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Disney Buys Marvel, Now in Business with Every Studio in Hollywood

It was announced today that Disney shelled out $4 billion for Marvel Entertainment, Inc. Not only does it now own Spider-Man, the X-Men, and Iron Man, but is also in business with almost every Hollywood studio. What a tangled web!

More important than printing comics (which, they actually still do!), Marvel is valuable for the merchandising and movie rights to all it's characters—over 5,000—many of which have become the massive
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Posted December 31, 1969 by Defamer
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