Thursday, April 25, 2024
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HomeMusicEntertainment LicensingCamsing Intl. Holding to acquire library of IPs of POW! Entertainment

Camsing Intl. Holding to acquire library of IPs of POW! Entertainment

China’s Camsing International Holding has recently inked an agreement with Stan Lee’s media and entertainment company, POW! Entertainment.

As per the agreement, Camsing will acquire the library of IPs under POW! Entertainment for use in film, TV, games, virtual reality, animation, live events, tours, comics, and publishing.

Camsing is said to be planning to use POW!’s IPs in order to create another Marvel in the Asian market.

Stan Lee will continue to be the Chief Creative Officer of POW!, Camsing US VP Shane Duffy will become the CEO and Gill Champion will serve as the company president.

Clarifying the same, Lee said in a statement that he will still be involved in the development and production of POW! Projects, with the acquisition being beneficial mostly due to the ‘additional resources’ it provides his company.

 

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