Disney buys out Marvel

Disney buys out Marvel

In what could be considered a shock move, the Disney corporation has bought Marvel in a deal worth an estimated $4 billion USD.

The buyout means that Disney will have total control over all of Marvel's superheroes, including the likes of Spider-Man and the Fantastic Four. Lowell Singer, Disney's senior VP of investor relations spoke:

" On the video game front, Marvel has some smart licensing agreements with some of the best manufacturers in the business. While we've been steadily moving in the direction of video game integration, we don't rule out the blend of licensing and self-produced and distributed video games. As these licensing deals expire we have the luxury of considering what's best for the company and the products ".



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