Disney Completes Marvel Acquisition

Deal expected to strengthen Disney's position as a leading global provider of high-quality branded entertainment and build long-term shareholder value.

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Deal expected to strengthen Disney's position as a leading global provider of high-quality branded entertainment and build long-term shareholder value.

Advancing its strategy of delivering great branded content to people around the world, Robert A. Iger,  President and Chief Executive Officer of The Walt Disney Company (NYSE:DIS) announced today that Disney has completed its acquisition of renowned character franchise company, Marvel Entertainment Inc (NYSE:MVL).

"We're thrilled to welcome to the Disney family the talented team at Marvel," said Iger. "We believe the creative and business potential of this combination is substantial and can help us grow both our top and bottom line, leading to a significant increase in long-term shareholder value."

Under the terms of the agreement and based on the closing price of Disney on Thursday, December 31, Marvel shareholders will receive a total of $30 a share in cash, plus approximately 0.7452 Disney shares for each Marvel share they own.  

Marvel's assets include a library of over 5,000 characters featured in a variety of media over 70 years and businesses, including licensing, movie production and publishing.

About The Walt Disney Company
The Walt Disney Company, together with its subsidiaries and affiliates, is a leading diversified international family entertainment and media enterprise with five business segments: media networks, parks and resorts, studio entertainment, interactive media and consumer products. Disney is a Dow 30 company with revenues of approximately $36 billion in its most recent fiscal year.

Forward-Looking Statements:
Certain statements in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of the current expectations of the Company regarding future events and are subject to significant risks and uncertainty and the Company undertakes no obligation to update or revise these statements.  Actual results may differ materially from those expressed or implied.  Such differences may result from actions taken by the Company, including restructuring or strategic initiatives (including capital investments or asset acquisitions or dispositions), as well as from developments beyond the Company's control.  Detailed factors that may cause results to differ materially from those described in the forward-looking statements are set forth in the Annual Report on Form 10-K of the Company for the year ended October 3, 2009 under the heading "Item 1A-Risk Factors," and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by the Company.

 

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35 comments
ldrd
ldrd

I am really disappointed in marvel for selling out to disney, but as long as disney doesn't screw up the comics and lets marvel do there thing, then i guess it might be ok. i mean disney=$$$$$ so the movies should be really good now, but still disney sucks! now hannah montana will fight with avengers or something and there will be a whole series of donald duck vs howark the duck. disney is stupid!!!!!!!!!!!!!! :nightcrawler: :dead: :thor: :x-men:

Tirliwig
Tirliwig

unless ime mistaken disny owns mirrormax films since at lease 2000. in that time they have released omong others kill bill, gangs of new york, master and comander, no contry for old men, there will be blood and many otheres yes some of them where faml films but that list and more were not the point of this list is There is no garentee that disny will destry marvel and kiddyfie it so why worrie untill they do. also as far as the films go i like the majoraty of the films on that list more than some of the marvel films that have been put out to date (ok mostly by other componys) so i am hopefuull they can get some of teh talent that mirrormax have to improve the marvel films franchise. in short iam waghting to see what this deal does for now

spidey398
spidey398

Let me start out by saying I am not completely versed in the marvel storylines and characters, I got into the marvel comics by watching the movies. But I think I can say that disney will have comics with marvel characters in them (which will always give me shivers when I see the disney logo and then see the punisher or deadpool on the cover) Or the disney logo coming up right after the marvel logo in the theatres (again shivers) But I don't think that it will change that much (although we may see a kingdom hearts vs. avengers crossover, although I hope not) Again I am not a complete marvel fan so my opinion is way different than most other peoples :dead: :punisher: :MICKEY?:

Spawn_Guy
Spawn_Guy

[quote@Marvelfan1959 I seriously doubt Disney would be that stupid enough to do any crossovers guys, like Spider-man teaming up with Mickey mouse, so give it a rest. I do however think Disney will kiddy up the comics.[/quote] Right. Let's ignore the recent Gargoyles comics where Goliath gets stabbed in the midsection. Or the spin off Bad Guys, featuring Tasha, an innocent woman mutated into an armadillo woman and hangs herself in her cage rather than spend the rest of her life like that.

SonofSkaar
SonofSkaar

[quote@Marvelfan1959 Well isn't this just *ucking wonderful. Now you're going to see that friggin Disney logo on all the comics and movies. Now when they advertise a movie like "Spider-man 4" they're going to say "Disneys, Spider-man 4"I always hated Disney. Now you'll see, no matter what they say slowly but surly they're going to kiddy up the comics. Then if you see a drop of blood in the comics, the soccer moms are going to sue them and go on Oprah saying how much it traumatized their children.[/quote] What was stopping soccer moms from being offended before? Also, what's wrong with comics targeted to kids? They have to start somewhere.

atomega07
atomega07

:dead: Disney is in it for the toys and movies not the comics. However in concern for the upcomming films Disney will have nothing to do with the production of Thor, Captain America or The Avengers. Its about 2 years from now that we will see some minor, or if at all some changes movie wise.

