Disney Buys Marvel

Aug 31, 2009 11:40

Building on its strategy of delivering quality branded content to people around the world, The Walt Disney Company has agreed to acquire Marvel Entertainment, Inc. in a stock and cash transaction, the companies announced today....“We believe that adding Marvel to Disney’s unique portfolio of brands provides significant opportunities for long-term growth and value creation,” [Robert A.] Iger [President and Chief Executive Officer of The Walt Disney Company] said.
Read more: http://www.comingsoon.net/news/movienews.php?id=58547

Hope this turns out great for the Iron Man, but also Marvel, franchise.

Note that any other film studio that has rights to Marvel characters will maintain those rights under the deals they made with Marvel.

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