Monday, August 31, 2009

Disney to buy Marvel Entertainment for $4 billion

Click on over to ComingSoon.net for the story that I thought had to have been a joke when I first heard about it this morning.

But it's true: Disney is purchasing Marvel Entertainment and everything that comes with it - comics, characters, movies, the whole shebang - for $4 billion in cash and stock transaction.

All that I can think of at the moment is that this will probably become the entertainment industry's equivalent to Ted Turner's Time Warner purchasing of America Online.

1 comment:

Mark said...

Great post. I think this is a good move, so could see Spiderman vs Donald Duck :), but it makes me laugh that Universal Studios will have to pay Disney royalties for the Spider man ride.

Entertainment News

Monday, August 31, 2009

Disney to buy Marvel Entertainment for $4 billion

Click on over to ComingSoon.net for the story that I thought had to have been a joke when I first heard about it this morning.

But it's true: Disney is purchasing Marvel Entertainment and everything that comes with it - comics, characters, movies, the whole shebang - for $4 billion in cash and stock transaction.

All that I can think of at the moment is that this will probably become the entertainment industry's equivalent to Ted Turner's Time Warner purchasing of America Online.

1 comment:

Mark said...

Great post. I think this is a good move, so could see Spiderman vs Donald Duck :), but it makes me laugh that Universal Studios will have to pay Disney royalties for the Spider man ride.

Entertainment News