Valiant Comics is being relaunched by Valiant Entertainment, a privately financed company headed by CEO Jason Kothari and Chief Creative Officer Dinesh Shamdasani.

Kothari's group bought the Valiant library last year from Acclaim Entertainment and formed Valiant Entertainment. Valiant's plan is to bring the popular characters to life in film and television. They signed with William Morris Agency to make film and television deals for the franchises.

"We are delighted to be working with leading partners in Paramount Pictures and director Brett Ratner on Valiant's first film deal," said Valiant Entertainment CEO Jason Kothari.

Created by former Marvel editor-in-chief Jim Shooter, the Harbinger comic book series was a hit in the 1990s, selling over five million comic books and was named comic book of the decade, stated an official press release.

Chief creative officer Dinesh Shamdasani said, "Brett Ratner is the ideal choice to bring Harbinger to life on the big screen, as he is not only one of Hollywood's hottest directors but has been a fan of Valiant Comics for many years."

Alexandra Milchan will produce with Brett Ratner and Jay Stern while Jason Kothari and Dinesh Shamdasani are the co-producers. The project may be branded under the MTV Films banner.