With Dark Myth Production Studios' New Owner Comes Major Changes

Online, January 3, 2011 (Newswire.com) - Today Dark Myth Production Studios announced that ownership of the company has returned to Founder and former owner, David K. Montoya. The rights to the company were returned after L. Alan Russo Jr. and his The New Blood Films Company were unable to meet payment arrangements stated in the contract of sale made in 2010.

Montoya, 33, returned as Dark Myth Production Studios' Chief Executive Officer and Publisher in November of last year, after a series of mismanagement errors were made which left the company in serious financial debt. As of December 1, 2010 (the last day of the first quarter), Mr. Montoya announced that the company was once again in the black, and while it was a small profit margin, he was still able to turn a profit in just a little over a Month.

After obtaining ownership of the company, Mr. Montoya announced that he will be implementing new changes within Dark Myth. His first change was to reinstate Terry D. Scheerer as President of the company. Mr. Scheerer was also named Editor in Chief of 'Horrotica' Magazine, as well as Dark Myth Publications. And Montoya also secured an agreement with Steve Bolin to remain as Editor in Chief for 'The World of Myth' Magazine.

"Dark Myth was a growing company before the mistaken sale this past summer. Now, with David K. Montoya back at the reins and a positive bank balance once again, I see only growth and good things ahead for Dark Myth Production Studios," said Terry D. Scheerer, Dark Myth's returning President and Editor-in-Chief.

Next, Montoya dissolved the executive staff of Dark Myth and imported each executive's job duties under the Chief Executive Officer's title. Once he felt his management team was in order, Montoya turned his attention to their products and reunited with longtime distributor (Lulu.com) to have Dark Myth titles returned to major store chains.

"I would again like to thank each of our readers for remaining loyal fans, and hope they enjoy the ride as we move toward major changes within Dark Myth Production Studios," said David K. Montoya, Chief Executive Officer and Publisher of Dark Myth Production Studios, "in order to secure our place in the publishing world for another eighteen plus years!"

Dark Myth has also announced that in 2011, they will be opening a new on-line store which will feature not only Dark Myth related products, but non-related items as well.