Marvel Entertainment Purchased by Disney
by Honk Mahfah on Aug.31, 2009, under Comics, Disney Parks, Movies, Universal Parks
According to Variety, the Walt Disney Co. has purchased Marvel Entertainment in a $4 billion deal.
Assuming that the deal is approved by Marvel shareholders, Disney will now own popular characters such as Spider-Man, the X-Men, Iron Man, the Hulk, Captain America, and the Fantastic Four, amongst many, many others.
It is not immediately clear how this move would affect the various film franchises Marvel has in the works (such as the Iron Man films and the upcoming Thor and Captain America movies) or the licenses to Marvel-based movies owned by other studios (such as Spider-Man and the X-Men).
It is also unclear how this would affect the theme park license Universal owns on the Marvel characters.
