Disney Gets The Avengers and Iron Man 3, Paramount Keeps Thor and Captain America

8 Comments

Looks like Marvel Studios is slowly but surely severing all ties with Paramount when it comes to their future properties. Marvel and Disney have struck a deal that should place all of their future characters under the Disney flag.

Press release:

BURBANK, Calif. – 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, 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 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.

Who knew guys and gals who wear their underwear on the outside of their pants would be such big business?

Author: Nix

Editor/Writer at BeyondHollywood.com. Likes: long walks on the beach and Kevin Costner post-apocalyptic movies. Dislikes: 3D, shaky cam, and shaky cam in 3D. Got a site issue? Wanna submit Movie/TV news? Or to email me in regards to anything on the site, you can do so at nix (at) beyondhollywood.com.
  • ULIK

    Oh YEAH! Disney is NOT playing! Eventually you know who else is going to be next, just a matter of time and $$$.

  • ULIK

    Oh YEAH! Disney is NOT playing! Eventually you know who else is going to be next, just a matter of time and $$$.

    • http://www.originalgeekspodcast.com/ Dedpool aka Jiinx

      Ahhh the hated Fox!!! You’re time is nearly up you wily beast who disrespects our comic material.

  • Zabelzerolp

    i hope this does not change the marvel franchise.

    • ULIK

      @Zabelzerolp, It will change it,but for the better. Disney is being REALLY aggressive and they will ONLY financially promote,produce, and market Marvel Studios products but will NOT interfere with Marvel Studios creative control and ideas. Pixar and other companies have a great relationship with Disney where Disney does a phenomenal job at just marketing their products internationally. Disney doesn’t want to try to fix what’s not broken,they just want to expand it so that Marvel will get more international sales which in turn will make Disney richer. That’s why Disney is trying to find a way bring back ALL of Marvel’s characters and properties back to Marvel/Disney so that they can stay in 1 house and so that they will be able to do crossovers and cameos that Fox & Sony won’t allow. Disney seems all sweet and wholesome but when it comes to business there are shrewd and out for blood. They WILL find a way to get those properties back. There are some things that I don’t like about Disney which is how they handle racial issues with characters and stories but Disney is extremely powerful they WILL get what they want one way or another.

  • Brian

    It’s going to be EXTREMELY weird to hear and/or see: Disney’s The Avengers! …or… Disney’s Iron Man 3! Haha. Glad it’s happening though, as weird as the whole thing with Disney and Marvel is, I have to say I look forward to what Disney might be able to do with Marvel material. I’m not much of a Marvel fan myself and think 90% of their movies are utter trash, but I love the quality of Disney!

    Could you imagine Mark Elliot reading TV spots for The Avengers? That would so make my day!

    • http://www.originalgeekspodcast.com/ Dedpool aka Jiinx

      The most you’ll probably get is Disney Presents…and we may not even get that. They don’t put their name on the Studio Ghibli stuff when they get the right’s to it. It wasn’t Disney presents “Ponyo,” or “Spirited Away” so we may just get Disney Dollars but no other invlovement.

  • Brian

    It’s going to be EXTREMELY weird to hear and/or see: Disney’s The Avengers! …or… Disney’s Iron Man 3! Haha. Glad it’s happening though, as weird as the whole thing with Disney and Marvel is, I have to say I look forward to what Disney might be able to do with Marvel material. I’m not much of a Marvel fan myself and think 90% of their movies are utter trash, but I love the quality of Disney!

    Could you imagine Mark Elliot reading TV spots for The Avengers? That would so make my day!