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Site Tags: walt disney buys marvel entertainment $4 billion
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The worldwide leader in family entertainment is about to get a great deal more entertaining, as the Walt Disney Company agrees to acquire iconic comic book company Marvel Entertainment for $4 billion.

More than 5,000 iconic comic book characters will soon be in the hands of Disney, raising serious questions about the future of Marvel video game titles from Activision, Sega, THQ, and the upcoming MMO from Gazillion Entertainment.

Under the terms of the agreement, Disney will pay Marvel shareholders $30 per share for their Marvel stock, plus .745 of a share of Disney stock for each share they own.

To quote: "This transaction combines Marvel's strong global brand and world-renowned library of characters including Iron Man, Spider-Man, X-Men, Captain America, Fantastic Four and Thor with Disney's creative skills, unparalleled global portfolio of entertainment properties, and a business structure that maximizes the value of creative properties across multiple platforms and territories," said Robert A. Iger, President and Chief Executive Officer of The Walt Disney Company.

"Ike Perlmutter and his team have done an impressive job of nurturing these properties and have created significant value. We are pleased to bring this talent and these great assets to Disney."

That's Disney's say on the matter, and here is Marvel's, from the official press release:

"Disney is the perfect home for Marvel's fantastic library of characters given its proven ability to expand content creation and licensing businesses," said Ike Perlmutter, Marvel's Chief Executive Officer.

"This is an unparalleled opportunity for Marvel to build upon its vibrant brand and character properties by accessing Disney's tremendous global organization and infrastructure around the world."

Both companies have approved the deal, though it still has to clear the Hart-Scott-Rodino Antitrust Improvements Act and various regulatory committees before it can be finalized.

Once finalized, Marvel's Perlmutter will continue to oversee Marvel's properties, working with Disney to help integrate the two properties across multiple lines of business.


Walt Disney Buys Marvel Entertainment for $4 Billion

Posted 82 days ago      8 Comments      PermaLink


Comments

#1
By Mexicodude908 on 12 weeks ago:
this sux, now spider man will involve a much loving and caring dad. mary jane will have small breasts lol and spiderman will exploit kids for profit noooooo

#2
By xxLindenxx on 12 weeks ago:
yea, this sucks. :(

#3
By Zhar on 12 weeks ago:
A part of me just died :(

#4
By RadioactiveSoup on 12 weeks ago:
Spiderman: Best of both worlds... Anyone?.... Anyone? :(

#5
By imtoodvs on 12 weeks ago:
Warner bros. & DC, a very dynamic partnership
Disney & Marvel, .....epic fail

Although this could be VERY BIG if Disney doesnt step in & "water down" what Marvel has going right now.

here's a thought

Disney's
X men Origins II: Magneto in the Magic Kingdom

#6
By exzile2 on 12 weeks ago:
Are you guys really that dumb? You do realize that Disney owns Miramax and Touchstone pictures? They made Pulp Fiction, No Country for Old men, Kill Bill, Trainspotting. Do you guys get the picture?

They will not water down Marvel. Marvel needed a heavy hitter behind them and they got it with disney.

You guys need to open your eyes and think past mickey mouse.

#7
By poch on 11 weeks ago:
idk.. do you guys really think that disney could handle this type of series/animation? they are SO different from what they've ever done..

#8
By shani9099 on 10 weeks ago:
I don't think it is as bad as you guys think..

We all know that Disney has brought animation to this world in very successful way. I don't think Disney will ruin all the fame and work of Marvel.



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