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Monday
29Sep2008

Marvel, Paramount Reach Deal for 'Iron Man' Sequels and More

Who cares if the world is crumbling in on itself today - Marvel just signed a distribution deal for its next five movies!

Paramount now has the rights to Marvel's next handful of self-produced films, which will include Iron Man 2, Thor, The First Avenger: Captain America, The Avengers, and eventually, Iron Man 3. The move comes a day before Iron Man will be released on DVD, and because that film in particular deserves the bulk of the credit for Marvel's rosier 2008 revenue projections (up from $65 - $80 million to $125 - $140 million), tying with its distributor makes a lot of sense.

Let's also not lose sight of DC Comics' The Dark Knight, which has reinvigorated the situation between DC and its parent company, Warner Bros. The studio announced in the past few weeks that it was going to develop a few more DC titles is a vein similar to Christopher Nolan's Batman franchise, including a retooled Superman.

With Paramount delivering the year's second-biggest comic book movie, it makes sense for Marvel to try to reach a more exclusive arrangement as the distance between its revenue and DC's revenue gets smaller. Marvel currently has deals with Fox for X-Men and its spinoffs and with Sony for Spider-Man.

"Coming off of Iron Man’s incredible success this summer, we could not be more excited about extending our relationship with Marvel," said Rob Moore, Vice Chairman of Paramount Pictures. "Marvel’s iconic brand, its popular characters and its proven ability to create compelling and visually spellbinding films complement Paramount’s great history of filmmaking. We look forward to a long and successful run together."

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