IDW founders Ted Adams and Robbie Robbins will run Clover Press, a new publishing joint venture with IDW Publishing parent IDW Media Holdings, the company announced.  The new book publisher will create products for the book market, and prestige format products to be sold direct-to-consumer.  The company will focus on “progressive projects, creator-owned endeavors, and celebration of classic works for authors and artist,” the announcement said.

Former IDW CEO Adams left the company last summer (see “TV Exec Replaces Adams as IDW CEO”). Current CEO Howard Jonas, who took over from Adams’ replacement in February (see “IDW CEO Out, Chairman, Largest Stockholder Takes Role”), expressed his expectations for the new venture. “Ted and Robbie created a special company when they launched IDW 20 years ago, and we are grateful for their contributions throughout the years,” he said.  “Their creativity and savvy will drive the success of Clover Press, and we look forward to working with them on this new initiative.”

In a statement, Adams referenced the transition to this new venture and his hopes for the future. “Now with the company in excellent hands, it’s time to focus our attention on new projects,” he said. “Our small team at Clover Press will be working on outside of the box projects that we are excited about, and we look forward to exploring new markets and getting more beautiful books out into the world.”