31 Aug
2009
This post sponsored by Big City Soul R&B Radio DJ Nigel: Voice of R&B
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The Walt Disney Co. has acquired comic-book mega-player Marvel Entertainment in a $4 billion cash-and-stock deal. The sale has to, however, undergo an antitrust review and gain approval from Marvel shareholders.
Disney’s president and CEO, Robert A. Iger, commented:
“This transaction combines Marvel’s strong global brand and world-renowned library of characters including Iron Man, Spider-Man, X-Men, Captain America, Fantastic Four and Thor with Disney’s creative skills, unparalleled global portfolio of entertainment properties, and a business structure that maximizes the value of creative properties across multiple platforms and territories.”
Digital Cheeseburger watches in awe as the majors grow ever larger and more powerful still.
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Tags: antitrust, Captain America, comics, Digital Cheeseburger, Disney, Disney Buys Marvel, Fantastic Four, Iron Man, Marvel, Marvel comics, Marvel Entertainment, Robert A. Iger, Spider-Man, The Walt Disney Co., Thor, Walt Disney, X-Men
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