Monday, August 31, 2009

Disney Buys Marvel For $4 Billion

In an enormous move that is sure to affect the entire entertainment industry, Walt Disney Company has come to an agreement with Marvel Entertainment. For approximately $4 billion, Marvel Entertainment and it's entire stock of characters (+5000) are now part of the Walt Disney Company.

Currently, it seems that Disney will not be interfering with Marvel's game licenses, instead praising their "smart licensing agreements with some of the best videogame manufacturers in the business". Disney also noted the possibility of a team up between Marvel and Pixar, that, unlikely, was being looked in to by both companies.

Now, I don't know about anyone else, but my mind has jumped straight to Kingdom Hearts, the famous Final Fantasy/Disney crossover. Would Marvel be able to make it's way into the series? Sure, it seems crazy now, but so did the entire idea for the game before it was released.

Disney also noted that, while current Marvel movie projects will remain untouched, the company hopes to be the sole distributor of the these films in the long-term. Spider-Man, Iron Man, and Fantastic Four were confirmed to remain untouched by Disney.

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