Disney Sells Stake in Boom Studios

Disney has sold their stake in Boom! Studios.

What’s Happening:

  • Penguin Random House will be acquiring Boom! Studios, the graphic novel and comic book publisher, reports The Hollywood Reporter.
  • Founded in 2005, the publishing company has made a name for itself as the premiere indie comic book publisher.
  • In 2017, 20th Century acquired a minority stake in the publisher, but will sell it as part of the deal.

More Walt Disney Company News:

Marshal Knight
Marshal Knight is a pop culture writer based in Orlando, FL. For some inexplicable reason, his most recent birthday party was themed to daytime television. He’d like to thank Sandra Oh.