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Thread: Another Slew of Comic Book Heroes to hit the Big screen

  1. September 7th, 2005, 05:07 PM #1
    Egaladeist
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    Another Slew of Comic Book Heroes to hit the Big screen

    NEW YORK (AP) - Comic book publisher Marvel Enterprises Inc. on Tuesday said it completed a new $525 million debt facility to independently finance a slate of films based on its characters.

    In the past, the company licensed its comic book characters and story lines to other studios such as Sony Pictures and 20th Century Fox. The new arrangement -- under which Marvel is also changing its name to Marvel Entertainment Inc. -- gives the company creative control, the right to build a film library and "greater profit potential."

    Marvel said it will use the seven-year, $525 million nonrecourse debt facility to finance up to 10 films based on characters such as Captain America, Nick Fury and the Avengers. The credit line, which was arranged by Merrill Lynch, Pierce, Fenner & Smith Inc., includes $465 million in revolving senior bank debt and $60 million in mezzanine debt.

    As producer, Marvel said it will receive all film-related merchandising revenue, and all profits. Paramount, a unit of Viacom Inc., will distribute the films, with the first release slated for summer 2008.

    The move comes amid Marvel's struggle with weakening sales. In the latest second quarter, the company posted an 11 percent drop in profit, hurt by sharply lower licensing and toy sales amid waning demand for merchandise from last summer's "Spider-Man 2" movie.

    Marvel said the 10 characters in the arrangement are Captain America, The Avengers, Nick Fury, Black Panther, Ant-Man, Cloak & Dagger, Dr. Strange, Hawkeye, Power Pack, and Shang-Chi. Each film is expected to have a budget of up to $165 million dollars and a rating no more restrictive than PG-13. Although the financing allows for the production of animated films, Marvel currently intends to use the funds to make only live-action films.
    http://news.moneycentral.msn.com/pro...906&ID=5087291
    MSN Money - Associated Press Business News: Marvel to Finance Up to 10 Films

    Since when did Ant Man become popular?
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  2. September 7th, 2005, 05:12 PM #2
    AngelicKnight
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    I wonder if that includes sequels to existing films, or if that's another budget? Cuz it looks like we have a LOT of sequels coming.
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  3. September 7th, 2005, 05:35 PM #3
    CXGJarrod
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    How many more comic book movies can we stand... I should write a comic book so I can sell the movie rights....
    N00b> STFU i r teh 1337 (english: You must be mistaken, good sir or madam. I believe myself to be quite a good player. On an unrelated matter, I also apparently enjoy math.)
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  4. September 7th, 2005, 06:08 PM #4
    AngelicKnight
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    How many more comic book movies can we stand
    Many, many, many more!
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  6. September 7th, 2005, 06:12 PM #5
    keezel
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    "The Tick"


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  7. September 7th, 2005, 06:21 PM #6
    Kthln01
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    Wasn't the Avengers already made?
    Difficult takes a day, Impossible takes a week~Kthln01!
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  8. September 7th, 2005, 07:04 PM #7
    AngelicKnight
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    Wrong Avengers...This Avengers is the Marvel equivalent to DC's Justice League.
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  9. September 7th, 2005, 07:07 PM #8
    Kthln01
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    oooooooohhh, I knew the first Avengers didnt seem very 'comic book-ish' , or comical, for that matter.
    Difficult takes a day, Impossible takes a week~Kthln01!
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  11. September 7th, 2005, 07:11 PM #9
    |3lack|ce
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    Since when did Ant Man become popular?
    You never heard of Atom Ant? Hrm. I'm entirely too old.
    Even a broken watch is correct twice a day.

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  12. September 7th, 2005, 07:17 PM #10
    Egaladeist
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    Well..hopefully DC comics won't be too far behind...with...

    LOBO the friggin fraggin bounty-hunter ( my personal favorite now )

    and

    The Spectre, the vengeful spirit ( my other favorite growing up )

    and, for good measure...

    a remake of the Swamp Thing...only not as campy and more gory

    Eg
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