Paramount and Marvel are happy with the music they’ve been making together and will continue to do so. We get news of their renewed vows from our friends at IESB:
Paramount Pictures, a unit of Viacom, Inc. and Marvel Studios, a subsidiary of Marvel Entertainment, Inc. today announced an agreement under which Paramount will distribute Marvel’s next five self-produced feature films on a worldwide basis.
The deal, an extension of the original agreement made by Brad Grey when he arrived as CEO and Chairman of Paramount Pictures, includes theatrical distribution in foreign territories previously serviced by Marvel through local distribution entities (Japan, Germany, France, Spain and Australia/New Zealand). The distribution pact capitalizes on Marvel and Paramount’s successful efforts with “Iron Man,” which has grossed $574 million worldwide for Marvel.
If it ain’t broke, don’t fix it. These are wise words, and it’s good to see Marvel adhering to them like scripture from magical golden plates.
This team up is currently working quite well and I have no doubt that they will continue to do so. Marvel just had had a great summer, now we just hope that they continue to do likewise. Greed can cause a world of mistakes, but hopefully they’re able to keep a level head about the money they made, keep their commitment to excellence and stay the course. All we want are quality films, and we will gladly shovel money into their coffers.
