In its second quarter report, Marvel Ent. announced the production of a new animated direct-to-DVD feature entitled HULK SMASH. No plot details were announced, but it will be released via Lionsgate in Oct. 2008.
Tagged With: Marvel
Alan Fine has been appointed to the newly created position of evp/chief marketing officer of Marvel Characters Inc., a wholly-owned subsidiary of Marvel Ent., which owns and licenses Marvel's intellectual property library. Fine will be responsible for directing and coordinating Marvel's efforts to support and strengthen its brands.
Fine, who joined Marvel in 1996, will retain his current title of ceo of Marvel's publishing and toy divisions.
Industrial Light & Magic (ILM) has come on board as the principal visual effects house on the new Marvel Studios production of IRON MAN. Sister company Skywalker Sound, which houses EFILMs northern California outpost, completes the post-production triumvirate. Skywalker Sound will handle sound design and mix duties for the film.
Marvel Ent. Inc.reported operating results for the first quarter ended March 31, 2007. For Q1 2007, Marvel reported that net sales rose to $151.4 million and net income increased to $46.8 million, or $0.56 per diluted share, compared to net sales of $90.1 million and net income of $17.5 million, or $0.19 per diluted share, in Q1 2006.
Marvel Ent. is making its move to Broadway with a musical based on SPIDER-MAN, reports various news sources. Marvel has tapped U2's Bono and the Edge to create the music and lyrics while Tony-winning, LION KING director Julie Taymor will helm the stage production.
Auditions are under way, but no opening date has been set.
Hello Ent.'s David Garfinkle, Martin McCallum, Marvel and Sony Pictures Ent. will all produce with Hello securing the funding.
Marvel Ent. Inc., SEGA Europe Ltd and SEGA of America Inc. have expanded their relationship to include the rights to develop and distribute games inspired by Marvel's franchises -- CAPTAIN AMERICA, THE INCREDIBLE HULK and THOR. Through the exclusive, multi-year global licensing agreement, SEGA will create titles for console, handheld and PC platforms based upon both the classic comicbooks and planned feature film adaptations of these superheroes.
Two-time Academy Award nominee Edward Norton has signed on to play Bruce Banner, who when angry transforms into The Hulk in Marvel Studios' new big screen adaptation of THE INCREDIBLE HULK. The film, which is being directed by Louis Leterrier (TRANSPORTER 2, UNLEASHED) and distributed by Universal Pictures, is scheduled to smash into theaters on June 13, 2008.
It's now official: Rhythm & Hues is the lead vfx house on THE INCREDIBLE HULK, according to THE HOLLYWOOD REPORTER, with the Marvel superhero reportedly getting a more cartoony makeover in keeping with the popular comic than the CG version supplied by Industrial Light & Magic for the 2003 Ang Lee-directed HULK. Marvel Studios, which now has its own financing, will start production in June in Toronto.
Louis Leterrier will direct from a script by Stan Lee, Jack Kirby and Zak Penn. Lee also will serve as an exec producer.
Having just emerged from bankruptcy protection on Dec. 6, 2006, Stan Lee Media, today (March 15, 2007), filed suit against Marvel Ent. worth $5 billion. In the suit, Stan Lee Media is claiming co-ownership of all Stan Lee's co-creations for Marvel, including Spider-Man, X-Men and the Incredible Hulk. Stan Lee Media requests half of Marvel's earnings derived from those creations, in addition to damages and legal fees.
Mort Handel, chairman, Marvel Ent., announced that David Maisel has been named chairman, Marvel Studios and Kevin Feige has been named president of production.
Maisel joined Marvel in Dec. 2003. He was responsible for the conception and execution of the company's new film production initiative, including the establishment of the $525 million non-recourse loan facility to finance that strategy.
Marvel Ent. Inc. announced that it has satisfied all funding requirements under the company's previously announced $525 million non-recourse credit facility and has begun borrowing from the facility to finance its first self-produced and financed feature film, IRON MAN. Additionally, Marvel has finalized distribution deals for IRON MAN and THE INCREDIBLE HULK in the international territories for which it controls distribution rights. Paramount Pictures will distribute IRON MAN and Universal Pictures will distribute THE INCREDIBLE HULK in North America and all other international territories.
Marvel Studios announced that it has signed Academy Award winner Gwyneth Paltrow to join the cast of the summer 2008 tentpole, IRON MAN. Paltrow will take on the role of Virginia "Pepper" Potts, personal secretary and confidant to Tony Stark aka Iron Man, who is being played by Robert Downey Jr. The film is slated to hit theaters May 2, 2008.
Paltrow joins Downey Jr. and Terrence Howard as Jim "Rhodey" Rhodes, Stark's best friend. Jon Favreau is set to direct.
