery

Renowned Publisher Comes To San Diego’s NTC Arts & Culture District

IDW Publishing is pleased to announce the relocation of their headquarters due to business expansion, in June 2015, as well as the opening of a groundbreaking new comic art gallery. The new offices and gallery will be located in former Navy barracks within the historic NTC in Liberty Station, which is nestled in the Point Loma community of San Diego.

The San Diego Comic Art Gallery will be a unique, new and dynamic space located within the IDW offices, designed to educate and engage the local San Diego community and the region of Southern California with the sequential comic book and graphic arts. The SDCAG will create a permanent home in San Diego as a showcase for this celebrated art form; already so pervasive in pop culture, thanks to the meteoric success of comic-based films, television and entertainment, and already so associated with the San Diego area, thanks to Comic-Con International. With a retail space, a gallery of original art from comics and animation, and actual working artists on the premises, the SDCAG is an entirely new kind of venture. Harry L. Katz, former Head Curator in the Prints and Photographs Division at the Library of Congress, has been named the curator of SDCAG.

Through events, author and artist appearances, art installations and celebrations, the SDCAG will become a destination to worldwide fans of the medium, and cement San Diego’s status as a Capital of the comic arts, while becoming an integral part of the immediate community. The first installation will be an extensive showcase of the work of Kevin Eastman, co-creator of the Teenage Mutant Ninja Turtles, and local San Diego resident.

We’ve been looking to make a move for a while. We’ve been expanding rapidly, and simply have run out of room. At the same time, we’ve been looking for a space that more accurately reflects who we are as a company. When we started talking with the NTC, it became evident immediately that this would be a perfect fit. And with the gallery, we’re going to be able to show the community, and the world, just who IDW is. This move is the perfect next step in the evolution of our company. – Ted Adams, CEO & Publisher of IDW

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The NTC Foundation welcomes IDW Publishing and their creative team to the NTC Arts & Culture District at Liberty Station. Their new San Diego Comic Art Gallery will be a great addition to the numerous art galleries and museums already at NTC and we look forward to the creative collaborations ahead. We anticipate it will be a San Diego landmark destination for comic and animation art lovers from all over the world. – Alan Ziter, NTC Foundation Executive Director

Moving into a historic building has its unique challenges and is being made possible with the assistance of San Diego local area businesses such as Good & Roberts LLC and obrARCHITECTURE inc. Taking 18,344 square feet, IDW will now be the largest tenant in the already vibrant arts district.

After 15 years as a prominent part of the local business community, IDW Publishing is sure to be a more public presence with the move to NTC. The Grand Opening is scheduled for June 1, 2015. For more information on this event, please contact IDW PR & Marketing Manager, Rosalind Morehead.