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We'll Spiderman just got a new boss just fighting say hello to making the house the Walt Disney company today.
Announcing that it is buying Marvel Entertainment home to such iconic super -- the whole.
Iron Man the fantastic four -- don't forget the silver surfer and countless others.
For the hefty sum up all four billion dollars a lot of people say it was a little too much to be paid for one analyst says the acquisition though.
Will help Disney appeal to young men who have flocked to theaters to see marvel superhero fare in recent years.
Recent -- successes such as Hannah Montana and the Jonas Brothers obviously appealed more to young women and now for his first television interview since the announcement today that bad -- who created many of those.
Marvel superhero characters and created fans like me who will be fans for the rest of his life.
Stan ley joining us now the ball stand getting here is okay.
I might benefit potential and -- you.
I'm Fareed I've also I hope your favorite fan I got -- -- put that before financial interviewer.
Now when did you first hear about this deal -- Clearly this morning at 6 PM.
I got a call.
From Dick -- -- always beat president motion -- Disney motion pictures and he told me he should stand.
Even as we speak bad news is going out.
It was thrilling it really -- it's.
You did you have any inkling that something like this was -- -- works.
Not at hole.
It came as a complete surprise.
They've -- pleasant surprise I.
We're gonna talk about why it's a pleasant surprise -- I know your big fan of the deal but I -- you've been dealing a lot with Disney over the past couple years I know how entertainment.
-- firm is is very much involved with them on a number different projects -- right.
We have -- what they called a first -- deal with -- everything I do they have to get a -- look at it we have three movies in development with -- now plus our new feature but it -- the F mobile phones.
-- -- Talk and jumper and did so we're very active with Disney and I love them and I -- marvel at it like -- best friends are coming.
Yeah that's wonderful now tell us why you you'll like this -- because some people would say.
You know the characters of Bambi and snow wider so different from the characters and the hope in the silver surfer inspired and more edgy but what do you say to that.
Not because they characters have the hope in the -- -- and Bambi and so what.
Characters that you have to care about and what we have caring about it and all open -- Or -- caring about it big green monster who wishes he weren't a big green monster it's -- same thing.
It's all characters that you remember and you're encouraged it didn't impress me is.
-- -- Doing characters.
Now they have been concentrating.
More on the younger market.
They've concentrated quite a bit on females.
But when they get out to do an action movie.
Or something like pirates of the Caribbean nobody does it better.
Well that's true when there are some pretty edgy characters like Johnny Depp character would you.
Well so what is the culture of Disney like you've worked well for marble for.
Four red for Disney aren't aren't are they gonna have any clashes or did they -- Willie integrate well the effect.
I would think they would integrate perfectly.
Obviously -- know the people at marble I know the marble culture but I can tell you need those -- people are Smart.
-- -- -- -- They -- no business and they are also very creative and dealing with them.
Has been an absolute joy so I think this is going to work out perfectly it's like.
It's completed the circle marble.
And that is -- and a little bit of our entertainment -- that's -- and I think it's great.
That's wonderful by the way it was it was similar to -- when when that news -- bought.
Dow Jones in the Wall Street Journal it's wonderful I used to work at a journal back when there was Dow -- it's it's great when these companies got together again you can you can be one of the uniter is.
Are you gonna play a role here stance -- you have a unique position of having worked for both companies.
You could be one of the diplomats if any is needed.
That's made -- unique I really don't know what my role will be because we haven't.
I haven't really sat down to talk to anybody about it but I'm hoping they'll be something put me somewhere because as I say I love what both those companies don't -- a little bit of experience.
And I wouldn't be surprised if somewhere along the line.
They have a spot -- make.
By the way I hope you have as much stock as well I guess nobody had as much stock is mr.
From -- -- he made out pretty well -- this deal but.
Well -- kind of dessert that I mean he's the guy who took marble and his partner -- a rod -- from bankruptcy.
They turned -- into a gold mine again and then a -- -- funny thing but things usually work out the way they should you know.
It's it is funny how that happens very often it does -- -- doesn't always sometimes it messes up but one of the great things about marble was how they took.
The comic book to the silver screen so.
I say effortlessly -- I know there was a lot of effort that went into it but it looked effortlessly from from the consumer's standpoint.
Whenever you do something right to it always looks effortless that's really the -- and the people at -- new.
Just how these characters should be presented.
And the thing I like about Disney.
When they do something they know what I didn't do -- And there are also such a great marketing company I mean just imagine what they can do with those marvel characters.
-- -- -- Yeah well in the theme parks you think about the tradition heralded Disney -- That some fans who were a little bit meant to.
And they keep saying how can you put Mickey Mouse next -- Iron Man but that's not the case there is room for both -- -- and both of them can be done beautifully and can be successful.
And there's no reason to think that.
This won't turn out to be -- a roaring success.
By the way what -- what is the next character we're gonna see that might be this amalgam of Disney and marvel.
I don't know because -- that say I haven't had a chance to talk to any of the people yet but I can't well.
It could do that.
-- well we can't wait to see what you create you've created such wonderful -- a marble and -- Disney.
Now you'll get to do it all and want -- -- that's part about it is what's that as soon as I learn a little something about it.
Our expectation that -- really didn't do another and -- even -- I love doing.
Joblessness -- we love having me on any time any day Standley.
Powell entertainment president and soon to have some role we can imagine.
In this amalgam of Disney and marvel -- congratulations Stan thanks a lot for targeted.
Thanks -- -- -- that was great -- with.
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