Disney to Buy Marvel for 4 Billion Dollars!
By Krystal Clark
Don’t do it Marvel! According to THR, Disney Studios have announced plans to acquire Marvel Entertainment for a hefty 4 billion dollars. The family friendly power house is going after the comic based company that has a catalogue of over 5,000 characters to choose from. Could you imagine Mickey Mouse and Wolverine duking it out? Once this is said and done Disney will have access to some of the most recognizable characters in pop culture history.
Disney President and Chief Executive Robert A. Iger believes that the acquisition of Marvel is not that different from when the studio bought Pixar a few years ago. He believes the combined assets of both companies will be worth more together than apart.
“We believe that adding Marvel to Disney’s unique portfolio of brands provides significant opportunities for long-term growth and value creation.”
What does Marvel have to say about this pending merger? According to CEO Ike Perlmutter, they’re thrilled! “Disney is the perfect home for Marvel’s fantastic library of characters given its proven ability to expand content creation and licensing businesses.” With this new deal “Marvel shareholders would receive $30 per share in cash plus about 0.745 Disney shares for each Marvel share. Overall, the deal is valued at $50 per Marvel share as of Friday’s closing price.”
Both companies have agreed to the above business plan, and look forward to working under the same umbrella. I’m a little on the fence about this, because in my mind I have Disney and Marvel on opposite sides of the spectrum. Both companies bring something unique to the table, but it will take a while for me to get used to seeing the Disney logo in front of a Marvel film. That will be weird.
What do you think about the Disney – Marvel merger?
Monday, August 31, 2009 10:31AM
[...] this morning we posted a story about the merger of Disney Studio’s with comic book giant Marvel Entertainment. Disney sent out a press release stating their plans to [...]
Monday, August 31, 2009 8:46PM
[...] major film studio seems to be staking claim to their Marvel stock. After the merger of Disney with the comic company it feels like the other companies have been put on notice. Marvel pimped out [...]
Thursday, September 3, 2009 9:36AM
[...] that the initial fall out over the pending Disney-Marvel merger has worn off, this is the perfect time to make light of the situation. While scouring the [...]
Monday, September 7, 2009 11:09AM
[...] is currently under the Disney umbrella along with several other companies including the recently acquired Marvel Entertainment. But way before Woody, Nemo, or Sully ever touched the screen, a small studio [...]
Tuesday, September 8, 2009 9:18AM
[...] the initial shock from the Disney-Marvel merger wore off, people began to wonder what properties would be effected. The greatest fear is [...]
Wednesday, September 9, 2009 12:09PM
[...] They’re somewhat of a separate entity now. It’s hard not to wonder if the recent Disney-Marvel merger had something to do with the studio’s major company shift. The timing of this is rather [...]
Friday, September 11, 2009 5:36PM
[...] the current climate of Marvel Entertainment being so shaky, fans want to know what’s going on with their favorite comic based franchises. Two titles at [...]
Tuesday, September 15, 2009 4:44PM
[...] go overboard. This is an interesting move on the part of both Warner Bros and Universal. With the recent merger of Disney and Marvel, this could be Universal’s way of becoming less dependent on their Marvel based [...]
Tuesday, September 22, 2009 12:50PM
[...] is a brave move for Archie Comics considering who they’re up against. Marvel has been gobbled up by Disney, and DC has given birth to DC Entertainment, and now they team up with CAA? Sabrina the Teenage [...]
Thursday, April 22, 2010 10:19AM
[...] lot of money but it’s chump change to a major studio. Remember Disney bought Marvel for around $ 4 billion dollars, they’ve got the money. Even though the fanbase for some of these characters aren’t as [...]