20th Century Fox and BOOM! Studios have agreed to a first-look deal that guarantees creators will see a large percentage of any monies taken in from projects based on their work. Under the deal, BOOM! will get an unspecified amount of first-dollar gross (or box office, minus the split with cinemas) on movies adapted from its properties, which means the company gets a piece of the pie whether the movie ultimately makes a profit or not. Those earnings will be split 50-50 between the publisher and creators.
Last week comic book publisher BOOM! Studios announced it had acquired Archaia Entertainment with a view to positioning the company behind award-winning books like David Petersen’s Mouse Guard and the Jim Henson’s A Tale of Sand by Ramón Pérez as a fully functioning imprint, with Archaia’s staff and corporate culture intact. It was good news for both Los Angeles-based publishers, but not necessarily for the reasons many industry insiders assumed. In their first joint interview since the news broke, both company’s Editors-in-Chief Matt Gagnon and Stephen Christy told ComicsAlliance how the merger came to be, why it made sense to them from a number of angles, and what readers and professionals can expect from the new union -- not only with respect to the publishing line, but to creator deals and broader media as well.