Iconic Arts raises $3.1M to create original properties for games and Hollywood

by | May 8, 2024 | Technology

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Iconic Arts, a new Los Angeles transmedia entertainment studio, has raised $3.1 million to create original properties for games and Hollywood. And it will prototype its ideas in the market using games for quick-and-easy platforms like Roblox.

The company was started by blockchain, gaming and Hollywood veterans Steven Haddadian, Alec Roth, Matthew Medney, Mo Yazdani and Jack Sheehan.

(Hollywood and games is one of our themes at our GamesBeat Summit 2024 event; get 25% off with this code: gbs24dean25).

In an interview with GamesBeat, Haddadian said the company has a $20 million pre-seed valuation and it has offices in Los Angeles and Tokyo. The team has nine people.

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The new company has support from Hollywood, gaming, and technology luminaries such as Oscar-winning screenwriter Eric Roth, Grammy-winning artist and founder of FYI.ai, Will.i.am and industry titans Chris Heatherly (The Walt Disney Company, NBCUniversal), Mark Caplan (Sony Pictures Entertainment), and Motoki Tani (Animoca Brands KK, Millennium, JP Morgan).

AI expert and CTIO of JPL NASA, Chris Mattmann, immersive media pioneer, Brian Selzer and legal AI attorney, Charles Lew also join the distinguished advisory board.

Origins

The Iconic Arts team has a lot of experience.

The team came together in January 2023.

Haddadian said, “It was based on really a thesis that we developed after I went to pretty much all the film studios, the game studios, the toy studios, and we all ask them the same question. Where is the original IP? The fresh stories, those like really fresh characters and adventures?”

He added, “I go back to the days of that golden era of cinema. Star Wars, Jurassic Park, Indiana Jones. Now, back to the future, what happened? Where did those original characters go? Why did they stop? And it was crazy because they all said the same thing.”

They said they couldn’t do original IP because it was too expensive. It costs millions to create something like 16 drafts of a pilot for a T …

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Are you looking to showcase your brand in front of the gaming industry’s top leaders? Learn more about GamesBeat Summit sponsorship opportunities here. 

Iconic Arts, a new Los Angeles transmedia entertainment studio, has raised $3.1 million to create original properties for games and Hollywood. And it will prototype its ideas in the market using games for quick-and-easy platforms like Roblox.

The company was started by blockchain, gaming and Hollywood veterans Steven Haddadian, Alec Roth, Matthew Medney, Mo Yazdani and Jack Sheehan.

(Hollywood and games is one of our themes at our GamesBeat Summit 2024 event; get 25% off with this code: gbs24dean25).

In an interview with GamesBeat, Haddadian said the company has a $20 million pre-seed valuation and it has offices in Los Angeles and Tokyo. The team has nine people.

GB Event
GamesBeat Summit Call for Speakers
We’re thrilled to open our call for speakers to our flagship event, GamesBeat Summit 2024 hosted in Los Angeles, where we will explore the theme of “Resilience and Adaption”.

Apply to speak here

The new company has support from Hollywood, gaming, and technology luminaries such as Oscar-winning screenwriter Eric Roth, Grammy-winning artist and founder of FYI.ai, Will.i.am and industry titans Chris Heatherly (The Walt Disney Company, NBCUniversal), Mark Caplan (Sony Pictures Entertainment), and Motoki Tani (Animoca Brands KK, Millennium, JP Morgan).

AI expert and CTIO of JPL NASA, Chris Mattmann, immersive media pioneer, Brian Selzer and legal AI attorney, Charles Lew also join the distinguished advisory board.

Origins

The Iconic Arts team has a lot of experience.

The team came together in January 2023.

Haddadian said, “It was based on really a thesis that we developed after I went to pretty much all the film studios, the game studios, the toy studios, and we all ask them the same question. Where is the original IP? The fresh stories, those like really fresh characters and adventures?”

He added, “I go back to the days of that golden era of cinema. Star Wars, Jurassic Park, Indiana Jones. Now, back to the future, what happened? Where did those original characters go? Why did they stop? And it was crazy because they all said the same thing.”

They said they couldn’t do original IP because it was too expensive. It costs millions to create something like 16 drafts of a pilot for a T …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]

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