Report: Disney to Acquire Marvel for $4 Billion
The gang at Marvel HQ might not have thought they'd ever have a better Monday than the one last year after Iron Man opened to $100 million. Today is at least 40 times better, with reports this morning announcing Disney has bought the comics monolith for $4 billion.
In turn, Disney would acquire more than 5,000 Marvel characters and properties including Spider-Man, the Incredible Hulk, Thor, the X-Men, Captain America and others. It would also inherit Marvel's long-term deal with Paramount (which received an extension last fall) as well as more a la carte relationships with Universal, Sony and Fox. The dynamics of each situation will sound out in the months ahead, as will I presume the burgeoning Marvel theme-park industry. First recommended item of merchandising: Mickey Mouse gloves with Wolverine claws. Developing...
· Disney to buy Marvel for $4 billion [Reuters]
[Photo: NY Daily News]