Skybound has announced a Reg A+ securities offering
2023 is already shaping up to be a strange year for comics. Publishers are shutting down, key individuals are leaving, and now Skybound Entertainment has announced a Regulation A+ Public Offering.
Regulation A+ allows people to invest in private companies. Investors “own” a piece of the company and their franchises with the investment money helping to incubate, launch, and commercialize, more entertainment.
Skybound is the company behind The Walking Dead and Invincible and projects such as the film Renfield.
The company is valued at $500 million with an allocation (the amount being offered to investors) at $75 million. The minimum investment is $500 and there’s a deadline of August 14, 2023.
The company has previously raised $25 million.
Interesting facts:
- The Walking Dead has driven revenue over $10 billion
- Skybound controls over 150 intellectual properties
- There’s over 3000 SKUS for merchandise
- They’ve sold over 45 million copies of comics
- $64 million in revenue in 2021 with 50% year-over-year growth since 2020
- In 2021 there was over 2.5 million books sold with over $35 million retail revenue
- There’s over 20 film projects in development, 75 television projects in active development, 4 animation projects in production
You can check out the full investment here.
Source: Graphic Policy