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Walt Disney Buys Marvel Entertainment for $4 Billion

500°
265w ago - 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 Announces Groundbreaking Racing Game - Split/Second

200°
290w ago - Last week the video debut for Split/Second was released, and today follows the official press release:

Press Release: DISNEY INTERACTIVE STUDIOS ANNOUNCES "GROUNDBREAKING" RACING GAME - SPLIT/SECOND

Award-Winning Black Rock Studio Creating Innovative New Action-Racing Game Where Speed Meets Strategy in a City Rigged For Destruction

BURBANK, Calif. – (March 11, 2009) – Racing to the finish line takes on added excitement when competitors trigger destruction on the track to take out their opponents. Disney Interactive Studios today announced Split/Second, an intense action racing game set within the world of a hyper-competitive reality television show.

Competitors vie to be the first across the finish line in a made-for-TV city built for destruction, with the ultimate goal of becoming the season champion. Developed by Black Rock Studio, Split/Second is scheduled to be released in early 2010 for the Xbox 360® video game and entertainment system from Microsoft, PLAYSTATION®3 computer entertainment system and Windows-based PC.

Competitors in Split/Second don't just collide with other vehicles to knock them from the track - they can also trigger explosive events...
 

Disney Making New Tr2n Game And Tron Movie Slated for 2011?

50°
295w ago - Disney Interactive Studios is rumored to be developing a brand new Tron game, said to be released to tie-in with the new Tron movie in 2011.

If true, it is certainly going to make a lot of sci-fi geeks and gamers 'of a certain age' very happy indeed.

To quote: Disney releases the sequel to 1982's videogame-themed Tron, currently under the working title of Tr2n, in 2011.

The rumors that a game is also in development emerged from [Register or Login to view links] in Hollywood trade paper Variety, backed up by reports over on The Cut Scene blog ramping up belief in the (not really majorly surprising) rumor that a Tr2n game is in development.





Disney Interactive Studios recently laid off 30 staff at Propaganda Games (the creators of last year's Turok) and have merged two of their six internal developers, Fall Line and Avalanche, to focus on games based on Disney animated films.

Films like Tr2n perhaps? Although we would imagine Propaganda, with its focus on adult-themed games, might be better placed to handle dev duties on this one...

Stay tuned for official confirmation (or denial)...
 

Rumor: Disney to offer official LittleBigPlanet Downloadable Content

50°
317w ago - Thuway, a member of NeoGAF, claims that he has learned at PAX that LittleBigPlanet will have Official Disney downloadable content.

In addition to this revelation, Infamous is targeted for a May 2009 release.

To quote: (BTW- Insomniac, he is seriously one of the most genuine PR guys I've ever met. He is truly a class act.)

Secondly, while the majority of people at the event just play the previews, I like to take time out and actually talk to the developers and get insight into gaming production. I found out some amazing bomb shells, most of which I have my mouth zipped on, but here are two things that won't get me in trouble I hope.

1. LBP will have official Disney DLC.
2. Infamous is targeted for May 2009.

Finally, major props to the editors at 1up, and Bombcast. The Gameworks after party was pretty rad. The guys did a great job of showing that they were gamers, just like you or I, and had a great time treating readers / listeners like peers and colleagues.

I talked to Shane in particular, for God knows how long, oh I know he's reading this and knows who I am. It was like a conversation out of an episode of the 1up Show.
 

Disney Announces Ultimate Band

200°
344w ago - Disney Interactive Studios announced today, Ultimate Band, an all new music experience for fans of the Wii home video game system and Nintendo DS. Gamers and music lovers of all ages will realize their dream of becoming a rock legend when they build their own band or jam alone, all fueled only by the power of the Wii controllers and the DS stylus.

Disney is working with some of the very biggest names in rock, alternative, popular, emo and indie rock music, allowing band mates to play sets from a broad selection of current hits and all-time rock favorites. Friends and families can rock out on guitar, bass, drums or as the front man.

"Ultimate Band invites kids, tweens and teens to join in the jam session," said Craig Relyea, senior vice president, global marketing, Disney Interactive Studios. "And whether they choose guitar, drums, bass or front man, members don't need to buy costly, single-function peripherals to play their way through Ultimate Band's deep song list, dynamic venues, and customizable characters. The Wii Remote and DS stylus are the only tools they'll need to reach rock stardom in Ultimate Band."

Working with leading London-based music consultants, Radial Music, Disney has chosen to combine familiar classics with today's hottest songs in creating Ultimate Band...
 
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