TOLDJA! Paramount Pocketing $190M From Disney For Marvel ‘Iron Man 3′ + …
3 views - published on May 23rd, 2013 in Disney News tagged Disney, disney news, disneyland, walt disney, walt disney worldPrevious: Paramount Makes Money Off ‘Avengers’ Too
A year ago we was initial to toldja about Paramount‘s large payday from The Avengers and Iron Man 3 – a dual cinema left on a 6-pic placement understanding with Marvel. Now we can tell we how most Disney moolah it pocketed. According to calculations I’ve perceived from insiders, Paramount receives 9% of Disney’s take on what is approaching to be $1.2 billion worldwide sum melodramatic profits and projected subordinate (like homevideo, VOD, television) for Iron Man 3. So that works out to be about $90 million to a Melrose Avenue studio. Paramount also pockets 8% of Disney’s take on a $1.5 billion worldwide sum melodramatic profits plus ancillary for The Avengers. So that works out to be about $100 million. In other words, the sum dollars equal $190M. “It’s really nice,” a Paramount exec deadpanned. Oh, and did we discuss that, when we initial wrote about this deal, Disney was spitting insane during me?
To remind you, The Avengers was a initial Marvel Studios film marketed and distributed by The Walt Disney Studios that took over those duties from Paramount in 2012 after Bob Iger bought a comics party association for $4 billion in 2009. Then in 2010 Disney bought Paramount out of a final dual films and paid a reward to put all underneath a possess roof as shortly as possible. Paramount was to accept a smallest of $115M as an advance (paid in dual installments – half when The Avengers was released, and a other half when Iron Man 3 screened on May 3, 2013.) Paramount received overages since it was entitled to a aloft of possibly that $115M or a multiple of a 8% on Avengers and 9% on IM3. Oh, and Paramount also received onscreen credit. Unfortunately for Paramount, this money cow deal finishes with these 2 films.
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