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Marvel now owned by Disney

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Ap chart of revenues for both Marvel and Disney

Monday morning in a press release Walt Disney announced they bought Marvel. The press release states, "Disney will acquire ownership of Marvel including its more than 5,000 Marvel characters." Robert Iger, President of Disney said, "Marvel's strong global brand and world-renowned library of characters including Iron Man, Spider-Man, X-Men, Captain America, Fantastic Four and Thor with Disney's creative skills, unparalleled global portfolio of entertainment properties."

On a shareholder conference call Disney expressed no desire in involving themselves with those projects currently under production. As far as future projects John Lassiter (Pixar) met with some creative folks over at Marvel, and everyone got "pretty excited very fast."

For a complete rundowns of what brought on this purchase, and what Disney plans go here.

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