CTM MEDIA HOLDINGS
(CTMMA; CTMMB)
TO BECOME IDW MEDIA HOLDINGS
Entertainment Company To Register with SEC; Seek to Move Listing From Pink Sheets to an Exchange, Ted Adams will be CEO
Stamford, CT; San Diego, CA (April 3, 2015) – CTM Media Holdings, Inc., a
holding company consisting of CTM Media Group and a majority interest
in IDW, announced today that it will begin operating under the name IDW
Media Holdings to reflect the growth of IDW as its principal line of
business, and Ted Adams, a founding partner and current CEO and Publisher of IDW, will take over as CEO of IDW Media Holdings.
IDW Media Holdings, Inc. will be an integrated media company consisting
of IDW Publishing, the award-winning, San Diego-based comic-book and
graphic novel publisher; CTM Media Group, a distributor of print and
digital advertising; IDW Entertainment, the television-development arm
of IDW Publishing; San Diego Comic Art Gallery, a new comic art gallery
space launching in summer 2015; Ettractions, a travel-based web
portal; Top Shelf Productions, a publisher of independent and
creator-driven graphic novels; IDW Games, producer of tabletop board
games and card games; and IDW Limited, the high-end print collectibles
division of IDW Publishing.
“Ted Adams has built IDW into an entertainment giant,” said Howard Jonas,
the chairman of CTM Media Holdings. “IDW’s growth in just its fifteen
years of existence has been extraordinary and is a testament to Adams’
ability to build, diversify and grow his business. He is the perfect
person to serve as CEO over IDW Media Holdings and continue to grow all
its interests in exponential ways.”
CTM Media Holdings currently has two classes of common stock listed on
the OTC Pink Sheets Pink Tier under the symbols CTMMA and CTMMB. As
part of an integrated effort to boost the presence of the Company, IDW
Media Holdings will register its common stock under the Securities
Exchange Act of 1934 and seek to list its shares on a national
securities exchange with a ticker symbol reflecting its updated
identity.
“These changes will be great for all of our media business units and even better for investors,” said Ted Adams,
IDW Media Holdings’ CEO. “As I’ve done throughout my time running IDW
Publishing, I am looking to grow the business with the established teams
we already have in place. We are poised to make IDW Media Holdings into
something truly beneficial for all involved.”
For more information please visit IDWmediaholdings.com.
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About IDW Publishing
IDW is an award-winning
publisher of comic books, graphic novels and trade paperbacks, based in
San Diego, California. Renowned for its diverse catalog of licensed and
independent titles, IDW publishes some of the most successful and
popular titles in the industry, including: Hasbro’s The TRANSFORMERS,
G.I. JOE and MY LITTLE PONY; Disney’s classic characters including
Mickey Mouse, Donald Duck, and Uncle Scrooge; Paramount/CBS’s Star
Trek; Nickelodeon’s Teenage Mutant Ninja Turtles; Zombies vs. Robots by
Chris Ryall and Ashley Wood; Ragnarök from Eisner Award-winner Walter
Simonson; and Little Nemo from the award-winning duo of Eric Shanower
and Gabriel Rodriguez. IDW is also home to acclaimed imprints such as
the Library of American Comics, which publishes classic comic reprints,
Yoe! Books, a partnership with Yoe! Studio, IDW Artist’s Editions, and
Top Shelf Productions.
IDW’s critically- and
fan-acclaimed series are continually moving into new mediums. Currently,
Jerry Bruckheimer Films and Disney are creating a feature film based on
World War Robot; Dwayne "The Rock" Johnson and Warner Brothers are
producing a film based on Ashley Wood's Lore; Michael Bay's Platinum
Dunes and Sony are bringing Zombies vs. Robots to film, Alex Kurtzman
is producing a movie based on Locke & Key at Universal.
IDW Entertainment was started
in 2014 to fund, develop, and oversee brand extensions across IDW
Publishing’s portfolio of comics and graphic novels for the global
television market. IDW Entertainment is currently in development with a
slate of properties for television including the chilling and realistic
vampire thriller, V Wars, by New York Times Best Seller Jonathan
Maberry with writer/executive producer Tim Schlattmann (Dexter,
Smallville); Douglas Adams' Dirk Gently’s Holistic Detective Agency,
with writer/executive producer Max Landis (Chronicle); and many others.
About CTM Media Group
CTM Media Group is one of North America’s largest distributors of
tourism information. Distributing over 100 million brochures last year,
CTM’s comprehensive network includes over 13,000 brochure information
displays, and over 330 award-winning touch screen kiosks.
CTM’s distribution network proactively reaches visitors when they are
actively looking for fun things to do. Set in major visitor markets,
CTM’s in-market distribution networks include hotels, attractions,
interstate routes, convention centers, transportation centers, local
residents and sport shops.
Forward-Looking Statements
This press release contains
statements that constitute forward-looking statements. These
forward-looking statements may use such forward-looking terminology as
"expect," "look," "believe," "plan," "anticipate," "may," "will,"
“intend” or similar statements or variations of such terms or otherwise
express views concerning trends and the future. Such forward-looking
statements involve certain risks and uncertainties. Actual results may
differ materially from such forward-looking statements. CTM Media
Holdings, Inc. assumes no obligation for updating any such
forward-looking statement at any time. |
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