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Armani

Disney Buys Marvel

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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.

"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.

We're staying on top of the situation, with calls out to Disney, Marvel, Activision, THQ, and Sega for comment on what effects this move will have on Marvel-based video game properties.

http://kotaku.com/5349341/disney-buys-marvel-for-4-billion

Wtf :huh:

Edited by Armani
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Damn that's a shame...Disney hasn't produced a good animation movie since Toy Story and Lion King.

Not true. Every Disney/Pixar movie that has been put out, has been an amazing smash hit. And there have been quite a few in the past few years.

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I love Disney but I'm afraid that it will ruin the whole comic idea. Disney is more of a family company that produces shows and movies made for the children environment. I'm not exactly sure if this could work out in a way that the Marvel fans would like.

All we can really do is hope for the best, I suppose.

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