Disney’s Marvel-lous investment
Disney’s acquisition of Marvel Entertainment gave it some obvious assets such as The Avengers and Iron Man. But the real genius of the partnership is the way Disney has managed to mine Marvel’s wider universe, which extends to 5,000 characters. The success of the deal is especially evident in the movie business, where the Avengers franchise has performed beyond all expectations under Disney’s stewardship. No less impressive has been the way Disney has developed hit movies out of thin air – examples being Guardians of the Galaxy and Big Hero 6. The company also benefits financially from the success of franchises like Spider-Man, X-Men and Fantastic Four, which, although Marvel-created, are controlled in the film sector by Sony (Spider-Man) and Fox (the latter two). Add all the above together and the total Marvel box office take since Disney took over easily tops US$10bn. Disney being Disney, the deal was never just about film, of course. With the world’s best IP exploitation infrastructure already in place, the company has also managed to squeeze value out of its Marvel assets across video games, theme parks, TV and more. As with film, Disney is using TV to unleash an ever-expanding array of characters onto the market. However, there are a few notable differences in approach. One is that TV seems to be a more tolerant environment for female superheroes, making it easier to set up shows with women as central characters rather than sidekicks. The same is true in terms of diversity, with … Continue reading Disney’s Marvel-lous investment
