Official Press Release
As CrossGen continues to develop and expand its creation and delivery of
heroic content across all media formats, the company has changed its name
from CrossGeneration Comics, Inc. to CrossGen Entertainment, Inc. (CGE).
Since launching in 2000, CGE has shepherded comic books into a variety of
formats, and as a result has evolved into a force in the international
entertainment industry, as evidenced by expanding interests in film,
television, video games, the Internet, education, technology, and worldwide
licensing. In an effort to more efficiently and effectively manage these
business lines, CGE has also formed 11 wholly owned subsidiary companies,
which represent its broad-based entertainment products and offerings.
"Our 11 subsidiaries are neither spin-offs nor exterior companies that will
act independently of CGE," explained CrossGen Entertainment Senior Vice
President of Product Development Tony Panaccio. "Rather, they will function
together as interior business units, all working towards CGE's overall
goals. With this arrangement, all current and future projects will be
managed and guided by our founding principals."
"CrossGen has been, and always will be, dedicated to preserving and
expanding the comic book medium," stated CGE Publisher and CEO Mark Alessi.
"At the same time, we're also bringing our passion--in a variety of
formats--to audiences who have yet to experience how entertaining our
stories can be. And now our name matches how we want the world to perceive
comics--as great entertainment, made for anyone with imagination, a thirst
for adventure, and a hunger for heroes."
CrossGen Entertainment's new subsidiaries are:
CrossGen Intellectual Property, LLC: CGIP holds all CGE content intellectual
CrossGen Technologies, LLC: CGT holds all CGE technology IP and manages
technology IP creation, development, production, and application.
CrossGen Publishing, LLC: CGPub publishes all print projects, including CGE
Ancillary, Code 6, CrossGen Universe, and foreign publishing.
Code 6 Comics, LLC: A subsidiary of CGPub, C6C publishes Code 6
CrossGen Comics, LLC: A subsidiary of CGPub, CGC publishes CGU print
CrossGen Media, LLC: CGM is responsible for feature films, television
programs, video games, websites, merchandise, and additional interactive
CrossGen Productions, LLC: A subsidiary of CGM, CGP produces feature films
and television programs.
CrossGen Interactive, LLC: A subsidiary of CGM, CGI is responsible for
interactive publishing, video games, and role-playing games.
MegaCon, LLC: MGC manages the MegaCon convention.
CrossGen Education, LLC: CGEd publishes education materials.
Comics On The Web, LLC: COW is responsible for internet publishing,
including Comics On The Web(tm).