Author Topic: IDWM - IDW Media Holdings Inc.  (Read 53150 times)

Foreign Tuffett

  • Hero Member
  • *****
  • Posts: 1346
Re: IDWM - IDW Media Holdings Inc.
« Reply #140 on: December 09, 2019, 09:02:07 AM »
"V Wars" show looks god-awful. Warning, link features some NSFW language.

https://twitter.com/IDWEntertain/status/1204081191030120448
Former Teldar Paper Vice President


KJP

  • Hero Member
  • *****
  • Posts: 1147
Re: IDWM - IDW Media Holdings Inc.
« Reply #141 on: July 17, 2020, 01:54:03 PM »
And the hits keep coming ....

14 months ago Adam Wyden estimated the CTM Media business was worth $30 - $40 million:  https://markets.businessinsider.com/news/stocks/adw-capital-partners-l-p-seeks-sale-of-idw-media-holdings-inc-to-maximize-value-of-intellectual-property-1028004823?op=1#

Today, IDWM announced a deal (subject to a majority of the minority vote) to sell CTM Media to CEO/Chairman Howard Jonas for $3.75 million in debt forgiveness and an undefined contingent earnout:  https://www.accesswire.com/597821/IDW-Announces-Sale-of-CTM-Media-Group-its-Tourism-Focused-Subsidiary  [Jonas is also converted an additional $1.25 million in debt into shares at ~$4/share.]

Of course Wyden may well have been too optimistic, and a tourist brochure business certainly isn't the best business to be in right now.  But this really has been a disaster for years.


Foreign Tuffett

  • Hero Member
  • *****
  • Posts: 1346
Re: IDWM - IDW Media Holdings Inc.
« Reply #142 on: July 17, 2020, 02:50:41 PM »
And the hits keep coming ....

14 months ago Adam Wyden estimated the CTM Media business was worth $30 - $40 million:  https://markets.businessinsider.com/news/stocks/adw-capital-partners-l-p-seeks-sale-of-idw-media-holdings-inc-to-maximize-value-of-intellectual-property-1028004823?op=1#

Today, IDWM announced a deal (subject to a majority of the minority vote) to sell CTM Media to CEO/Chairman Howard Jonas for $3.75 million in debt forgiveness and an undefined contingent earnout:  https://www.accesswire.com/597821/IDW-Announces-Sale-of-CTM-Media-Group-its-Tourism-Focused-Subsidiary  [Jonas is also converted an additional $1.25 million in debt into shares at ~$4/share.]

Of course Wyden may well have been too optimistic, and a tourist brochure business certainly isn't the best business to be in right now.  But this really has been a disaster for years.

Obviously COVID has impaired CTM's value, but it was never worth $30 - $40 million to begin with.
Former Teldar Paper Vice President

smathew

  • Newbie
  • *
  • Posts: 35
Re: IDWM - IDW Media Holdings Inc.
« Reply #143 on: September 26, 2020, 10:08:28 PM »
Presenting at LD micro.. .seems promising. There is a webcast...

https://finance.yahoo.com/news/idw-media-present-9th-annual-162500122.html

Also, another big comic book deal...its valuable...

https://variety.com/2019/film/global/steven-paul-buys-atlas-comics-paramount-production-deal-1203216889/

Not sure the angle to sell here.. Down from 50.00 and strategic value of content never been higher..

Any insight about current state of IDWM ? Lot management churn and not much visibility about new series for next year though they are are claiming that they will 4 new shows per year .