BOOM! Studios has sold a minority stake to Fox after investment banker hire. The exclusive at Deadline, states that 20th Century Fox acquired what was described as “a significant minority stake.” It is expected that BOOM! made the move to gain investment money to grow and develop more comics and hire more creators.

Through the deal BOOM! set up several projects at Fox, including Tag, a graphic novel with director John Leonetti (Annabelle) and Ben Collins and Luck Piotrowski writing. During its release in 2014, Annabelle was not only an impressive horror flick, but a very high grossing film for the year.

BOOM! projects also include James Wan’s graphic novel, Malignant Man, plus other graphic novels Irredeemable, The Empty Man, and Deep State. Other titles at BOOM! are Giant Days, Lumberjanes, The Woods, Big Trouble in Little China, and Mighty Morphin Power Rangers.

KaBOOM!, their all-ages imprint, also has publishing rights to Garfield, Peanuts, and Adventure Time and the Archaia imprint has Mouse Guard, Labyrinth, The Dark Crystal, and The Storytellers.

Collectively, BOOM! publishes about 25 comics and a dozen or more graphic novels per year.