POW! Entertainment Inc. (fka POWN)

[GreenMan]

Golden Age and Silver Age comics (especially in great condition) are fetching unheard of prices today. A Superman #1 graded at 8.5 (which is the best condition we know of for Superman #1) out of a scale of 1 (thrashed) to 10 (perfect). It sold for 1.5 million dollars, a new world record. (An 8.0 version of S#1 sold last month for about 1Mil).

Why the current craze for vintage comics? See the article on http://news.comicconnect.com/

“Some of today’s most successful entrepreneurs were yesterday’s comic geeks,” observes Zurzolo, who started his own career at the age of 16, selling comics on the streets of Manhattan.

“They don’t want a Van Gogh or Picasso. They want collectibles that mean something to them. Our society is built on pop culture. Superman, Spider-Man, Batman…they’re the icons now.”

So will comic book values continue to soar? Absolutely, according to Fishler and Zurzolo.

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What does all this mean for POWN?

Comics and the movies that come from them (or vice versa) are bigger now than ever before. They are today's pop culture icons and a key blockbuster entertainment genre. There is simply no satisfying the cash-paying public for more of this stuff. It is a major reason why I believe that POWN may end up a major player in the superhero movie business.

GLTA longs
GreenMan