Investor News | October 22, 2021

IDW Celebrates Locke & Key Season 2 Premiere on Netflix; Company also Makes Significant Progress with Robust Publishing Line-Up, Expands Distribution Agreement with Penguin Random House Publisher Services and Bolsters Editorial Team

NEWARK, NJ and LOS ANGELES, CA / October 22, 2021 / IDW Media Holdings, Inc., (NYSE American:IDW), an integrated media company, celebrates the premiere of Locke & Key Season 2 on October 22 and is providing an update on upcoming launches in its publishing line-up, as well as key strategic initiatives to support enhanced original content creation and distribution.

Locke & Key To Premiere October 22 Supported By New Print Offerings

Locke & Key, the smash hit series based on the IDW graphic novels written by Joe Hill and illustrated by Gabriel Rodríguez, premieres its second season October 22nd on Netflix. The trailer is here.

The premiere is supported by Locke & Key graphic novels available in the IDW Publishing store and through the IDW Publishing Digital Comic Experience, available on Google Play and the App Store. Locke & Key/The Sandman Universe #2, the final volume of the Sandman crossover, has been released and is winning acclaim from both fans and critics. Furthermore, Locke & Key: The Golden Age collection is anticipated to launch next spring from IDW Publishing.

“The Locke & Key franchise is an outstanding example of one of the ways in which we help build diverse audiences through the dynamic interplay of television and print,” said Ezra Rosensaft, IDW’s CEO. “We’ll continue to do more in the months and years ahead as we develop amazing, original content in partnership with some of the great storytellers of our time.”

IDW’s Teenage Mutant Ninja Turtles, The Last Ronin Series Surpasses 600,000 Copies Sold

IDW’s Teenage Mutant Ninja Turtles, the Last Ronin series continues to set sales records for the Company and has now surpassed more than 600,000 copies sold. The Last Ronin #1 is in its fourth printing, #2 is in its third printing, and The Last Ronin #4 is being well received in the market. TMNT: The Last Ronin Design Archive#1 with behind-the-scenes artwork and design notes from The Last Ronin #2 & #3 will be available early next month in time for the gift giving season.

IDW Expands Worldwide Sales and Distribution Agreement With Penguin Random House Publisher Services

IDW and Penguin Random House Publisher Services (PRHPS), a division of Penguin Random House, recently announced an expanded worldwide sales and distribution agreement to cover Direct Market comic shops. The new agreement builds upon the company’s current partnership under which PRHPS sells and distributes IDW’s trade-book frontlist and backlist to bookstores. The new agreement takes effect on June 1 of 2022.

“IDW succeeds when the direct market succeeds,” commented IDW Publisher Nachie Marsham. “No matter how amazing our comics and graphic novels may be, it’s the retailers that are connecting readers with our stories. Because of that, I couldn’t be more excited about our future with Penguin Random House and I have the utmost confidence that every store, no matter the size, will see the benefits of the high levels of care and service that PRHPS brings.”

Company Strengthens Editorial Team to Drive Original Content

Finally, IDW recently expanded its Originals Editorial department with the addition of Maggie Howell and promotion of Megan Brown. Howell was named Senior Editor of Original Content. She comes to IDW from DC Comics. Brown joins IDW’s Originals team where she will focus on Middle Grade and Young Adult content.

About IDW Media Holdings:

IDW (NYSE American: IDW) is an integrated media company providing compelling stories and characters for global audiences. Our IDW Publishing and IDW Entertainment businesses acquire IP for holistic franchise development across comics and graphic novels, television and other entertainment platforms and leverage established stories from our creative partners.

Forward-Looking Statements:

In this press release, all statements 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, including, but not limited to, those described in our most recent reports on SEC Form 10-Q (under the heading “Management’s Discussion and Analysis of Financial Condition and Results of Operations”) and Form S-1 (under the heading “Risk Factors”), which may be revised or supplemented in subsequent reports on SEC Forms 10-K, 10-Q and 8-K. We are under no obligation, and expressly disclaim any obligation, to update the forward-looking statements in this press release, whether as a result of new information, future events or otherwise.


SOURCE: IDW Media Holdings Inc.

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