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Monday, August 31, 2009

[UPDATE] Special Announcement: Disney to acquire Marvel Entertainment

Disney is in final negotiations to acquire Marvel Entertainment, as was reported in a press release this morning, for a stock and cash transaction worth about $4 billion. Read the full press release here.

What I am curious to know is how this will affect the Marvel Entertainment movies, which are all already set up at different studios. (X-Men at 20th Century Fox, Iron Man at Paramount and Spider-man at Sony). Those three studios all have movies with those characters in various stages of development. I don't think they will change distributors, but they will likely have to pay character royalties to Disney.

[UPDATE] Well, it looks like I have my answer. According to an article recently published on Tribute.ca, Marvel's deals with different film companies will continue to be valid.

-John C.

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