Connect with us

Disney buys Marvel Movies from Par


Disney buys Marvel Movies from Par

Disney has acquired from Paramount the distribution rights to the upcoming Marvel feature films The Avengers and Iron Man 3 for a guaranteed payment of at least $115 million.

According to The Hollywood Reporter, the deal calls for Paramount to receive its normal 8 percent distribution fee on Avengers, due out May 4, 2012, and 9 percent on Iron Man 3. The $115 million fee will be paid the studios on the release date of Avengers as a minimum guarantee against the distribution fees.

Disney makes the move to benefit from its $4 billion purchase last year of Marvel, whose studio division had a distribution deal in place with Paramount at the time of the sale. Paramount will still handle distribution on Thor, due out May 6, and The First Avenger: Captain America, due out July 22.

Disney announced a May 3, 2013 release date for Iron Man 3.


More in Features


Recent Posts

Featured Trailers

Could not generate embed. Please try it again.

To Top