Disney Buys Marvel For $4 Bil!
Major deal$ are going down in Hollywood today!
The Walt Disney Company has purchased Marvel Entertainment Inc. for $4 billion in cash and stock!!!!
Wow.
Disney now owns the catalogue of 5,000 Marvel characters, including Fantastic Four and X-Men.
The big wigs over at Mickey Mouse's house hope that by owning the comic book characters, Disney will now appeal to a larger audience than tween girls obsessed with Miley Cyrus and the JoBros.
"It helps Disney add exposure to a young male demographic it had sort of lost some balance with," says David Joyce, analyst for Miller Tabak & Co.
Disney CEO Robert Iger believes the combination of Marvel's "strong global brand and world-renowned library of characters" will go along smashlingly with Disney's "unparalleled global portfolio of entertainment properties."
What do U think of the big merge????
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jonas brothers in skin-tight cat-suits…not much of a change really…but still smexi!!!
I think its great, Disney has bought quite a few things before and gotten them into a bigger market… and have gained from it as well. There are worse people that could own it, like someone who will change it alot, Disney hasnt changed the other things they bought!
thats messed on so many freakin levels