Paramount creates large bucks on Disney’s Marvel movies
3 views - published on May 25th, 2013 in Disney News tagged Disney, disney news, disneyland, walt disney, walt disney world
Annlee Ellingson
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With “Iron Man 3” coming $1.1 billion during a tellurian box office, Paramount stands to collect scarcely $200 million though lifting a finger.
The understanding stems from a Walt Disney Co.’s $4 billion understanding to acquire Marvel Entertainment in 2009. At a time, Paramount had distributed a comic-book company’s “Iron Man” and a initial sequel, “Thor” and “Captain America: The First Avenger.” The Melrose studio owned rights to dual films left in a six-picture deal: “Iron Man 3” and “The Avengers,” though a Mouse House was penetrating to move all a “Avengers” characters underneath a auspices.
In Oct 2010, Disney concluded to compensate Paramount $115 million for a rights to discharge and marketplace what incited out to be a dual highest-grossing films of all time or an 8 percent cut of “The Avengers’” tellurian placement revenues and 9 percent of “Iron Man 3’s,” whichever is greater, reported a Los Angeles Times. The latter unfolding finished adult being a case, and according to calculations common with Deadline, Paramount could finish adult with a $190 million payday.
The studio has already collected $100 million for “The Avengers’” $1.5 billion in tellurian box bureau and projected subordinate revenues from home video, video on direct and television. And formed on projected worldwide sheet sales of $1.2 billion, “Iron Man 3” is approaching to beget $90 million for Paramount. The company’s signature towering trademark also appears on both films.
By comparison, Paramount perceived a 10 percent placement price for “Iron Man,” that done $585.2 million worldwide, and 8 percent for “Iron Man 2” ($623.9 million), “Thor” ($449.3 million) and “Captain America” ($368.6 million), per Variety.
Neither studio approaching approaching their agreement to be utterly so remunerative for Paramount, though it’s still a good understanding for Disney, that can now feat a films opposite all of a businesses, including consumer products and radio programming.