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Disney set to Acquire Marvel Entertainment

marvel_logo WOW!!  This is big news in the entertainment industry that is breaking today.  The Walt Disney Company is set to acquire Marvel Entertainment and it’s 5,000 characters (Spider-Man, Captain America, Thor, Wolverine, etc) for 4 Billion dollars. 

Press Release: http://www.newsarama.com/comics/090831-disney-acquire-marvel.html

Why am I posting about this on a Media Center blog?  Because at the end of the day one of the main reasons we car about Media Center is because we like to enjoy great content and recently a lot of that has come from the House of Ideas.  Raise you hand if you have Iron Man, Spider-Man, Fantastic Four, X-Men or any other Marvel Entertainment movie in your collection.  I’m sure most of you have at least one of those.

This deal has huge ramifications on what I like to call the “Ultimate Super Hero Movie Plan”.  After losing out on a lot of the Spider-Man money that Sony Pictures uses to wallpaper their studios with Marvel decided to create it’s own studio and self-finance the rest of their movies.  The first two were Iron Man and the Incredible Hulk.  Based on the performance of Iron Man alone Marvel announced the “Ultimate Super Hero Movie Plan” which would see them releasing a movie a year starting in 2010 (Iron Man 2, Thor, Captain America) that culminated in a big crossover Avengers movie.  

So with the Disney buyout the big question is what happens to these movies?  Do they proceed on the current plan and ride out their current distribution deals?  Do they get renegotiated so that Disney/Touchstone can distribute them and reap all the upcoming rewards?  What happens?  Personally as long as they don’t mess with the schedule I do not care.

This deal has a huge positive in that now Marvel has the weight and financing of a big Hollywood studio behind it.  If they can successfully bring all the properties back in house then we could have some awesome crossover movies that really push the Super Hero genre movie forward.  Of course that is assuming that Disney has learned lessons from the Pixar deal and lets Marvel do what they do best on their own.  Time will tell.

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One Response

  1. I love disney world I'm glad they made this move.

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