Paramount is to end their Marvel relationship in 2012. Why? You ask. Well lets look back on some of the older stories. Now this story really broke in 2009 when Disney took over Marvel comics. Second Disney payed Paramount $115 Million for distribution rights for the Avengers and Iron Man 3. Paramount still kept the distribution rights for Captain America and Thor movies but in this deal looks like any films made after that will be of Disney’s doing.
In October of 2010 there was a press release that explains the deal and states the following:
This was not really a surprise after all because again Mickey and company now own the rights to Marvel and they want to capitalize on their rights. Paramount on the other hand only made 8% on distributing Iron Man 2 and Disney earned 92% of the films revenue which was $622 million worldwide. I say Paramount had a good reason to deal. But Paramount will be well compensated and they will even get 9% of Iron Man 3 without doing any work with it. As far as other studios go according to Deadline Disney is trying to buy up from Fox , Sony and other studios film rights such as Spider Man and X-Men. But those studios can hold on to those characters as long as they keep paying and make the film with in the contracted time frames.
I was wondering if Disney was going to go after all the rights like the one that Marvel had with Universal theme park in Florida which is in direct competition with Disney World. I asked around and got a very rounding NO. Or highly unlikely. I found out that contracts can be very lengthy in time with so many conditions that even if they were to expire it gives the right to renew under most of the same conditions. Being ignorant in big business contracts I will except that as a good explanation and if anyone else has more knowledge be free to say something.
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