Investor News | December 22, 2023

IDW Media Announces Renewal of Licensing Agreement with Paramount Consumer Products for Teenage Mutant Ninja Turtles and other Paramount Properties

LOS ANGELES, CA and NEWARK, NJ – December 22, 2023:  IDW Media Holdings, Inc., (the “Company” or “IDW”) (OTC: IDWM), an integrated media company, announced today the renewal of its limited and non-exclusive licensing agreement with Paramount Consumer Products for Teenage Mutant Ninja Turtles and other Paramount properties.  

The licensed properties include several TMNT television series and other Paramount properties. The agreement sets forth the licensed publications and channels of distributions, as well as the distribution territories and languages, which will enable IDW to create and distribute publications involving the TMNT and other licensed properties across a variety of platforms to reach a broad audience. 

About IDW Media Holdings:

IDW (OTC: IDWM) 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. 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 Annual Report on Form 10-K for the fiscal year ended October 30, 2022 (under the headings “Risk Factors” and  “Management’s Discussion and Analysis of Financial Condition and Results of Operations”), and subsequent reports filed with the SEC and OTC Markets. 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.


David Jonas

Chief Executive Officer