Platinum Studios Inc (PDOS)

Platinum Studios, Inc. was formed on November 20, 1996. On September 15, 2006, it filed with the State of California to convert Platinum Studios, LLC into Platinum Studios, Inc., and a California Corporation. The Company is a comics-based entertainment company. The Company owns the rights to a library of over 5,600 comic book characters, which it adapts and produces for film, television and all other media. The Company continually expanding library consists of characters that have appeared in comics in 25 languages and in more than 50 countries. Its library of comics-based characters spans across multiple genres and multiple target audiences. Platinum has teamed up with screenwriters, producers, directors, movie stars and novelists to develop entertainment content and potential new franchise properties. Platinum Studios is engaged in each of the following areas: Print Publishing, Digital Publishing, Filmed Entertainment, and Merchandise/Licensing. The Company is focused on adding titles and expanding its library with the main goal of creating new franchise properties and characters. Over the next several years, Platinum is working to become the an independent comic book commercialization producer for the entertainment industry across all platforms including film, television, direct-to-home, publishing, and digital media, creating merchandising vehicles through all retail product lines. It has all rights worldwide, not including print comic publishing rights. It has all rights for film and television worldwide. Platinum has published over 50 comic books and graphic novels for distribution through traditional domestic channels. The Company has launched an online 'e-commerce' store to sell merchandise, comic books and other products, an online comics site to highlight the printed comics and graphic novels, a mobile storefront for distribution of digital content, a web-comics site to host the digital distribution of its printed comic material and as a resource for independent comics creators to post new material and it has developed multiple destination sites for individual comic properties. The Company has four distribution channels to sell its products: direct to comic book stores, online, traditional book retail stores and international distributors. The industry in which The Company competes is a rapidly evolving, highly competitive and fragmented market, which is based on consumer preferences and requires substantial human and capital resources.