Disney to buy Marvel for $4 billion

mickey_mouseWalt Disney announced this morning that they’re in the process of buying Marvel Entertainment for $4 billion. Once the deal goes through, Disney will take over ownership of 5,000 Marvel characters, including Spider-Man, Captain America, The Hulk and the X-Men. Both Disney and Marvel have approved the deal, but before the deal is finalized, they need the backing of Marvel shareholders and competition authorities. Under the terms of the agreement, Marvel shareholders would receive a total of $30 per share in cash plus approximately 0.745 Disney shares for each Marvel share they own. “We believe that adding Marvel to Disney’s unique portfolio of brands provides significant opportunities for long-term growth and value creation,” Disney president and chief executive Robert Iger said in a statement. “We are pleased to bring this talent and these great assets to Disney.” Marvel chief executive Ike Perlmutter (who is also the company’s largest shareholder) said, “Disney is the perfect home for Marvel’s fantastic library of characters given its proven ability to expand content creation and licensing businesses. 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.” Marvel’s deals with various film companies will continue to be honored, however. For instance, 20th Century Fox will continue with the X-Men franchise while Sony Pictures Entertainment (aka Columbia Pictures) will keep Spider-Man.

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Comments & Discussion

  1. brainchild • September 2, 2009 @ 4:11 AM

    oh nancy, all ways has something to say about anything she find wrong in a response. This is not I spy the mispelled word. Use your commen sence when you come to that misspelled word. your remarks are not funny or in anyway clever! No one really care, except a hand full of people for misspelled words here. Anyway, I think disany buying the marvel company is horrible. I grew up with those comics and would hate to see the films ruined buy a family friendly corrpuration.Aimed at profrting off of little kids parents with there over priced merchidise. I for one will boycott any disany presents(which ever marvel charachter they use). Not all or marvel is kid friendly, alot and alot of the good stuff is much much to dark for disany, and I know they would never try to takle a project like the punisher, daredevil, ghost rider, blade, and any other marvel comic that uses blood and gore to the extreme.
    PS.have fun finding all my mistakes nancy!

  2. Scrappy Coco • September 2, 2009 @ 6:20 AM

    Once again..The beginning of the end for all mankind !! Disney is just in it for the profit to target young males. Disney basically stated that 100% of their shows, movies, etc… target the young/teen female population. With Disney buying out Marvel, now they have something toss in the mix for young males. But like it has been said 100 times before,say goodbye to the 100’s of darker characters that have come out in the day. It would have better for Marvel too sell to another company who would keep their orginals the way they are…such as DC comics. I guess when it comes down to it, its all about the bling bling.

  3. Gman • September 2, 2009 @ 8:14 AM

    A sad day for all comic book fans. The fact that Marvel, a strong force on its own, would join the likes of Disney is a shame and a sell out move.

  4. Nancy • September 2, 2009 @ 8:23 AM

    Brainchild (or should I call you ‘beast’? haha): I’m not the one who always has something to say about others spelling on this website….that’s Jo-WAnne’s job. Hence my above comment:

    “I’m just wondering where the spelling and grammar police are!” And don’t forget my sarcastic little grin ” 😉 “

  5. QUEENGREATEST • September 2, 2009 @ 11:32 AM

    »Very INTERESTING news,indeed!!! 🙂 DISNEY ROCKS!!!!!!!!!!!!! Aah!!!

  6. Jason • September 3, 2009 @ 2:18 PM

    I’d play a Disney vs Marvel video game.

  7. Hillary • September 16, 2009 @ 10:41 AM

    Actually it just might work out, we can all hope. Disney and Marvel have been around for a long time, I think they know what they are doing.

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