the Evil Network

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Zoinks! Magazine | Nerdflood

Tuesday, September 06, 2005

Marvel Creates Superfund for Whoring Out IP for Movies


Link: http://news.moneycentral.msn.com/provider/providerarticle.asp?feed=AP&Date=20050906&ID=5087291
Posted by Nathaniel at 11:22 PM
In an effort to completely suck the life out of whatever value their properties still maintain, Marvel has announced a financial credit line deal with Merrill Lynch to help fund 10 more films based on their IP. These films will include such notable Marvel favorites as Power Pack, Ant-Man, and the beloved Shang-Chi (WTF?). Wow! I've been waiting all my life for a Power Pack movie! That's destined to be a summer blockbuster, for sure.

In related news, Marvel changed their name to Marvel Entertainment. This news seems rather anti-climactic compared to the thrilling news of an upcoming Hawkeye movie, huh?

No more details as they develop. I promise.

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