Disney Buys Rights to Marvel Movies From Viacom’s Paramount

The deal gives Disney, the world’s largest entertainment company, more control over Marvel’s film library as it seeks to expand those characters into television shows and theme-park attractions. Disney acquired the comic book and movie company in December 2009 for $4.2 billion in cash and stock.

Disney later purchased the distribution and marketing rights to 2012’s “Marvel’s The Avengers” and this year’s “Iron Man 3.” Both were held by Paramount. Disney paid Paramount at least $115 million at the time.

“Marvel’s The Avengers” was the top-grossing film last year, with $1.5 billion in worldwide ticket sales, according to Box Office Mojo, an industry researcher. “Iron Man 3” leads this year with $1.2 billion in worldwide box office.

Leave a Reply

Your email address will not be published. Required fields are marked *