Valnet Inc. Acquires ComicBookResources.com
Valnet Inc., an online media publisher, has acquired ComicBookResources.com, a popular and unique media outlet for comic book related news, reviews and discussion.
Comic Book Resources (CBR), founded by Jonah Weiland in 1995, began as a forum providing a platform for comic enthusiasts to share and discuss the latest news and trends in the comic book industry. It quickly grew to become the most reliable and reputable resource for all comic book-related news and commentary through informative and highly entertaining content, winning multiple awards and earning industry accolades.
“After 21 incredible years running CBR, it’s time to begin a new chapter,” said Jonah Weiland, founder and owner of CBR. “I’m very proud of what the site has become and what the CBR team has accomplished. Knowing that the CBR legacy will continue to grow in the capable hands of Valnet and their team is enormously gratifying.”
“Valnet is proud to add CBR to its brand portfolio. CBR is an authority in its category and we look forward to building upon CBR’s established success.” said Hassan Youssef, CEO of Valnet. The CBR office in Los Angeles will be taken over by Valnet with the editorial team remaining in place.
Valnet, based in Montreal, has acquired and developed a variety of web properties including movie and TV news website ScreenRant.com. Since its acquisition in February of 2015, ScreenRant has enjoyed significant growth in both audience and traffic including the re-launch of its YouTube channel achieving over 1.8 Million subscribers in less than one year. The acquisition of CBR will further strengthen Valnet’s position as a leader in the vertical.
Valnet Inc. was represented internally by David Felicissimo, General Counsel. Jonah Weiland was represented by Howard Lasky of Coblentz Patch Duffy & Bass LLP. Logan Abner of WeBrokr.com provided brokerage services.
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Published: April 4, 2016