Disney’s purchase of Marvel is a super deal

Posted by batchblogs on 9/01/09 • Categorized as Business & Economy

Disney’s $4-billion deal for Marvel Entertainment isn’t simply an acquisition. It’s a reinvention.

The future of Chairman Bob Iger’s media conglomerate had been turning increasingly cloudy as family entertainment, especially in the movies, has evolved from old-fashioned, squeaky-clean Disney fare to the edgier, more unsettling PG-13 universe populated by Marvel’s arsenal of comic superheroes.

disney-purchase-of-marvel-is-a-super-deal

But Monday’s purchase gives Disney access to Marvel’s voluminous library of superheroes, which include Spider-Man, Iron Man, the X-Men, Captain America, Thor and the Fantastic Four and about 4,995 other comic-book characters.

The Marvel deal, like the $7.4-billion 2006 pact Iger negotiated to bring Pixar into the Disney fold, is another sign that Disney’s top brass realizes that the company’s reign as an original creative engine for mass entertainment is over.

Once an idea factory full of brilliant animators and imagineers, Disney is now a mass merchandising machine in search of exploitable product, whether it comes from Marvel, Pixar or DreamWorks, which will be releasing its upcoming slate through Disney as well.

[ Source LATimes ]

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