| Magic Storm Entertainment | |
| Type: | Partnership |
| Foundation: | June 2011 |
| Location City: | Los Angeles, CA |
| Key People: | Stan Lee, Chairman Emeritus Eric Mika, CEO |
| Industry: | Entertainment |
| Services: | Development |
| Owner: | Ricco Capital Panda Media Partners (POW! &<br>Fidelis Entertainment) |
Magic Storm Entertainment is an entertainment company to develop material for the Asia markets. Magic Storm partners are Ricco Capital and Panda Media Partners, a joint venture of POW! and Fidelis Entertainment.
Magic Storm Entertainment was formed as a partnership by Ricco Capital and Panda Media Partners, a joint venture of POW! Entertainment and Fidelis Entertainment, in June 2011 to produce material for Asia.[1] [2] In December, Magic Storm announced screenwriter Dan Gilroy has sign on to write "The Annihilator" (working title) based on a treatment acquired from POW![3]
In June 2012, Chinese state-run National Film Capital, an entertainment industry fund management company, announced its initial feature film co-production slate with Magic Storm's "The Annihilator" at the top of the list.[4] [5]