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Disney bought Marvel Comics for 4 BILLION Dollars.
This could get interesting. IOA anybody?
The Walt Disney Company buys Marvel Comics Company for $4 billion dollars. What can I say, holy moly. This makes Disney a bigger powerhouse then ever before. They now own and have more future content that could lead to Disney being bigger then ever. Movies, TV, On-line, Comics, Theme parks, and toys this is endless to see the possibilities of what happened here.
Here’s a quote from CEO of Disney Bob Iger
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"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. 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."
Ok, now what. What about Universal Studious: Island of Adventure theme park like Spider-Man the ride, The Hulk, and Marvel Island? Also what about the movies, Paramount, Sony, Fox, Universal, Lionsgate all have deals with titles like Spider-Man, X-men, FF4, Iron Man, Punisher, Hulk. Also there’s future titles Avengers, Thor, redo of FF4 how’s that going to jive.
Video games companies like Activision, Sega, THQ, Capcom and Gazillion Entertainment have deals in place like Spider-Man, Iron Man, MMO of Marvel characters, and crossovers games. I wonder how Disney going to handle these deals
All of this looks be to quite a stir. I wonder how the movies and Universal Studious theme park is going to be affected by this.
IGN has a update on the stauts of the movies and games, but not the theme park. HMMM.
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UPDATE: More details were revealed in an investor call this morning. It was announced that Disney XD is likely to be the new home for Marvel-related TV projects. Representatives on the call praised Marvel's existing licensing deals, saying that Marvel has "done a good job at keeping attractive deals in place" and suggested that "those deals stay in place." Deals for Fox's Fantastic Four, Sony's Spider-Man and Paramount's Iron Man won't be affected in the short term but according to Disney representatives, "it would be clearly be more attractive to us if, over time, we became the sole distributor of these films." Still, added Iger, "If it's not broke..."
More interestingly, Disney has reported lots of enthusiasm in internal talks between Pixar and Marvel. The company indicated that co-branding of properties isn't likely but that the two groups are looking "very expansively at all the opportunities."
On the game's front, Disney again praised Marvel's "smart licensing agreements with some of the best video game manufacturers in the business" and offered assurances that games based on Marvel properties will not be exclusively created by Disney. In evaluating "what's best for the company" Disney won't "rule out the possibilities of a blend of licensed games as well as self-produced and self-distributed" titles.
Nah, IOA will just pay out royalties to Disney/Marvel. It's really more like a Miramax partnership type of deal, I think. I mean, it's not like you walk around Disneyland and see a bunch of Pulp Fiction stuff around, not like they're making Miramax Park. I think it's really more about proprietary acquisition, like in the cartoon realm on their XD channel. They don't want to be the ones paying out the royalties to broadcast it, so they decided to buy it out and now have others pay royalties to them. I agree, it may get interesting to see where they go from here.
Darienlakerules
I'm sure disney won't renew for cheap
Stingray
I’m being trying to find something on how this is affecting Universal Studios: Island of Adventure. But it doesn’t look good. Now, I’m been an old school comic book collector from back in the day and I don’t see this that bad for all there properties. But I just can’t see Island of Adventure: Marvel land to continue unless some strange partnership comes out of this. I just don’t think that’s going to happen.
I see Disney acquire of Marvel as a way to get more edgy stuff. This gets the male audience to see more hard core type of properties in the action side. Disney has the rep for being more about tween audience like Hannah Montana, High School Musical, and princess. So, if they can tap in to the male side they got the best of both worlds.
I don’t think we will see Buzz light year team up with Iron Man and fight crime, or Hulk and Donald Duck tear up Epcot, but a cool Pixar Marvel movie would be something I want to see.
I just don’t want to see Spider-Man the ride voted best dark ride be removed. If it has to go from Island of Adventure I just hope come back in all the Disney park. I’m not for Spider-man meets Mickey the ride, I just hope it keeps the properties true to their core. I say get to Island of Adventure now and get all the photo’s, swag, and rides thur you can. It sure looks to be the next target in Universal Studios problems.
Let’s play a game. Guess what land is coming to IOA.
I like to see a Scifi land. like a Battlestar Galactica, The Last Starfighter similar what they are doing at Universal Singapore or A-Team action land. I’m thinking Universal properties only here.
Well here some words by CEO of Disney Bob Iger about Disney acquisition of Marvel.
