Disney Completes Marvel Deal, Makes New One With Stan Lee

On the last day of 2009, Disney confirmed that it had completed its $4.24-billion acquisition of Marvel Entertainment as Marvel shareholders voted to approve the deal. The studio added frosting to its New Year's celebration cake by announcing that it had also acquired a 10-percent stake in POW! Entertainment for $2.5 million. POW! is headed by former Marvel president Stan Lee, who created or co-created many of Marvel's iconic superheroes, including Spider-Man, the Fantastic Four, the X-Men, Iron Man, and the Hulk. Disney, which already had a first-look deal with POW!, acknowledged that it wanted to extend the relationship in order to take advantage of Lee's "knowledge and familiarity of the Marvel universe." The deal was announced on Thursday, three days after Lee's 87th birthday.

01/01/2010


Contactmusic

Tags: Disney - Fantastic Four - X-Men


Editors Recommendations

'X-Men' Director Bryan Singer Sued For Alleged Sexually Assaulting 17 Year-Old Boy

Bryan Singer, who is a director, producer, and writer of more than 15 productions...

'X-Men' Director Bryan Singer Sued For Alleged Sexually Assaulting 17 Year-Old Boy

Jenny McCarthy Debuts Giant Rock (Oh, And Engagement) On "The View"

Congratulations to Jenny McCarthy and Donnie Wahlberg, who are engaged now, according...

Jenny McCarthy Debuts Giant Rock (Oh, And Engagement) On

Who Was The Mastermind Behind Game Of Thrones' Purple Wedding?

Yikes, GoT fans! Was Sunday night’s episode of Game of Thrones even more shocking...

Who Was The Mastermind Behind Game Of Thrones' Purple Wedding?

Miley Cyrus' Hospital Stay Extended Over Severe Allergic Reaction

It might be a while until Miley Cyrus is back on her grind (or her twerk, as the case...

Miley Cyrus' Hospital Stay Extended Over Severe Allergic Reaction

Is Tom Hardy The Right Choice To Play The Next Bond?

Tom Hardy has been the public’s number one choice to replace Daniel Craig...

Is Tom Hardy The Right Choice To Play The Next Bond?

Lorde Finally Meets Baseball Star Who Inspired Hit Track 'Royals'

Lorde burst onto the world's music scene last summer with her smash hit 'Royals.'...

Lorde Finally Meets Baseball Star Who Inspired Hit Track 'Royals'

Jay Z Announces Second Budweiser Made in America Music Festival To Be Held In Los Angeles

Jay Z is one of the music's most successful entrepreneurs and he is now making...

Jay Z Announces Second Budweiser Made in America Music Festival To Be Held In Los Angeles

AC/DC Aren't Retiring After All, It's Just One Band Member

Finally, after three whole days of unchecked speculation online, AC/DC have...

AC/DC Aren't Retiring After All, It's Just One Band Member

Lady Gaga Startling Unedited Versace Ad Snaps Leaked

Lady Gaga has become the latest celebrity to find themselves in the middle...

Lady Gaga Startling Unedited Versace Ad Snaps Leaked


More recommendations

Comments

Disney Newsletter

Subscribe to this news alert service to receive news and reviews on Disney

Unsubscribe | Unsubscribe All