POW Entertainment

POW! Entertainment Inc. is an American media production company formed in 2001 by Gill Champion, Arthur Lieberman and former Marvel Comics editor and publisher Stan Lee. POW! is made up of two companies: POW! Entertainment, Inc. (POW! Inc.), a holding corporation and its wholly owned subsidiary, POW! Entertainment, LLC (POW! LLC) and is currently owned by Camsing International Holding.

POW! productions include the 2006 Sci-Fi Channel's TV-movie '' Stan Lee's Lightspeed'', that network's reality television series ''Who Wants to Be a Superhero?'' and the ''Stan Lee's Mighty 7'' media franchise. Other productions include the direct-to-DVD animated features '' Stan Lee's Mosaic'' and '' Stan Lee Presents: The Condor''.

History

In November 2001, Stan Lee formed POW! Entertainment, LLC, a Delaware-registered limited liability company, with Gill Champion and Arthur Lieberman. POW! set up their offices at Metro-Goldwyn-Mayer's headquarters in Santa Monica, California as a first look deal was negotiated in April 2002 by Lieberman with MGM and Cheyenne Enterprises, Bruce Willis's and producer Arnold Rifkin's production company.

Lee created the risqué animated superhero series '' Stripperella'' for Spike TV's The Strip animated block which premiered on June 26, 2003. POW! also had a dozen additional feature and television production agreements by July. Three of the films were in preproduction: ''Nightbird'', ''The Femizons'' then with writers Cary Solomon and Chuck Konzelman and ''The Double Man'', then under development by Training Day director Antoine Fuqua. A production agreement was signed by POW! and Idiom Films for ''Forever Man'', an avenging hero type with a twist. Meanwhile, the company signed with DIC Entertainment on a TV series production deal starting with ''Stan Lee's Secret Super Six'', about teens with alien superpowers who are taught by Lee about humanity. The in-development ''Hefs Superbunnies'' animated superhero series was announced by Lee at Comic-Con 2003, which would feature a villain fighting Hugh Hefner and his playmates.

Public corporation

The separate corporation, POW! Entertainment, Inc., is a holding company created to have publicly traded stock. The corporation originated as Delaware-based Megatek Legacy Systems, Inc., formed August 17, 1998; it became Alta Pacific Minerals, Inc. in 1999, and Arturion Entertainment, Inc. in 2002. By 2004, Arturion's stockholder was Media Dynamics, Inc., owned by Valerie Barth, controlling stockholder, and minority stockholder, UltraVision Inc., owned by Ron Sandman. Arturion was a public shell corporation used to acquire POW! on May 5, 2004, with POW! members receiving Arturion shares to take it public on over-the-counter market "Pink Sheets" in a reverse merger. Arturion changed its name to POW! Entertainment, Inc. Media Dynamics invested $500,000 for 769,250 shares with a subscription for additional shares for $650,000.

In August 2004, Lee announced a superhero program that would feature Ringo Starr, the former Beatle, as the lead character. Additionally, in August of that year, Lee announced the launch of Stan Lee's Sunday Comics.

In May 2004, IDT Entertainment purchased a minority share in POW! Entertainment in an agreement for exclusive distribution rights to POW!'s animated DVD properties and a joint development of six cartoon films.
In 2005, the company announced that another animated film that would feature the voice of Ringo Starr. Also in early 2005, the company formed a strategic partnership to develop a new mobile channel with mobile-streaming pioneer Vidiator, through Vidiator's mobile streaming technology. In 2006, this resulted in an agreement with Sprint Nextel Corp. where the Stan Lee's POW! Mobile Channel is officially listed as Sprint's Channel 70. The channel includes mobisode