Good news: Universal can still keep the ride for a while
Good news from Orlando Sentinel. Universal Orlando still be able to keep Marvel Superhero land for a while at least. Scott Powers and Sara K. Clarke of Orlando Sentinel has found filing by Universal at the U.S. Securities and Exchange Commission that as long as the rides are in operation that they have america rights to the rides east of the Mississippi River. Meaning no Marvel rides are going away from IOA for a good while. Which is good news. I don’t see any rides going away to Disney anytime soon. But it leaves me to think that later down the future we could see new land to replace Marvel Superhero land once Disney finds most of the contracts expire down the line later.
Orlando quote.
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Marvel also has various deals with the two-park Universal Orlando. The agreements governing two of Universal's hugely popular rides, The Amazing Adventures of Spider-Man and The Incredible Hulk roller coaster, appear to be virtually perpetual deals. According to Universal's filings with the U.S. Securities and Exchange Commission, Universal Orlando retains American rights east of the Mississippi River for as long as its attractions are in operation.
io9.com has article breaking down the deal Mavels has with the theme park, movies, tv show, toys. Had it relates to the other companies and what Disney might have now and possible future.
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Film
Marvel's current distribution deal with Paramount (Viacom-owned) covers the next five Marvel pictures including Iron Man 2 (2010), Thor (2011), Captain America (2011), The Avengers (2012) and Iron Man 3 (2012/2013). Paramount confirmed the films to be produced under their Marvel agreement. These films would all flow thru to Paramount's new pay TV network EPIX, however, all new properties beyond these would likely flow through Disney's output partner (currently Starz).
X-Men property has been licensed to 20th Century Fox (News Corp. owned) while Spider-Man has been licensed to Sony, which seems to have plans for the next three installments.
Theme Parks
It appears that Universal Studios maintains geographical rights to Marvel IP for as long as they have Marvel-related rides/attractions at the park (unclear if this also includes merchandise that exists within its parks today). In other words, Walt Disney World in Orlando is unlikely to see a Spiderman/Hulk themed attraction for the foreseeable future. The following excerpt comes from Universal City Development Partners' (owner of Universal Studios Orlando) 10-K: "We have geographical exclusivity east of the Mississippi River with regard to the specific Marvel characters we utilize. The license for the Marvel properties does not prohibit its assignment and is for the duration of our use of attractions themed around Marvel characters."
Video Games
THQ: Multi-year deal signed in May 2008 for Marvel Super Hero Squad.
Activision: Deal signed Nov 2005 and goes through 2017 for Spider Man and X-Men
Sega: Multi-year deal signed in April 2007 for Captain America, Hulk, Thor and Iron Man
Toys
Hasbro 10K: "Subsequent to December 28, 2008, the Company entered into an agreement with Marvel that resulted in the extension of the current agreement from the end of 2011 through the end of 2017."
Here's more of the brake down.
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Deadline Hollywood's Nikki Finke has the list of characters specifically licensed for Universal's theme parks:
For starters, here's the main list of licensed characters at Marvel Island inside Universal Orlando's Islands Of Adventure (provided me by Universal): Spider-Man (also attraction), Dr. Doom (also attraction), Hulk (also attraction), Storm (also attraction), Captain America, Cyclops, Green Goblin, Rogue, Storm, Wolverine, "and lots more if you include stores and dining," a Uni exec tells me.
Paramount tells me Iron Man and Thor also are included.
According to other sources, here are the characters by Attractions, Walk Around, and Shop:
Attractions (Characters licensed for the attraction use, but not necessarily for walk-around. Some in the attractions list are also licensed for walk-around, but not all.): Spider-Man, Doc Oc, Scream, Electro, Hydro-Man, Hobgoblin, J. Jonah Jameson, Hulk/Bruce Banner, Dr. Doom, Fantastic Four (as a group, not individually), Storm, Magneto, Professor X.
Walk around and/or Shop: Green Goblin, Cyclops, Rogue, Wolverine, Fantastic 4 (restaurant / walk around), Captain America (restaurant / walk around), Kingpin (shop / walk around), Merch (shop)
Here's their say so about the matter.
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So no movies until 2013, no toys until 2017, and no theme parks or videogames for the big name characters in the foreseeable future, either. What does Disney actually get for their $4 billion right now? Maybe television and comics? Former Marvel editor-in-chief and Disney Adventures creator Marv Wolfman thinks so, even if he's not too hopeful about that whole "comics" thing:
Well it look like IOA Marvel area is here to stay for a while, but if Universal Studios has other plans I would be surprise to see that area go.
I also heard a quote from CEO of Disney Bob Iger as to what possible Pixar and Marvel collaboration going to say that John Lasseter had met with the Marvel team and sparks went off.
Here the link to the io9 story.
http://io9.com/5349561/disneymarvel-what-does-disney-actually-get