Source: Walt Disney Studios October 18, 2010 The Walt Disney Studios, Paramount Pictures and Marvel Studios announced they have reached an agreement under which Paramount will transfer its worldwide marketing and distribution rights to Disney for Marvel Studios' The Avengers and Iron Man 3. Paramount will remain the worldwide distributor of the upcoming films, Thor and Captain America: The First Avenger, as well as the previously released Iron Man and Iron Man 2. Under terms of the new deal, Disney will pay Paramount $115 million for the transfer of the distribution rights to Iron Man 3 and The Avengers to be paid on the theatrical release dates. These monies will serve as a minimum guarantee against the distribution fees. "In completing this agreement, Disney will now assume worldwide marketing and distribution of 'The Avengers' and 'Iron Man 3' and leverage these two highly-anticipated films across the multiple global platforms of The Walt Disney Company," said Rich Ross, Chairman of The Walt Disney Studios. "We appreciate the tremendous momentum that Paramount established with these iconic Marvel characters and look forward to propelling the brand even further in the coming years." "Five years ago, when Paramount and Marvel made our initial deal, both our businesses were in very different places," said Brad Grey, Chairman & CEO of Paramount Pictures. "We are grateful for the partnership we have had with the terrific Marvel team over these years and proud of the work we have done together. Today, this new agreement is the right deal for Paramount, for Marvel and for Disney. We look forward to working together on 'Thor' and 'Captain America,' and we wish Disney and Marvel the utmost success, in what we know will be a very productive and wide-ranging partnership." "Paramount has been a wonderful partner in helping Marvel Studios bring our characters to the big screen," said Alan Fine, Office of the President, Marvel Worldwide, Inc. "This agreement makes sense now that Marvel is part of The Walt Disney Company." Paramount will release Marvel Entertainment's Thor and Captain America: The First Avenger worldwide beginning on May 6 and July 22 of 2011, respectively. The Avengers will be licensed to Epix under Paramount's existing pay television arrangement. Disney is planning a May 3, 2013 release date for Iron Man 3
That would be amazing, but I doubt they'll let those go... hell, I wish they could get Sony to release their death grip on Spider-man!
Interesting. QFT! A Brad Bird or John Lasseter-helmed Spidey movie might be too awesome to contemplate.
Disney gets avengers back, wants fantastic four Disney to Distribute Marvel's 'The Avengers,' 'Iron Man 3' - The Hollywood Reporter Looks like disney got iron man and avengers back! "Having already pumped up its box-office market share thanks to its relationship with Marvel Studios, Paramount was guaranteed at least another $115 million Monday when it closed a deal with Disney to transfer worldwide marketing and distribution rights to Marvel’s “The Avengers” and “Iron Man 3” to the Burbank studio. Disney purchased Marvel Entertainment for $4.24 billion last year, but Marvel’s current cycle of movies had been contracted for release through Paramount via a distribution deal in place when Disney entered the picture. The Marvel distribution deal was one of Paramount chairman and CEO Brad Grey’s first major moves after taking over the Melrose Avenue studio in 2005, and Marvel’s comic book-derived tentpoles “Iron Man” and its sequel strategically filled the studio’s pipeline while the new regime readied its own franchises. Now that Paramount has “Star Trek,” “Transformers” and new takes on “Mission: Impossible” and the Jack Ryan character in the works, it no longer needs the Marvel properties. “Five years ago, when Paramount and Marvel made our initial deal, both our businesses were in very different places,” Grey said. “Today, this new agreement is the right deal for Paramount, for Marvel and for Disney. We look forward to working together on ‘Thor’ and ‘Captain America,’ and we wish Disney and Marvel the utmost success in what we know will be a very productive and wide-ranging partnership.”
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No, They will no suck because Marvel are in charge of doing these films. while disney his just the distributor
I'm more interested in what this means for the toy deal that Marvel and Hasbro signed a couple of years back. Is Hasbro going to lose their rights to Mattel, who has been working with Disney for decades now?
I hope not. I wish people would remember that Disney distributes and doesn't actually make the movies themselves.
