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Posts Tagged ‘disney’

Disney Tries CPR on Marvel 2nd Stringers

Wednesday, December 30th, 2009
Disney Assimilates Marvel

Disney Assimilates Marvel

We loved Spider-Man.  We loved Iron Man!  And we try not to think too much about the Fantastic Four; however the Silver Surfer was cool.  But will we love Ant-Man, Iron Fist and every other obscure hero in the Marvel universe?

Disney is finishing the digestion of Marvel this week, with its whopping $4.2 billion dollar purchase, and they’re hoping that people will go nutso over Doc Sampson, Doctor Strange and … Doctor Druid(?). … meh.  I’m a comic book geek to the nth degree and I’ve never even heard of some of these dudes.  Do I care to?  Do you?  We wonder…

Speculators and non-geeks seem to think it’s a fantastic event, seeing that Disney shares have jumped 20% since the deal was thrown on the table.  They argue that Disney can create more in-depth theme parks, shows, videos, movies, toys and games and capitalize on the mass marketing.

But will this really extend beyond the core Marvel characters:  Spider-Man, Iron Man, Wolverine, Hulk, Captain America and Punisher?  And is there a risk that Disney will water down these core heroes (and others they try to revive) in an attempt to make them more “kid friendly” that us grown-up geeks like us can no longer take them seriously?

The one thing that will definitely be good all around is Disney’s ability to leverage licenses and characters across multiple platforms, taking a comic hero and putting him on dvd, on tv, movie, and multiple other media and merchandising opportunities to appeal to the hard core fans and non-geeks alike.

You can catch a glimpse of the 5,000 Marvel heroes here … boy, I CAN’T WAIT to see the new Doctor Druid action figure!

Piranhas Sue Marvel, $4 Bill “NOT ENOUGH!”

Monday, September 14th, 2009

Marvel Sued By Piranha Lawyers

Marvel Sued By Piranha Lawyers

Piranha lawyers at Levi & Korsinsky, in NY no less, have filed a class action suit against Marvel Entertainment challenging the acquisition of Marvel by Disney. The transaction, in which Marvel shareholders received $30 in cash per share plus .745 Disney shares for each Marvel share, totals pretty darn near $4 billion bucks. The lawsuit states that the $4 billion bucks offered “aint enough!” because it is less than the intrinsic value of Marvel.

The deal, which wraps up towards the end of 2009, valued Marvel at 37 times its estimated 2009 earnings and offered Marvel shareholders a 29% premium over the pre-deal stock price.

Just goes to show you, there’s no pleasin’ NY Piranhas when there’s more money to be had.


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