When it comes to litigation, Ron Perelman, the billionaire financier and Revlon chairman, doesn’t exactly have a flawless track record. Last year, the ginormous ($1.57 billion) jury award that he won against Morgan Stanley over the 1998 sale of Coleman to Sunbeam, was reversed. Now, after a decade-long litigation with the trustees of comic-publisher Marvel, […]
Entries Tagged as 'Financial'
Trustees of Hulk, Spidey & Co. Settle With Perelman for $80 Mil
August 8th, 2008 · No Comments
Tags: Financial
Marvel upgrades guidance, stock falls
August 6th, 2008 · No Comments
Iron Man and the Incredible Hulk got no respect from investors Tuesday.
In its first financial report that includes revenue from producing its own movies, Marvel blew past Wall Street’s expectations, then it raised guidance, and the stock plunged.
By the end of trading Tuesday, Marvel shares had dropped 11.5% to $31.19, and the stock led Tuesday’s […]
Tags: Financial
UFC buying IFL?
July 19th, 2008 · No Comments
HDNet’s Inside MMA reports that the IFL will be bought by the UFC, according to a senior producer of the show. MMAPayout.com has confirmed that talks between the IFL and UFC are taking place. UPDATE: Inside MMA has learned that the UFC is in the process of acquiring the IFL. The news was shared with […]
Tags: Financial · MMA / Pro Wrestling
Activision-Vivendi to merge
July 8th, 2008 · No Comments
Activision shareholders Tuesday are expected to approve a merger with Vivendi Games that will allow the deal to close within days and create a new top dog in the fast-growing video gaming world.
The terms of the deal, first unveiled in December, valued the new Activision Blizzard at $18.9 billion. Current gaming king Electronic Arts’ market […]
Tags: Financial
Stockholders consider Hulk a bomb?
June 20th, 2008 · No Comments
Did I read correctly? Did former Fool Steven Mallas just write that The Incredible Hulk, Marvel Entertainment’s (NYSE: MVL) latest run at box-office gold, which exceeded industry expectations with a $54.5 million opening over the Father’s Day weekend, is a … bomb?
Yes. His rationale, posted on BloggingStocks:
The awful Hulk movie that was released back in […]
Tags: Financial
XM and Sirius about to merger?
June 16th, 2008 · No Comments
Can it be? Is the Federal Communications Commission finally doing what it should have done several months ago?
The Wall Street Journal reported this morning that FCC Chairman Kevin Martin is urging his regulatory staff to approve the combination of XM Satellite Radio (Nasdaq: XMSR) and Sirius Satellite Radio (Nasdaq: SIRI).
With the two apparently agreeing to […]
Tags: Financial
Newsarama: Economy and Webcomics
June 12th, 2008 · No Comments
Here is another part to the Newsarama series on the effect of the economy on comics. Today they focus on Webcomics. Read the entire article here.
source: newsarama.com
Marvel releases 1Q 08 finances. Talks about (4) new movies planned.
May 5th, 2008 · No Comments
Marvel this morning released its First Quarter 2008 numbers this morning, and along with them, news that officially, an Iron Man sequel is slated for 2010 along with Thor, and two “Avenger-themed” movies in summer of 2011: Captain America (May) and The Avengers (July).
Matthew Vaughn was announced as the director last August.
That’s the fan-pleasing news. […]
Tags: Financial