Marvel has announced that the soundtracks for ULTIMATE AVENGERS, ULTIMATE AVENGERS 2 and INVINCIBLE IRON MAN are now available on iTunes. Each soundtrack is performed by a live orchestra and composed by Emmy Award-winning composer Guy Michelmore
For ULTIMATE AVENGERS, Michelmore conducts Seattle's Northwest Sinfonia orchestra, highlighted by the sounds of a choir singing Old Norse lyrics describing Thor's mighty battles.
For additional information visit http://www.marvel.com.
Marvel Ent. initiated financial guidance for 2007 and revised its financial guidance for 2006. The financial guidance was provided in conjunction with the reporting of operating results for the third quarter and nine-month periods ended Sept. 30, 2006.
For Q3 2006, Marvel reported net income of $13.2 million, or $0.16 per diluted share, net of a $0.7 million charge for FAS 123R share-based payments. This compares to net income of $23.4 million, or $0.23 per diluted share, in the year-ago third quarter period, which did not include any stock option expense.
Marvel Studios and Vancouver-based production company, No Equal Ent., have entered into an agreement to develop a live-action television series based on Marvel's cult favorite MOON KNIGHT.
First introduced by Marvel Comics in the mid-1970s, MOON KNIGHT presents the story of soldier of fortune Marc Spector. After an encounter with the Egyptian god of vengeance and the moon deity Konshu, he becomes Moon Knight, a superhero who hunts criminals in the night, bringing them to justice.
At Comic-Con, the Oscars of the comicbook industry the Will Eisner Aewards were handed out. BUFFY creator Joss Whedon took home one of the top prizes for his work on ASTONISHING X-MEN in the Best Continuing Series award.
The full list of winners include:
Best Short StoryTEENAGE SIDEKICK, by Paul Pope, in SOLO #3 (DC)
Best Single Issue (or One-Shot)SOLO #5, by Darwyn Cooke (DC)
Best Serialized Story
Continuing its strategy to independently develop and produce a new slate of feature films, Marvel Studios has signed director Louis Leterrier (TRANSPORTER 2, UNLEASHED) to helm a new big screen adaptation of THE INCREDIBLE HULK.
At San Diego Comic Con in Booth #719, Marvel Comics and Planetwide Games will unveil new content for Planetwide Games original Comic Book Creator interactive entertainment software. Under the terms of the agreement between the two companies, Planetwide Games has the right to create and publish versions of the interactive software and content booster packs for Comic Book Creator based on classic Marvel s characters such as the X-Men, Spider-Man, Fantastic Four, Hulk, Daredevil, Ghost Rider, The Punisher, Captain America, Thor, The Avengers, and Dr. Octopus to name a few.
Paramount Pictures and Marvel Ent. will kick off the 2008 summer movie-going season on May 2, with IRON MAN, the first motion picture to be produced by Marvel under its alliance with Paramount. Jon Favreau will direct.
Marvel Ent. Inc. has entered into a new arrangement with Avi Arad to independently produce films for Marvel under his own production company banner, Avi Arad Prods. Arad will remain actively involved in Marvel's upcoming film slate, including IRON MAN and HULK, the first two films anticipated to be financed and produced by Marvel under its new film financing slate.
As part of its overall slate of self-produced films based on Marvel superheroes, Marvel Studios has tapped director/actor/writer Jon Favreau (ELF) to direct the big screen adaptation of IRON MAN. In addition to helming, the ZATHURA director will develop the script with the writing team of Arthur Marcum and Matt Holloway (CONVOY).
In its fourth quarter report, Marvel Ent. Inc. revealed that it has regained the film rights to the Incredible Hulk character and is very aggressively developing a sequel to the HULK feature film. Marvel Studios head Avi Arad said in the Earnings Conference Call that Universal would still distribute the sequel.
As Marvel Studios moves into a production unit of its own, the house that superheroes built has promoted Kevin Feige to president of production, Ari Arad to evp production and Craig Kyle to vp creative development, animation, according to THE HOLLYWOOD REPORTER.
Hasbro Inc. and Marvel Ent. Inc. announced a license under which Marvel has granted Hasbro toy and game rights to its superhero universe that includes franchises such as SPIDER-MAN, FANTASTIC FOUR, X-MEN and CAPTAIN AMERICA. Through the agreement, Hasbro has obtained the rights to develop products based on Marvel's globally-known universe of more than 5,000 characters in a wide range of toy and game categories including action figures, role play and preschool toys, board games and puzzles.
Due to New Lines stalled development of an IRON MAN feature, Marvel has regained the film rights to the comicbook franchise, reports VARIETY. After the project was in development hell for more than two years, the franchises option expired this summer and Marvel opted not to renew with New Line. Now the feature will start from scratch at Marvel with a new script, which will either be produced in-house or licensed to another studio.