Marvel Entertainment continues to expand its presence in the toy category through a new deal with Maisto International for die-cast toy vehicles featuring Marvel’s Super Heroes.
The Toy Book’s Toy Report 01/13/10
January 13, 2010 By
Marvel Files Federal Lawsuit over Comic Copyrights
January 11, 2010 By
Marvel Worldwide, Inc. filed a federal lawsuit in Manhattan on Friday asking a judge to invalidate 45 notices sent by the heirs of artist Jack Kirby that aimed to terminate Marvel’s copyrights. The notices said Marvel’s copyrights would terminate on dates ranging from 2014 through 2019. The heirs notified several companies last year that the rights would revert from Marvel to Kirby’s estate. Marvel argues that Kirby’s work on the comics were “for hire,” which makes the heirs’ claims invalid.
Marvel Acquisition Completed
January 4, 2010 By
Disney has completed its acquisition of Marvel Entertainment Inc., in which the company will become a wholly-owned subsidiary of Disney. Under the terms of the agreement, and based on the closing price of Disney on December 31, Marvel shareholders will receive $30 a share in cash, plus approximately 0.7452 Disney shares per Marvel share they own. The agreement was approved by Marvel stockholders. Marvel Entertainment, established in 1933, has a library of over 5,000 characters.
