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New site? Maybe some day.
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wow... not expected at all. trooth? |
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LOS ANGELES – The Walt Disney Co. said Monday it is buying Marvel Entertainment Inc. for $4 billion in cash and stock, bringing such characters as Iron Man and Spider-Man into the family of Mickey Mouse and WALL-E.
Under the deal, Disney will acquire ownership of 5,000 Marvel characters. Many of them, including the Fantastic Four and the X-Men, were co-created by the comic book legend Stan Lee.
Analyst David Joyce of Miller Tabak & Co. said the acquisition will help Disney appeal to young men who have flocked to theaters to see Marvel's superhero fare in recent years. That contrasts with Disney's recent successes among young women with such fare as "Hannah Montana" and the Jonas Brothers.
"It helps Disney add exposure to a young male demographic it had sort of lost some balance with," Joyce said, noting the $4 billion offer was at "full price."
Disney said Marvel shareholders will receive $30 per share in cash, plus 0.745 Disney shares for every Marvel share they own. That values each Marvel share at $50 based on Friday's closing stock prices.
Marvel shares jumped $10.17, or 26 percent, to $48.82 shortly after the market opened. Disney shares fell 47 cents, or 1.8 percent, to $26.37.
Disney said the boards of both companies have approved the transaction, but it will require an antitrust review and the approval of Marvel shareholders.
Disney last made a big purchase in 2006 when it acquired Pixar Animation Studios Inc., the creator of the "Toy Story" franchise, for $7.4 billion in stock.
Disney CEO Robert Iger said the latest acquisition combines Marvel's "strong global brand and world-renowned library of characters" with Disney's "unparalleled global portfolio of entertainment properties" and ability to maximize value across multiple platforms and territories.
Marvel earned a net profit of $206 million last fiscal year, up 47 percent from a year earlier, on revenue of $676 million, as it took movie production in house instead of just cutting licensing deals.
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fuck disney. mickey mouse is a bitch |
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I'm far too upset to weigh in on this. |
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fuck disney. mickey mouse is a bitch |
Fuck Mickey Mouse! Fuck him in the ass with a big rubber dick! Then break it off and beat him with it! I hope Mickey dies. I do, I hope he goddamn dies. I hope he gets a hold of some tainted cheese, and dies lonely and forgotten in the bathroom of some bad building in a poor neighborhood, with his hand in Goofy's pants. |
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fuck disney. mickey mouse is a bitch |
Fuck Mickey Mouse! Fuck him in the ass with a big rubber dick! Then break it off and beat him with it! I hope Mickey dies. I do, I hope he goddamn dies. I hope he gets a hold of some tainted cheese, and dies lonely and forgotten in the bathroom of some bad building in a poor neighborhood, with his hand in Goofy's pants. |
haha love carlin |
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minnie mouse however... if i was a cartoon i'd fuck her with an ACME rake |
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there's a carlin quote for every occasion |
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so i guess the islands of adventure in orlando is closing now...?
unless disney is buying universal too? |
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Cringing at the chance of marvel/disney tie ins |
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Worst news of the day. Thanks RTTP. |
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Who's thinking superheroes in the next Kingdom Hearts game?!?! |
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Who's thinking superheroes in the next Kingdom Hearts game?!?! |
I must admit that sounds kinda fun... |
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What I am wondering is how this will affect all the existing deals they have with other head honchos like Universal, Activision, etc. Universal Studios in Orlando has a theme park totally dedicated to Marvel. Does that mean Disney will follow suit and send Universal a cease and desist? So much red tape on this one. |
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or Disney collects money on licensing. |
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I hope this doesn't effect the way the movies have been going (generally darker and more mature) |
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Iron Man vs. Buzz Lightyear |
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Hell, I wonder if they might fuck with the actual comics and pull the teeth out of those. At least with Warner Brothers buying DC they left them alone and just put more $$ in, so the comics actually got darker. |
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not a huge fan of this deal. disney is too PC for this |
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this is the best decision disney has made since signing ICP. |
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oh man this is awful news. A Beast battle would be awesome, though. Winner gets to fuck Beauty with Candlestick. |
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