Teaming with Pleroma Entertainment, the publisher's comics properties Insane Jane and Tom Corbett: Space Cadet have been targetted for big-screen adaptations.
Superhero/horror comic Insane Jane features a heroine who may just save the world if she does not end up destroying it first.
Based on the novels by Carey Rockwell, the Tom Corbett comic follows the adventures of a young interstellar cadet with a vintage, 1950s style.
"The partnership between Bluewater and Pleroma presents an opportunity for us to produce two, if not more, of Bluewater's most popular books as feature films," said Pleroma CEO and producer Ray Brown.
"It is a partnership that I have personally looked forward to for many years and it is a good thing for both companies. Together, we are going to make great things happen."
Bluewater is best known for its unofficial biography series, the latest instalment of which tackled the life and career of Katy Perry.
Bluewater also has film projects based on its properties Nanny & Hank, Legend of Isis, 10th Muse and Sinbad Rogue of Mars set up with studios including Paramount Pictures and Universal Studios.