The proposed transaction, still needs regulatory approval, will give Disney the ownership of 5,000 Marvel characters (which will be overseen by Marvel CEO Ike Perlmutter)
Under the proposed deal Disney will pay $30 in cash and about three-quarters of a Disney share for each share of Marvel. The total value of the Disney stock issued as merger consideration based on its trading value at that time is not less than 40% of the total merger consideration. Based on the closing price of Disney August 28, Disney will pay approximately $4 billion for Marvel Entertainment.
“We believe that adding Marvel to Disney’s unique portfolio of brands provides significant opportunities for long-term growth and value creation,” -Robert Iger, president and CEO of Disney.
“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.” – Ike Perlmutter, Marvel’s Chief Executive Officer.
Marvel and Japanimation studio Madhouse are teaming up to bring Marvel Super Heroes to life like never before!
They have teamed up to create four new anime versions of Marvel characters. The teaser trailers for Iron Man and Wolverine will premier at this week’s San Diego Comic Con International. The series is expected to premier in Japan on Animax in the spring of 2010.
We caught up with Mitch and Elizabeth Breitweiser not once but twice (they were very kind and allowed us to reinterview them after a mishap with the camera equipment) at the Florida SuperCon
For more on Mitch and Elizabeth visit their website.
Marvel is bringing back Steve Rogers two years after his death. On July first the limited series Captain America Reborn will hit comic shops.
Variety originally reported that Twentieth Century Fox has begun development on X-Men Origins: Deadpool. Ryan Reynolds will reprise the role from X-Men Origins: Wolverine.
If you were lucky (we weren’t) you got one of the X-Men Origins: Wolverine movie reels with Deadpool rising from the rubble and whispering “Shhh” to audiences at the end of the credits.
Fox is also working on a Wolverine sequel based on the samurai storyline that was hinted to in the end credits where Wolverine sat in a bar in Japan.
There are also plans for: X-Men Origins: Magneto (script by Sheldon Turner) will focus on the early life of Eric Lensherr and his friendship with Charles Xavier, and how they became enemies.
X-Men Origins: First Class (script by Josh Schwartz) is expected to be the next movie in the X-Men franchise. It will also be a prequel and focus on the first class of Xavier’s school.
Today Marvel announced new release dates for Iron Man 2, Thor, The First Avenger:Captain America, and the Avengers.
The new dates are:
Iron Man 2- May 7, 2010 (unchanged)
Thor- June 17, 2011
The First Avenger:Captain America- July 22, 2011
Avengers- May 4, 2012
“This new schedule strongly sequences Marvel’s movie debut dates, big screen character introductions and momentum. It maximizes the visibility of our single character-focused films, leading to the highly anticipated release of the multi-character ‘The Avengers’ film in 2012,” – David Maisel, Chairman, Marvel Studios.
Marvel and Sony Entertainment also announced May 6, 2011 as the release date for Spider-Man # 4