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Disney acquires Marvel Entertainment for US$4 billion.

Started by Silver Knight, 31-08-2009

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QuoteCHICAGO (MarketWatch) -- Walt Disney Co. /quotes/comstock/13*!dis/quotes/nls/dis  (DIS  26.26, +0.22, +0.85%)  said on Monday it has reached a deal to acquire comic book titan Marvel Entertainment Inc. /quotes/comstock/13*!mvl/quotes/nls/mvl  (MVL  48.50, +0.13, +0.27%) for $4 billion in stock and cash. In a statement, Disney Chief Executive Bob Iger said "adding Marvel to Disney's unique portfolio of brands provides significant opportunities for long-term growth and value creation." Marvel shareholders would receive a total of $30 per share in cash plus approximately 0.745 Disney shares for each Marvel share they own. At closing, the amount of cash and stock will be adjusted if necessary so that the total value of the Disney stock issued as merger consideration based on its trading value at that time is not less than 40% of the total merger consideration. Under the deal, Disney will acquire ownership of Marvel including its more than 5,000 Marvel characters, including The Fantastic Four, Spider-Man, the X-Men, The Incredible Hulk and Iron Man, all of which have been turned into highly valuable feature film franchises. Ike Perlmutter, Marvel's CEO, would continue to oversee the Marvel properties, and work directly with Disney executives to integrate them into Disney's businesses.

http://www.marketwatch.com/story/dis...-4b-2009-08-31

I really like Marvels movies, i think everyone does... i hope this doesn't change how they make them, because Marvel actually potray a decent amount of violence and setbacks (Bad guys actually get killed, whereas disney don't let anyone die...)

official press release from Disney:
http://corporate.disney.go.com/news/corporate/2009/2009_0831_DISNEY_AND_MARVEL_ENTERTAINMENT.html

Quotebreslau: if i cant cheat i dont wanna play
breslau: period

Disney now owns all this:

Divisions

    Marvel Toys (formerly Toy Biz): a toy company owned by Isaac Perlmutter since the 1990s.
   
    Spider-Man Merchandising, L.P.: A joint venture of Marvel and Sony Pictures Consumer Products Inc. that owns the rights to Spider-Man movie related licensed products.
   
    Marvel Characters B.V. (The Netherlands)
   
    MVL International C.V. (The Netherlands)
   
    Marvel International Character Holdings LLC (Delaware)
   
    Marvel Entertainment International Limited (United Kingdom)
   
    Marvel Property, Inc. (Delaware)
   
    Marvel Internet Productions LLC (Delaware)
   
    Marvel Toys Limited (Hong Kong)
   
    MRV, Inc. (Delaware)
   
    MVL Development LLC (Delaware)
   
    Marvel Film Productions LLC (Delaware)

Subsidiaries

   
    Marvel Characters, Inc.: intellectual property holding company;[/list]
       
      Marvel Publishing, Inc.: publisher of Marvel Comics;
       
      Marvel Studios: a film and television production company;
       
      MVL Film Finance LLC: holder of Marvel's Movie debt and theatrical film rights to the ten characters as collateral.
       
      Marvel Animation: Subsidiary charge with oversight of Marvel's animation productions.
       
      Film Slate Subsidiaries”
                o MVL Rights, LLC: subsidiary holding movie rights of all Marvel Characters with some on contract with MVL Film Finance
                o Iron Works Productions LLC: subsidiary holding debt to finance the Iron Man movie.
                o MVL Productions LLC: an indirect wholly owned a film development subsidiary
                o Incredible Productions LLC (Delaware): subsidiary holding debt to finance the Incredible Hulk film
                o MVL Iron Works Productions Canada, Inc. (Province of Ontario)
                o MVL Incredible Productions Canada, Inc. (Province of Ontario)
       
      Asgard Productions LLC (Delaware)
       
      Green Guy Toons LLC (Delaware)
       
      Squad Productions LLC (Delaware)

    Quotebreslau: if i cant cheat i dont wanna play
    breslau: period


    I think think they will interfere too much, but I can sense a lawsuit may come up if they do.


    Quote from: Zero on 04-09-2009
    I think think they will interfere too much, but I can sense a lawsuit may come up if they do.

    Well they are going to get full ownership pretty much... so they can do as they like.

    Quotebreslau: if i cant cheat i dont wanna play
    breslau: period

    Well I'm sure they won't interfere with how they do things, its hero stuff, other people die from hero stuff, ITS NATURAL...