Showing posts with label Disney. Show all posts
Showing posts with label Disney. Show all posts
Sunday, October 28, 2012
Monday, August 31, 2009
The Marvel of Disney
I was thinking about Disney buying Marvel and really dosen't matter to me anymore, i stopped reading Marvel years ago. I was never the biggest Marvel fan out there but i had two favorite Marvel hereos, Iron Man and Daredevil. To me DD and Iron Man are Marvel's best creations, Iron Man combined super-hero action with SciFi and DD was the loner hero (not un-like Batman at times over at DC) who never stopped or gave up and he didn't whine about everything like Spider-Man. I have no clue what's going on with these two characters now but i think i enjoyed the Iron Man movie because it was like the comic back in the old days, i liked the DD movie but i think Elektra part just dragged it down.
I always wanted a DD/Batman book and paired Iron Man with the Flash (Barry Allen of course) in their own book. Would have made the young me very happy.
The two covers up there are the first DD and Iron Man comics i bought (probably had extra change from buying DC comics).
Disney To Buy Marvel
Disney is buying Marvel Comics for 4 Billion Dollars.
THE NEW YORK TIMES
Published: August 31, 2009
The Walt Disney Company said Monday that it would buy the comic book giant
Marvel Entertainment for about $4 billion.
Under the terms of the deal, Marvel shareholders will receive a $30 a share in
cash plus about 0.745 Disney shares for each Marvel share they own. The boards
of both companies have approved the deal, which was valued at $50 a share.
With the acquisition, Disney will acquire more than 5,000 Marvel characters,
including Spider-Man, Iron Man, Captain America, Hulk and the X-Men.
“We believe that adding Marvel to Disney’s unique portfolio of brands provides
significant opportunities for long-term growth and value creation,” the chief
executive of Disney, Robert A. Iger, said in a statement.
Ike Perlmutter, Marvel’s chief executive, said: “Disney is the perfect home for
Marvel’s fantastic library of characters given its proven ability to expand
content creation and licensing businesses. This is an unparalleled opportunity
for Marvel to build upon its vibrant brand and character properties by accessing
Disney’s tremendous global organization and infrastructure around the world.”
Mr. Perlmutter will oversee the Marvel properties, and will work directly with
Disney’s global lines of business to build and further integrate Marvel’s
properties.
The acquisition comes as Disney, with its vast theme park operations and
television advertising business, has been struggling because of soft advertising
sales at ABC and ESPN and drooping consumer spending at theme parks. Disney’s
profit in the third quarter, which ended June 27, dropped 26 percent.
Over all, Disney’s net income fell to $954 million, or 51 cents a share, from
$1.28 billion, or 66 cents a share, in the year-ago period. Revenue fell 7
percent, to $8.6 billion. Earnings per share for the current quarter included a
one-cent restructuring charge related to an accounting gain. Excluding that
charge, Disney narrowly beat Wall Street’s expectations.
THE NEW YORK TIMES
Published: August 31, 2009
The Walt Disney Company said Monday that it would buy the comic book giant
Marvel Entertainment for about $4 billion.
Under the terms of the deal, Marvel shareholders will receive a $30 a share in
cash plus about 0.745 Disney shares for each Marvel share they own. The boards
of both companies have approved the deal, which was valued at $50 a share.
With the acquisition, Disney will acquire more than 5,000 Marvel characters,
including Spider-Man, Iron Man, Captain America, Hulk and the X-Men.
“We believe that adding Marvel to Disney’s unique portfolio of brands provides
significant opportunities for long-term growth and value creation,” the chief
executive of Disney, Robert A. Iger, said in a statement.
Ike Perlmutter, Marvel’s chief executive, said: “Disney is the perfect home for
Marvel’s fantastic library of characters given its proven ability to expand
content creation and licensing businesses. This is an unparalleled opportunity
for Marvel to build upon its vibrant brand and character properties by accessing
Disney’s tremendous global organization and infrastructure around the world.”
Mr. Perlmutter will oversee the Marvel properties, and will work directly with
Disney’s global lines of business to build and further integrate Marvel’s
properties.
The acquisition comes as Disney, with its vast theme park operations and
television advertising business, has been struggling because of soft advertising
sales at ABC and ESPN and drooping consumer spending at theme parks. Disney’s
profit in the third quarter, which ended June 27, dropped 26 percent.
Over all, Disney’s net income fell to $954 million, or 51 cents a share, from
$1.28 billion, or 66 cents a share, in the year-ago period. Revenue fell 7
percent, to $8.6 billion. Earnings per share for the current quarter included a
one-cent restructuring charge related to an accounting gain. Excluding that
charge, Disney narrowly beat Wall Street’s expectations.
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