Disney Buys Marvel Comics For $4 Billion Cash, Stocks
Posted on Aug 31, 2009 @ 10:55AM
WENN/Camera Press/Jerry Watson/Retna
Don't be surprised to see Spiderman weaving his webs through Space Mountain in the near future: The Walt Disney Company has acquired Marvel Entertainment, Inc. for $4 billion in cash and stocks, both companies said Monday.
The deal means popular Marvel characters, such as Spiderman, Iron Man, The X-Men, Captain America, The Fantastic Four and Thor will now be handled by Disney.
Ike Perlmutter, Marvel's chief executive officer, said the deal opens countless doors for merchandising money.
"Disney is the perfect home for Marvel's fantastic library of characters given its proven ability to expand content creation and licensing businesses," he said.
- Whitney Houston's Life in Pictures — Zap2It
- Rihanna & Katy Perry Get Frisky At The Grammys — Global Grind
- A Look at Hollywood's Hottest Men & Their Adorable Dogs — Celebuzz
- Beyonce Remembers Whitney In A Touching Statement — Global Grind
- Adele at the Grammys: Singer Wins Best Album, Goes Six For Six On The Night — Huffington Post
- Whitney Houston's Daughter Bobbi Kristina Allegedly Rushed To The Hospital — The Frisky
- Click Here & Join Our Facebook Page — Facebook
That is a huge score. But, $4billion for a comic book company. WoW
Posted Mon, 08/31/2009 - 2:37pm
I guess this means Universal Theme Parks will be paying hefty licensing fees to Disney!!
Posted Mon, 08/31/2009 - 12:14pm
WOW, Big Score for Disney
Posted Mon, 08/31/2009 - 10:12am