Disney Buys Marvel Studios Distribution Rights From Paramount Pictures. Walt Disney Studios Home Entertainment acquired the home distribution rights for all Marvel films from Paramount Home Media Distribution at the end of last month. The full distribution transition will not conclude until the end of August. Distribution of Marvel films will not be interrupted.
The official press release on Walt Disney Studios Home Entertainment acquiring Marvel Studio’s home distribution rights:
Please be advised that effective 6/30/2013 Marvel has acquired the distribution rights for Marvel Studio’s Iron Man, Iron Man 2, Thor and Captain America: The First Avenger.
To ensure a smooth transition, Paramount Home Media Distribution will continue to distribute these titles for in-line/reset placement through 8/31/2013 in domestic territories. Effective immediately, Disney will handle promotional placement of these titles with the home entertainment release of Marvel’s Iron Man 3 in domestic territories.
Paramount will continue to honor and service existing distribution obligations.
Additional details pertaining to the transition plan will be communicated over the next several weeks.
On Walt Disney Studios Home Entertainment:
Walt Disney Studios Home Entertainment (incorporated as Buena Vista Home Entertainment, Inc. and formerly known as Buena Vista Home Video (1987-1997) and Buena Vista Home Entertainment (1997–present)) is the home video distribution division of The Walt Disney Company. Disney began distributing videos under its own label in 1978 under the name Walt Disney Home Video.
On Marvel Studios:
Marvel Studios, Inc. originally known as Marvel Films from 1993 to 1996, is an American television and motion picture studio based in Manhattan Beach, California. The Studio is a subsidiary of Marvel Entertainment, a wholly owned subsidiary of The Walt Disney Company. Being a part of the Disney conglomerate, Marvel Studios works in conjunction with The Walt Disney Studios, another Disney conglomerate unit, for distribution and marketing.
Marvel Studios includes numerous units and joint ventures, both operating and defunct; Marvel Television, Marvel Animation, Marvel Music, MVL Productions LLC, Marvel Films Animation, Marvel Animation Studios, and MLG Productions.
Amongst the many animated, television, feature film and music releases, the studio has been involved in three Marvel-character film franchises that have each exceeded one billion dollars in North American revenue—the X-Men, Spider-Man, and Marvel Cinematic Universe multi-film franchises.
Paramount Home Media Distribution (PHMD, formerly Paramount Home Entertainment, Paramount Home Video and Paramount Video) is the home video distribution division of Paramount Pictures (a subsidiary of Viacom, Inc.) dealing with home video founded in late 1975.
I think this was a good move on Disney’s part. Keep all your assets under one roof.
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