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Updates/News

BRANSON A VIRGIN IN COMICS AND ANIMATION
by Jennifer Contino (Pulse)

Sir Richard Branson, Virgin's founder, is branching out into a few other industries: comic books and animation. Variety reported the business tycoon has created his own comic book company and animation studio: Virgin Comics and Virgin Animation.

Branson's working with Deepak Chopra, Shekhar Kapur and the Gotham Entertainment Group. Virgin Animation, based in Bangalore India, will be animating their comics properties.

According to Variety, John Woo is supposed to be working on a new series for Virgin Comics, which is based in New York.

Variety wrote:

"Woo is creating an original comic property under Virgin Comics' Director's Cut line, one of three separate lines created for the company. The others are the Indian-infused Shakti line and the Maverick line."

"India is an incredibly vibrant market, which Virgin already, through Virgin Atlantic, has the pleasure of working in," Branson said in a statement. "I am delighted that Virgin Comics will not only help to launch the Indian comic market and spin it into the West, but will develop new and exciting talent."

Read the full story here:

http://www.variety.com/article/VR1117935558?categoryid=21&cs=1&s=h&p=0

*** OFFICIAL PRESS RELEASE ***

VIRGIN EXPANDS ENTERTAINMENT INITIATIVES WITH THE FORMATION OF
'VIRGIN COMICS' AND 'VIRGIN ANIMATION'

Sir Richard Branson and Virgin Books Limited today announced a new entertainment partnership with world-renowned author Deepak Chopra, acclaimed filmmaker Shekhar Kapur and South Asia's leading publisher of comic magazines, Gotham Entertainment Group LLC.
The partnership will launch two new Virgin branded companies, Virgin Comics LLC, based in NYC and Virgin Animation Private Limited, based in Bangalore, India, focused on creating original comic books and character properties for a global audience.

VIRGIN COMICS.

The Company believes that in the next decade, Asia will become one of the largest producers, as well as the largest consumers, of entertainment products. Virgin Comics intends to look to Asia, and India in particular, as both a growing market for consumers of entertainment products and also a source for unique, innovative
content to be brought to the world in comics and licensing into movies, animation, toys, video games and consumer products.

In addition to the Indian-infused, Shakti line - through the Virgin Comics Maverick and Director's Cut imprints - the company will tap into innovative creators in comics, film and entertainment from around the world.

This partnership brings Virgin, one of the world's leading youth lifestyle brands, into the areas of comics and animation for the first time. Virgin Founder, Sir Richard Branson commented on the new partnership by saying, "India is an incredibly vibrant market which Virgin already, through Virgin Atlantic, has the pleasure of working
in. Virgin Comics embodies all that Virgin stands for - innovation and launching, developing and opening up markets, for the benefit of the consumer - both at home and abroad. Virgin always strives to work with the best of the best and with Chopra and Kapur we are certainly doing that! I am delighted that Virgin Comics, will not only help to launch the Indian comic market and spin it into the west, but will develop new and exciting talent - giving a whole generation of young, creative thinkers a voice."

VIRGIN COMICS.

Branson was joined by Adrian Sington, Executive Chairman of Virgin Books Limited, who added, "On the back of global movie and licensing deals, the market for comics and graphic novels worldwide is exploding. In the USA sales of graphic novels have grown by 44.7% in the year to date. In the UK the market has doubled since 2003. Much of the growth in both territories has come from the emergence of comics out of Asia. Not surprisingly therefore I am delighted to be Gotham Entertainment's new strategic partner in Virgin Comics, a venture that sizzles with creativity and energy."

Deepak Chopra commented on the venture "I am thrilled and excited to be working with Richard Branson and Virgin. I consider Richard a true visionary and believe together, through Virgin Comics and Virgin Animation, we will forge new mythologies bringing together east and west. At the forefront of this movement will be new minds, new voices, and new talents that will re-invent the stories that unite us, and that we live by."

Shekhar Kapur described his bold vision by adding, "I see the future. It is the brave new world of entertainment. The art of the 2-hour captive, non-interactive product called the "movie" is history. Comic
book characters - traditional and digital - are the new cult, the new religion. India's 600 million teenagers are now at the forefront of the creation of these new Gods. For these new Indian Comic Gods are derived directly from the vast ocean of Mythology."

VIRGIN COMICS.

Sharad Devarajan and Gotham Chopra, the principal architects behind the new partnership, are spearheading the new Virgin Comics and Virgin Animation, with Mr. Devarajan as Chief Executive Officer and Mr. Chopra as Chief Creative Officer. Veteran Indian advertising executive, Suresh Seetharaman, a partner in the venture, will run the Indian based, Virgin Animation.

"Similar to the phenomenon we have seen with Japanese Anime and Manga, which has influenced every aspect of popular media today, our mission is to spark a creative renaissance in India, reinventing Indian character entertainment and permeating this new style and vision throughout the globe" said the CEO, Sharad Devarajan, "Beyond India, we will create a haven for the world's most innovative creators, launching a new wave of characters that simultaneously appeal to audiences from Boston to Beijing to Bangalore."

Chief Creative Officer, Gotham Chopra, added, "We are a generation whose identities are cut and pasted from cultural elements of east and west. Virgin Comics and Virgin Animation is our home where we get a chance to tell the new planetary stories that define us. We intend to work with the world's greatest storytellers, both famous and first-timers. Our Maverick and Director's Cut lines are specifically intended to attract innovative thinkers and artists to comics and provide them a platform to create their stories in a medium akin to a
movie with an unlimited budget."

VIRGIN COMICS.

As part of the launch of the Director's Cut line, Virgin Comics will collaborate with globally acclaimed filmmaker, John Woo, to create an original comic book property. Virgin Comics intends to launch its first original comic book titles in mid-2006 and will simultaneously be exploring partnerships for animation development.

 

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