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When You Wish Upon A Comic

marvelThe stock market isn’t usually a topic we’ll cover here on BurnAllZombies, but this latest news is something we just couldn’t ignore, the news that Disney have acquired Marvel Entertainment in a stock and cash transaction worth approximately $4billion. That’s…a lot more money than I can count.

Robert A. Iger, President and CEO of The Walt Disney Company had the following to say:

This transaction combines Marvel’s strong global brand and world-renowned library of characters including Iron Man, Spider-Man, X-Men, Captain America, Fantastic Four and Thor with Disney’s creative skills, unparalleled global portfolio of entertainment properties, and a business structure that maximizes the value of creative properties across multiple platforms and territories.

Interestingly enough is Iger’s mention of “entertainment properties,” highlighting Marvel’s value as more than just a comic book company, but also with big-screen potential (and much more) as well.

It’s an interesting development, and there’s some more information that I’d like to know before deciding on whether it’s a good deal or not. On the upside, this gives Marvel much more money to work with, potentially giving them the buying power they need to buy back film rights for the Spider-Man franchise from Sony, or mutants and the X-Men from Fox. But there’s also a point where we have to wonder just how much influence Disney will have over Marvel’s publishing division, and we can only hope that the company’s comics remain free to publish as they have been for years. But given the recent merger between Disney and Pixar, with both companies remaining free to operate individually, we can hope that there won’t be any adverse effects.

The full press release will be due later today, but until then, you can check out just what Marvel have to say about it themselves.

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  1. Hedgie
    August 31, 2009 at 5:24 PM

    I see no good coming from this.

    • morethinking
      September 1, 2009 at 5:22 AM

      Seriously.

  2. morethinking
    August 31, 2009 at 4:08 PM

    Holy crap.

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