SOURCE: Archie Comic Publications, Inc.

December 18, 2009 08:30 ET

Archie Comic Publications Partners With Nick Cannon's NCredible Entertainment to Develop Scripted and Non-Scripted TV Shows Based on "Josie and the Pussycats"

NEW YORK, NY--(Marketwire - December 18, 2009) - Archie Comic Publications, Inc. is excited to announce a partnership with entertainer and multi-media mogul Nick Cannon's NCredible Entertainment to develop a scripted and non-scripted television series based on "Josie and the Pussycats."

As part of Cannon's vision to revive the famed rock trio, a worldwide search for the new Josie, Melody and Valerie will be chronicled on a potential reality competition series. The plan also includes a possible Josie offshoot, a dramedy scripted series starring the new band members. In addition, Archie plans to launch several new and exciting publishing projects for "Josie and the Pussycats" to coincide with the new series.

"We are thrilled to be working with Nick Cannon and the NCredible Entertainment team," states Archie Comics Co-CEO Jon Goldwater. "His relentless passion and compelling creative vision is exactly what Archie Comics is all about. Through this partnership we envision endless possibilities with Archie's vast library of intellectual properties married with Cannon's range of interests and talents."

"Archie Comics and Josie and the Pussycats are both iconic brands that I am excited to be working with," adds Chairman & CEO of NCredible Entertainment Nick Cannon. "It is my vision to create a multi-platform campaign to bring the 'Josie and the Pussycats' brand to life. I am grateful for the opportunity and look forward to experiencing huge success together."

"Josie and the Pussycats," created at Archie Comics, is the first all-girl rock 'n' roll group in history and is an innovation that changed the face of music.

ABOUT ARCHIE COMIC PUBLISHING

The Archie Comics brand is one of the most successful and longest running comic book lines in the history of the industry. Archie Comics is the NUMBER ONE producer of English language humor comics in the world. Archie comics are published in dozens of different foreign languages and distributed all over the world. Archie Digital Comics launched in 2009 and within four months, Archie Comics' "FRESHMAN YEAR" #1 became the most downloaded comic in iTunes history. In addition, Archie, Betty, Veronica, Jughead, Reggie and their pals at Riverdale High are developing feature film, television, music, interactive media, direct-to-video and theatrical animation projects, along with other Archie properties such as Sabrina the Teenage Witch, Katy Keene and dozens more.

ABOUT NCREDIBLE ENTERTAINMENT

Launched in 2009, NCredible Entertainment is a multi-media company founded by Nick Cannon, serving as the home to all of Cannon's various endeavors in film, TV, music, digital media, publishing and radio, with offices in both New York City and Los Angeles.

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