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IPFS News Link • Entertainment: Movies

Disney to buy Marvel Comics for $4 billion

• Reuters
Walt Disney Co said on Monday it plans to buy Marvel Entertainment Inc for $4 billion in a deal that would add characters like Iron Man, Spider-Man and the Fantastic Four to its entertainment empire.

Disney is striking the biggest media deal of the year so far -- one that will unite the Incredible Hulk and Mickey Mouse -- at a time when the media business is struggling to cope with spending cutbacks by both consumers and advertisers.

 

1 Comments in Response to

Comment by Powell Gammill
Entered on:

This will not end well.

(AP) http://www.toledoblade.com/apps/pbcs.dll/article?AID=/20090831/BUSINESS07/908319965