Marvelfan1959
Marvelfan1959

[quote@TheBoogalou Since Day 1 I have been feeling nautious over this whole thing. I cannot express how disappointed I am in whoever it is at Marvel that is responsible for this. I firmly believe that this is a mistake and that Marvel should've at least consulted the fans before making any decisions. All or most of these fans share my sentiments, I'm sure.[/quote] 100% true. Can't agree with you more.I seriously doubt Disney would be that stupid enough to do any crossovers guys, like Spider-man teaming up with Mickey mouse, so give it a rest. I do however think Disney will kiddy up the comics.I always disliked Disney and I am disgusted at Marvel at the moment. Selling themselves out like that.

HeroxMatt
HeroxMatt

Welcome to the boards, melvinneo! Good to have you here. :grin:

obi-wankenobi
obi-wankenobi

my first reaction is that of discust... the last thing I want to do is pick up a bunch of comics and see the Disney Logo all over them then read them and find out that they're just a series of randomized princess storieshowever, I don't think that Disney is dumb enough to destroy what Marvel already has going, it would simply be a bad business move. At the time that I'm writing this, I've seen at least four poasters who have come to the message boards for thier first time to express their outrage with just the idea that Disney is taking over Marvel. That's a heavy responce, and I have no doubt that if Disney decides to make the Marvel comics go in a Disney direction, then Disney isn't going to be able to get their money back on this aquisition. And don't let anybody fool you, this is about money, it always is. And think about it, what can they do that won't cost them money? if they change the characters, the fans will stop buying them. if they make the comics more expensive, they'll stop selling, most of the people I know that buy comics, including myself, will not be able to afford them if they get any more expensive. And they'll have to keep the movies as great as Iron Man was, or they'll begin to flop.So it is upsetting that a coropration like Disney is taking over Marvel, but I don't think that Disney is dumb enough to do anything with the characters you love, but be weary, I've been wrong before

melvinneo
melvinneo

Dammit... 3 words.. Marvel Sold Out!! :cyclops:

Forrestongirl97
Forrestongirl97

That's just down right BOGUS! Marvel's awesome and disney is too, but, i mean, Marvel should stay marvel and disney should stay disney.Are the movies just gonna be paired up with disney or is it everything? Like, comics and characters and all that kind of stuff. Cause if there's gonna be donald duck in marvel comics i am SOOOOO gonna flip out.man.... DISNEY!?!... bogus, dude, just plain bogus. :roll:

CloakedDagger
CloakedDagger

[quote@CaptainAmerica1945 You are all blind to the truth. Disney won't mess it up. Marvel wants this to happen. It is purely a stock market thing not a "Let's change the company so that it is kiddified."[/quote] This

CaptainAmerica1945
CaptainAmerica1945

You are all blind to the truth. Disney won't mess it up. Marvel wants this to happen. It is purely a stock market thing not a "Let's change the company so that it is kiddified.

mangekyousasuke666
mangekyousasuke666

[quote@TheBoogalou Since Day 1 I have been feeling nautious over this whole thing. I cannot express how disappointed I am in whoever it is at Marvel that is responsible for this. I firmly believe that this is a mistake and that Marvel should've at least consulted the fans before making any decisions. All or most of these fans share my sentiments, I'm sure.[/quote] just like he said makes me f'n sick.

wolva12
wolva12

this is so incredibly wrong. what are they going to do to our favorite characters? make Wolverine's claws like safety sissiors?

Bladelam
Bladelam

The press release alone is enough to leave a bad taste in my mouth. I despise corporate-speak.

WestRaz
WestRaz

Spider-man the musical is all radey out there bane, so they would be too late to make that!I have higy hops for now, in the end can disney do anything more then the dumb moves then marvel has dune? lits kill the punsher turn hem in the an angle give hem an, "angle gun" that cant kill any one, then kill hem aggen and turn hem in to franstine ALL MARLE fokes

Bane
Bane

Disney isn't known really for its great story telling. It just adapts already existing stories and polishes them good. Honestly, Disney hasn't put out that much effort into making good animated movies until the Frog Princess. They have failed, do you know why? Because you make a name for yourself and then you stop trying. Just like Cartoon Network at first sucked you in with the promise of cartoons and then show you tons of live action kiddy shows. Live action! It's stupid, but it's true. What they say and do are two diffrent things. You will get more Super hero squad and less maxx and marvel knights. No more extra gory Werewolf by night. You can pretend it's a money game and that Disney will have nothing to say, but they will. Just like when Hasbro pretended to make normal action figures for a few months, then unleashed the true plan of 'tiny' figures for the same dollar value. You just get less content. They go about what now, ten dollars a fig?The same will eventually happen here. Companies don't buy eachother out with only the purpose of leaching. If Marvel has a bad quarter or some other issue pops up. You better believe big brother Disney is gonna force it's hand. And they will go with what makes them money. It's gonna be Disney channel hanna montanna style exploitation of marvel. And you thought the Spider-man musical was gay....

skulloflamb
skulloflamb

FAIL cannot become any more epic or ultimate. FAAAAAAAIL.

donaldsykes1979
donaldsykes1979

I personally think this is great. As has been said Disney has more money to back Marvel movies, etc than Marvel did on their own. I seriously doubt Disney would screw with Marvel they're even airing Spectacular Spider-man so I doubt they'll kiddify the cartoons either as some have been worried about.

