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Disney buys Marvel
Disney to buy comic book powerhouse Marvel for $4B - Yahoo! News
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http://img242.imageshack.us/img242/3...lviemickey.jpg This seems like a really strange pairing. Especially now that Marvel was just starting to get it's stride at making movies that can actually be taken seriously by adults. It also makes me wonder what is going to happen to Universal Studios, because Marvel is a major part of their operations. What do you think? |
Weird since just a few years ago they refused to even consider an offer of $3 billion from a private firm and now, after finally making some good movies they accept $4 billion.
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Oh good God almighty!!
Are the Marvel people nuts?! Disney as a company are soul-stealers! |
Eh, they own Pixar and Pixar's still on track. It's probably more about the T-shirts.
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My first reaction was to throw up in my mouth a little bit.
My thought is this: Marvel is not a huge company. They have a number of very large film projects they want to make in the next few years (and more after that if they are a success). In order for a company of their size to make a $100 or $200 million dollar film they need help with the financing. The banks and financial institutions are not lending these amounts as easy as they might have done a few years ago (at least not with substantial fees and interest). A company like Marvel would have to cut a deal with one or more studios to finance these pictures. In doing this, the studios will extract as many rights as possible, and by extension, profits. While this will let them make the films, the profits will not be as great if they had financed it themselves. In the world of media rights, ownership is everything. For Marvel, being a part of a studio means vertical integration (i.e. creative, production and distribution are all under one aegis) and this means greater profits. The difficulty here is trading profits for creative control. |
Hey, if it leads to a Pixar/Marvel crossover, I'm all for it.
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I dunno. This screams buying high to me. We've lived through about a decade of superhero movies being about the highest grossing entertainment on earth. Marvel has reaped huge sums. But past performance is no guarantee of future returns. There's no particular reason why all the future Batmans and Spider-Mans have to make tons of cash. All the popular Marvel characters have gotten movies already. I can easily forsee the public tiring of a confusing Avengers movie with 10 different characters, etc.
I find it hard to believe this will wind up being a good deal for Disney. Marvel is at what is probably its absolute peak in value, or close to it. |
Yeah, but then Disney will own the rights to all of these superheroes and will more than likely run them into the ground like they do their regular cartoons.
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They are also looking at how they can integrate the characters into their theme parks...
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Meanwhile......Like I said in the OP, I was wondering what was going to happen to Marvel Super Hero Island @ Universal Studios. Well it looks like things will remain as is.....for now. Disney vs Universal for Marvel Theme Park |
Please don't tone down the mature content.
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The line I keep reading is that they will honour all contracts until the end of their current terms. This will be relevant for distribution rights for their filmed properties but will also likely apply to the theme parks.
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Great - now we'll all have to put up with even more blatant crawl ads on ABC shows
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Marvel-related Pixar movies might be amazing.
So what happens to "Spiderman: The Ride" at Universal? |
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That's gold.
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Beast vs. Beast, I gotta give the edge to . . .
The Beast? |
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This is the latest from a trade I read. I don't think it will kill the deal but it decrease the value of the deal in the long run if they can't use, or have to pay additional fees to use, the Kirby-created characters.
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There are many but some of the bigger ones are:
Xmen Captain America Iron Man Beast Galactus Dr. Doom Fantastic Four Thor Nick Fury |
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Captain America and The Red Skull The Fantastic Four (Mr. Fantastic, The Human Torch, The Thing, The Invisible Girl) and their enemies (Doctor Doom, Galactus, The Skrulls) Silver Surfer The Hulk Thor and Loki (or atleast Marvel's take on him) Nick Fury Iron Man The original X-men (Cyclops, Jean Grey, Beast, Iceman, Angel, Prof. X) along with Magneto and the original Brotherhood. Basically about 90% of the big names in the Marvel Universe could be involved. Spider-man, and Wolverine would be two of the big names that wouldn't be affected. This really bugs me. These characters were created as a work-for-hire. |
Why does it bug you? The law has recently recognized similar claims for the creators of Superman.
My feeling on this is that Marvel/Disney will retain the right to use these characters but will have to share in a portion of the profits with the Kirby estate. Even Disney is reporting that they saw this coming and have accounted for it in their business model. |
I disagree with that ruling too. They were payed to do a job, that job was to create a comic including creating new characters.
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Regarding Superman... it is not accurate to say that Shuster and Siegel created Superman as a for hire character. They created Superman and then sold him to DC. It's also a little more complicated than that: Superman - Wikipedia, the free encyclopedia
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This will have to be a "wait and see", I hope they don't ruin what Marvel had going on, but it is Disney...
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Would you guys feel the same way if it was Stan Lee rather than Jack Kirby taking these actions?
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Did you know for example that any time an artwork is re-sold within the EU, if the artist is still alive, they are entitled to a defined portion of the proceeds - I forget the exact number, but I believe it's in the region of 5-10%. If this logic applied to creative work for hire, if you created a superhero "on the clock", and then your employer makes millions by selling reproductions of your drawings, or making a movie of your character, you would automatically be cut into a percentage not of the profit, but of the gross! |
Daniel_ I think we are looking at this issue the same way while others are suggesting that Kirby and his estate deserve nothing.
I would say that even a work for hire should receive a royalty on their creation. The issue is what was Kirby's original contract and how does the law view the terms of that agreement? Ultimately, I don't think this is going to do anything other than compensate the Kirby estate. Disney Marvel will still be able to move forward with the properties. They will just have to adjust the payout schemes. In the end? It will be a wash. I know quite well how distribution/production agreements work and they always work in favour of the distributor/producer. Always. |
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