Home Entertainment When Did Disney Buy Marvel & How Much Did It Pay?

When Did Disney Buy Marvel & How Much Did It Pay?

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When did disney buy marvel : Marvel Studios has had a stronghold on pop culture since Tony Stark donned the Iron Man suit in 2008. With Phase 4 of the Marvel Cinematic Universe

When and for how much did Disney pay for Marvel?

when did disney buy marvel

taking shape, Marvel has the most profitable franchise in movie history, has produced one of the highest-grossing pictures of all time (Avengers: Endgame), and has a clear path towards cinema supremacy in the next years.

With all of this success, fans are wondering who owns Marvel. The solution is both startlingly simple and very complex. Allow me to explain.

Who is the owner of Marvel Studios?

Disney paid $4 billion buying Marvel Entertainment in 2009. That may seem like a lot, and it is, but Disney has more than made up for it in box office receipts from the MCU alone since then. The domestic box office for the MCU’s 23 films has totaled $8.545 billion, with a worldwide total of $22.588 billion.

For a $4 billion investment, it’s not terrible.

Disney, of course, has added to its fan-favorite brand portfolio with the acquisition of Lucasfilm in 2012, which gave them control of the Star Wars universe. They paid $4 billion for the rights, but have already made a profit thanks to the creation of five films and many television programmes.

With Disney’s acquisition of Marvel Entertainment, there were some minor issues with character rights. Despite the fact that Disney purchased the rights to over 5,000 characters in the Marvel Universe, several prominent names were left out since other film studios kept their own rights.

With Disney’s acquisition of Marvel Entertainment, there were some minor issues with character rights. Despite the fact that Disney purchased the rights to over 5,000 characters in the Marvel Universe, several prominent names were left out since other film studios kept their own rights.

In 1999, inema Retro Magazine reported on a convoluted back-and-forth in which Columbia Pictures (owned by Sony) relinquished its ownership of the James Bond franchise to MGM, while MGM awarded Columbia Pictures sole ownership of Spider-Man.

In 2002, Spider-Man swung into theatres, kicking off the successful Sam Raimi trilogy.

A fourth picture was planned but became caught in development hell, causing Sony to re-evaluate the franchise before deciding to reinvent the character with 2012’s The Amazing Spider-Man, according to Deadline.

They had hoped to build their own Spider-Man film world to compete with Disney’s MCU, but a dismal sequel put an end to their aspirations.

Then came the moment that all Marvel fans had been anticipating. Sony and Disney reached a deal, and Peter Parker became a part of the Marvel Cinematic Universe for the first time.

Before getting his own film and joining the Avengers in Infinity War and Endgame, he had a cameo in Captain America: Civil War.

In 2019, there was a short panic when Sony Pictures and Disney argued about profit distribution, casting uncertainty on Spider-future Man’s in the MCU.

Sony Pictures responded to the claims on social media with a big gesture, implying that it was due to Disney’s decision to remove Kevin Feige as the lead producer on the Spider-Man movie.

By September, the deal had been renegotiated, and Spider-Man is still a part of the MCU, due to Tom Holland, who currently plays Peter Parker. Bob Igor, the CEO of Disney, came on Jimmy Kimmel Live! and described how Holland contacted him directly to put an end to the turmoil.

“It was evident that he cared so much,” Igor added, “and we care a lot about him.” He is a fantastic Spider-Man. I felt sorry for him, and it was evident that the supporters wanted him to succeed.

“So I made a few of calls to our staff, and then I decided to call Sony’s CEO, and we closed the transaction,” he explained.

The X-Men Are Coming to the Marvel Cinematic Universe

While Disney’s MCU was growing and Spider-Man was finding his way back to the series, there were still more big Marvel characters missing—the X-Men.

Wolverine, Deadpool, Professor X, Cyclops, Raven, and Storm were all owned by Fox. They also held the Fantastic Four characters’ rights, which is why they have never been openly referenced in the Marvel Cinematic Universe.

Beginning with X-Men (2000) and ending with The New Mutants (2020), 20th Century Fox has released 13 films that have grossed over $6 billion worldwide.

Disney finalised a $71.3 billion acquisition with 21st Century Fox in March 2019. Disney now owns 20th Century Fox’s film and television studios, as well as TV channels like FX and Fox Networks Group, as well as a majority share in National Geographic and a minority stake in Hulu.

All of this is great for Disney, but the most important thing for Marvel fans is that it gave them Mutants.

Producer Kevin Feige has revealed that the X-Men will join the MCU during Phase 4 and that a Fantastic Four film is already in the works.

Who now owns the Marvel films?

It’s a difficult scenario that’s been going on for decades between numerous studios. The key stages of negotiation between the three, we believe, can be summed up in four steps:

Marvel Entertainment was purchased by Disney, while Sony controlled Spider-Man and 20th Century Fox owned Mutants.

The Marvel Cinematic Universe was developed by Disney, while Sony released two Spider-Man films and 20th Century Fox continued to release X-Men films.

In order for Spider-Man to join the MCU, Disney and Sony struck a deal. In the meantime, Fox continued to produce X-Men flicks as well as the critically panned Fantastic Four feature.

The X-Men, Fantastic Four, and Spider-Man will all be part of the same Marvel Cinematic Universe after Disney acquired 20th Century Fox and struck a new arrangement with Sony.

That’s as straightforward as we can make it. When it comes to theme park rights, streaming service rights, TV series, and star contract discussions, there are additional levels of complexity. For the time being, we’ll skip the explanation.

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Dimple Gola is the Chief editor at Bollywood and the Co-Founder of ‘Chop News'. She writes about Entertainment, Youth related topics, especially on Movie Reviews and Box Office Collections.

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