is reporting that Kevin Eastman has sold the rights to Heavy Metal Magazine to new investors David Boxembaun and film producer Jeff Krelitz. Details of the deal were not made public, but Eastman (co-creator of the Teenage Mutant Ninja Turtles) will stay on as the magazine's publisher while Boxembaun and Krelitz take over as co-CEOs. The new team plans to turn Heavy Metal into a kind of publishing banner for all manner of science fiction and fantasy content across multiple mediums. Several projects have already been moved under this new banner, included two adaptations of Image Comics properties: the animated, direct-to-video and live action adaptations of Chew, and the television adaptation of Peter Panzerfaust with Elijah Wood. There are also plans for Heavy Metal to branch out into music and other fields, all with the intent of bringing genre entertainment to the masses. Heavy Metal has been in publication since 1977 as an adult-oriented sci-fi and fantasy magazine. A Heavy Metal animated film was produced in 1981 featuring John Candy and Eugene Levy. The film rights were picked up by Robert Rodriguez's Quick Draw Studios in 2011.