User blog:Wagnike2/Stan Lee's New Film Partnership

Stan Lee has announced that he has formed a new film financing partnership. His company Pow! Entertainment, will be joined by Ricco Capital and Panda Media Pictures. The new company will be based in Los Angeles and will be known as Magic Storm Entertainment. It will be headed by Eric Mika who has been appointed CEO. The new group wants to create universally appealing films that reach out to China and the rest of Asia, as well as the whole world. Ricco Capital Holdings chairman, Wu Siu Chung, had the following to say: "“Stan Lee is a global icon whose characters and brands have generated more than $6 billion US at the global box office and sparked vast international toy, video game and merchandise sales.” “Magic Storm Entertainment will leverage that appeal with Ricco Capital’s development fund.”

While no projects have been announced yet, they have hinted at the fact that there will be announcement made soon detailing their first project.

What do you think of this new partnership? Do you think it will lead to anything interesting?

Wagnike2 17:19, June 28, 2011 (UTC)