CaptainAmerica1945
CaptainAmerica1945

Come on people! This could be a great thing. Disney=$$$$$ + Marvel=Ideas =More movies with bigger budgets. Face it Disney more of a GIRL orriented thing. They need GUY stuff so now they have Marvel to help out. Plus they arent going to change what marvel does. They bought Marvel because they(MARVEL) was doing a good job. They won't mess it up.

th3warr1or
th3warr1or

Disgusting and disappointing. Sucks that Marvel is now in the same family as Hannah Montana...

fuzzybuggy1996
fuzzybuggy1996

gezzz i cant belive you marval now you guy probal cant mack pg 13 movies any more and sure it may help disney but not marvel the other point i have to make is what about mei write fan fics on quizzela.teennick .com and the work with nick so its just kinda weried to write a fan fic on a cite that works with nick and nick and disney dont like each other

Jayenator565
Jayenator565

As long as they don't change anything into disney like makin Mickey Mouse an Avenger r somethin' like tht I'm kewl but they better leave fox to do the wolverine origins sequel movie. :x23: :gambit: :dead: :domino:

LadyStardust
LadyStardust

I know this may be hard for everyone to believe, but Disney is more than just Mickey Mouse and Princesses. Check out all the OTHER media companies they own which don't indicate hide-nor-hair of of the Mouse. Also, Disney is not stupid. They're not planning on taking a company that already has a huge built-in fanbase and alienate them. Hello! You guys throwing your money at Marvel will now be throwing your money at Disney. Do you think they want you to stop or something?Disney owns a plethora of other companies, including ESPN, for which the only obvious indication is that they hold ESPN weekend at Hollywood Studios in Walt Disney World, and Miramax Films, whose roster includes Kevin Smith and Quentin Tarantino films. I don't know about you, but those aren't movies I'd show to an 8-year-old.Also, Marvelfan1959, you clearly have not educated yourself on this matter before blowing off your steam, because all the Marvel movies that have been made so far AND the rights to the sequels are still contracted to their respective studios. Sony is still making the next three Spider-Man movies, so please don't complain about Disney when they suck. The X-Men franchise will still be pumped out by 20th Century Fox, CGI claws and all. Heck, they can't even pull Marvel Superhero Island out of Island of Adventures in Universal (which is a shame, as it's the poorest themed section of the park). So guys, relax. Chill. The world is not over!

s-i-d-e-r-m-a-n
s-i-d-e-r-m-a-n member

not sure why some of my text looked like Q bert but whatever the reason I hope your right and I have heard you are. It's just like all of you I love the MU and and concerned. I'd be concerned about even if the disney thing didn't happen. :-) but yes all we can do is waite and see and if disney dose what I heard and keeps its' hands off the books then thank you disney!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! and keep mine marvel. :-)

diamondtelepath
diamondtelepath

im concerned, sure. but i wont comment/complain until there's something to comment/complain about *shrugs*=)

PITBULL79
PITBULL79

I feel that this is a great deal with Disney and Marvel . More movies should come from both companies done with marvels Vision and disneys money ... LOL .

Winter_So1dier
Winter_So1dier

disneys in it for the movies ppl not the books. chill

s-i-d-e-r-m-a-n
s-i-d-e-r-m-a-n member

I don't care if disney is backing them. All I care about is marvel not being disneyfyed. I don't care what they do with movie or animted. All I care about here is the Marvel Universe. The books. expecually Spider man. I don't want "disney" spider man. Or "disney" FF or the Disney avergers. I want my MU THE MU. I want their pasts in tacked I want them as chatores and their world taken forward with out forgetting the past with out contrditing the past but not being a slave to the past eaither. In short I just want them to keep doing what their dong and hopefully doing it better. The orginal MU is to awasome to let die or to disneyfy or "reboot" no Crisis situaitons please thats DC not Marval. As long as the books are fine I don't care if they do a spidy micky team up movie. Just not in my Marvel. Not in my spider man. PLEASE!!!! Joe Q man and plase Disney leave the books to those that care about them. I don't want just tredes and dittal I wan't the thease chartors to go foward as they are as they could be as they should be GREAT.

YoungDoctor
YoungDoctor

Tell me about it, in 2008 I brought 1 share of Marvel little knowing it would turn into a 0.745 share of Disney.

X-Man1917
X-Man1917

I mean, I don't think Marvel should've aasked the fans because we're nobodies. But they should've thought.

X-Man1917
X-Man1917

Wonderful. Just wonderful.The article should say, "Movies will suck even more than they do, expect Marvel to stop being remotely entertaining or interesting." Just friggin stupid.

TheBoogalou
TheBoogalou

Since Day 1 I have been feeling nautious over this whole thing. I cannot express how disappointed I am in whoever it is at Marvel that is responsible for this. I firmly believe that this is a mistake and that Marvel should've at least consulted the fans before making any decisions. All or most of these fans share my sentiments, I'm sure.

wyvern9
wyvern9

They're realy sugar coating this, aren't they?