SOURCE: Platinum Studios

Platinum Studios

October 20, 2009 09:01 ET

FOX 21 and Platinum Studios Partner to Develop "Indestructible Man"

LOS ANGELES, CA--(Marketwire - October 20, 2009) - 20th Century Fox Television production entity FOX 21 and Platinum Studios, Inc. (OTCBB: PDOS), an entertainment company that controls an international library of comic book and graphic novel properties which it adapts, produces and licenses for all forms of media, have partnered to develop for TV the upcoming Platinum Studios comic book series "Indestructible Man."

"Indestructible Man," which tells the story of Nick Rabel, an elite secret agent who can't be killed and discovers the hard way the difference between "indestructible" and "unbreakable," is an original property that hails from Platinum Studios' large multi-universe library of over 5,600 comic characters, a library that rivals the size of Marvel's superhero universe. Currently, Platinum Studios, which remains independent of major entertainment studio affiliation, is the only rights holder to a library of comic book material of comparable scope and size to those of Marvel, recently acquired by Disney for $4 Billion, and DC Comics, which is owned by Warner Bros.

Platinum Studios, Inc. Chairman and CEO Scott Mitchell Rosenberg ("Dead of Night") would serve as executive producer.

"This is a fun comic story where our indestructible lead character has major issues," said Chris Carlisle, President of FOX 21. "Scott and his team at Platinum have created a unique combination of superpowers and humor."

"Chris and his team really understood this character and the world he inhabits from the very first meeting," said Rosenberg. "Now the fun begins!"

Platinum Studios' film and TV division has been extremely active lately, serving the entertainment industry's insatiable appetite for comic-based media properties and moving projects forward at every major Hollywood studio and several television outlets. Most notable projects include "Cowboys & Aliens" with producers Steven Spielberg, Ron Howard and Brian Grazer and DreamWorks, Universal Pictures, Imagine Entertainment and Kurtzman/Orci (the writing team behind the "Transformers" franchise and the resurrected "Star Trek" franchise). In addition, Platinum is developing "Unique" with "Harry Potter" producer David Heyman at Walt Disney Pictures, "The Witchblade" with "Wanted" executive producer Marc Silvestri, Top Cow Productions, Inc. and Arclight Films, "Atlantis Rising" with DreamWorks, Kurtzman/Orci and director Len Wiseman ("Underworld" and "Live Free or Die Hard"), "The Weapon" with Disney Channel's "Wizards of Waverly Place" star David Henrie, "Mal Chance" with Tony Krantz ("24" and "Mulholland Drive") and an untitled project at Sony Pictures Animation. Platinum's Rosenberg serves as a producer on all Platinum projects.

Ex-Universal Pictures senior executive, Randy Greenberg of The Greenberg Group helped to negotiate this TV deal with Creative Artists Agency and Rigberg Entertainment Group. Greenberg was instrumental in bringing all financing and producing parties together for Platinum Studios' recent feature film "Dead of Night," a collaboration with Hyde Park Entertainment and Omnilab Media that is currently in post-production.

About FOX 21

FOX 21 is a studio division of 20th Century Fox Television that develops and produces high quality scripted and unscripted television programming.

About Platinum Studios, Inc.

Platinum Studios (OTCBB: PDOS) is an entertainment company that controls an international library of comic book characters from all over the world, which it adapts, produces and licenses for all forms of media including print, film, online, mobile / wireless, gaming, and merchandising. Platinum Studios - Comics Fueling Media EVERYWHERE!

Platinum Studios Safe Harbor Statement

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Although expected, actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of Platinum Studios and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting Platinum Studios and its operations; its markets, products, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently, and other factors detailed in reports filed by Platinum Studios with the SEC.

Contact Information