Heavy Metal Entertainment LLC is seeking investments to support its expansion plan

Los Angeles, California – (Newsfile Corp. – November 15, 2022) – Comic book magazine and entertainment veteran Heavy Metal Entertainment (“HME” or the “Company”) announces that it is seeking investment to support its expansion plan. The platform hosts a range of opportunities including comics, fiction and a podcast network. The company is expanding its services into a number of new areas and intends to attract investment for this expansion and general working capital needs.

The expansion includes the next phase of its Metal+ web3 offerings and the recently launched Heavy Metal Studios (“HMS”), which will be the Company’s media production arm. HMS presented a sizzling roll of live-action footage teasing the debuts of characters such as Taarna, Cold Dead War, Dark Wing, Arena Mode, Adrienne James, Rise and Savage Circus, based on proprietary and creator-owned IP found in heavy metal magazine was published.

HME recently announced its plans for its “Metalverse” offering, a series of both live-action and animated shows for film and television. The announcement is part of the opening up of the TV and film space. Metalverse is led by HMS and leverages the company’s 45 years of accumulated content. The company also recently announced the launch of its Metal+ platform. According to HME, Metal+ is a brand new Web3 and blockchain-based publishing arm of the company that will allow fans to digitally buy and own current and past issues of Heavy Metal Magazine and Heavy Metal’s illustrated publications.

“In partnership with Everscapes.io, Metal+ will offer both first-time users and current crypto-natives the opportunity to collect, trade and share comics and magazine issues, providing a digital solution to comic value. Metal+ is built on the Elysium blockchain, powered by Myth Token, which is 100% green and carbon neutral,” says Matthew Medney, CEO of HME.

With a 45-year history in the publishing industry, HME is one of the world’s best-known illustrated magazines. His focus was on exploring surrealistic worlds, alternative realities, science fiction and thrillers in the categories of past, present and future. HME was the first publisher to bring European legends like Mœbius, Enki Bilal and Pepe Moreno into the entertainment industry of the United States, while also showcasing non-mainstream American superstars like Richard Corben, Vaughn Bode and Frazetta.

Adds Matt Medney, “When you look at an institution like heavy metal, you have to anchor yourself in the tremendous possibilities that such a story offers them. With that in mind, how we expand the brand and proliferate in new directions is critical to this administration, with new horizons to focus on the Home for mainstream counterculture – a place where the brand represents the outliers in the culture while making them feel like the mainstream and adopt the mainstream and make them feel like the brave, brave misfits they wish to be . That’s the mission of heavy metal – to create inclusion in the face of differing views. There is no more important ethos in this day and age, and that’s what our content is for.”

On the operational front, the company recently partnered with Whatnot Publishing, which will control and fund production and distribution of the magazine. This eliminates the need for staff and investment on the part of the company to support these activities.

In the past, the company has focused on all the detailed aspects of magazine production and publishing, as well as the merchandising side of the business, which has far greater untapped potential than previously realized. Resources are now solely focused on creativity and content, which will also fuel the growth of the studio. Joseph Durko, CFO of HME summarizes: “The company is now intensely focused on commercializing its creativity through partnerships and alliances to achieve attractive returns from reduced scale of operations – consistently, efficiently and profitably.”

About heavy metal entertainment

Heavy Metal is at the forefront of the adult comic and sci-fi fantasy genre with its groundbreaking magazine first published in 1977. The company, now owned and operated by Heavy Metal Entertainment LLC, focuses on all current media platforms and delivery vehicles including publishing, video and game formats, as well as merchandising and licensing opportunities for its venerable brand and award-winning content. Under current leadership and ownership, HME has an intense focus on creativity and content and its ability to successfully commercialize its superior and distinctive creative outputs.

Media contact: Kris Longo
Email: [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/144354


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