I still remember when Marvel Comics came out with Spiderman, Thor, The Fantastic Four, The Hulk, The X-Men, Iron Man, Dare Devil, and Doctor Strange in the mid-sixties.
Every month I would run to the local liquor store with my buddy to buy up the latest editions. We’d go to the nearby park and read them…happy as clams to be caught up in another world where anything is possible.
It’s weird seeing Marvel become a Disney acquisition. I never would have guessed.
The estimated $4-billion deal would give Disney access to a library of more than 5,000 characters and help it strengthen its appeal to the young male audience. Ike Perlmutter, Marvel's CEO, will work directly with Disney to build and integrate Marvel's properties.
By Dawn C. Chmielewski
The Walt Disney Co. today announced that it had agreed to acquire comic-book giant Marvel Entertainment, creator of such characters as Iron Man and Spider-Man, in a cash-and-stock deal worth an estimated $4 billion.
The acquisition would give Disney access to a library of more than 5,000 characters -- several of whom have inspired major films for other Hollywood studios. Marvel, meanwhile, gains the clout of Disney's ability to take a popular character and make money on it through films, television and licensed merchandise.
Click here to read the rest of this story in the LA Times.
(Photo via AP / Marvel Comics / Columbia Pictures)
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