Marvel Entertainment is a character-based entertainment company with a proprietary library of over 5,000 characters, including Spider-Man, Iron Man, The Incredible Hulk, Captain America, Thor,...
NEW YORK -- Marvel Entertainment, Inc., (NYSE: MVL) a global character-based entertainment licensing company, is enhancing its presence in the apparel category through new or expanded agreements with industry leaders. The company has entered into an extensive licensing agreement with Fruit of the Loom for the children's underwear category. Additionally,...
NEW YORK -- Marvel Entertainment, Inc. (NYSE: MVL), a global character-based entertainment and licensing company, announced today that it has repurchased the full $100 million in common stock under its May 2006 authorization and that its Board of Directors has authorized an additional $100 million to be used for the...
NEW YORK -- Marvel Entertainment, Inc. (NYSE:MVL), announced today that is has terminated its licensing agreement with Toy Biz Worldwide Ltd., effective as of December 31, 2005, one year earlier than the license's scheduled termination date. As a result of the termination, in 2006 Marvel-branded action figures and other toys...
NEW YORK -- Marvel Entertainment, Inc. (NYSE: MVL), a global character-based entertainment and licensing company, today announced that David Maisel, 44, and John Turitzin, 51, have been appointed to the newly created position of Executive Vice President, Office of the Chief Executive. In their new roles, Messrs. Turitzin and Maisel...
NEW YORK -- Marvel Entertainment, Inc. (NYSE: MVL), a global character-based entertainment and licensing company, today announced that Laurence N. Charney, 60, has been appointed to Marvel's Board of Directors. Mr. Charney recently retired from his position as a Partner of Ernst & Young LLP, having served that firm for...
Marvel has signed a 10-year deal with Vivendi Universal's videogame unit to license the comic book giant's entire 4,700-character library as the basis for a massively multiplayer online role-playing title. Marvel will contribute ... Marvel has signed a 10-year deal with Vivendi Universal's ...
Seth Gilbert submits: With most of the big names in the media/tech space reported, it’s been an up and down earnings season. There have been some hits and some misses. There’s been some positive guidance and some suspect. Now three of the remaining big names have reported their performances. ...
Julia Boorstin submits: Marvel Entertainment's MVL second quarter came in solid, posting a 60 percent increase in net income, and raising its full-year forecast on the boffo performance of Iron Man and The Hulk. But its stock took a superhero-sized tumble, plummeting over 13 percent and ending the...
Chris Krasowski submits: It's been a hum-drum year for the Entertainment business as the US economy sputters along, dealing with high oil, housing prices, unemployment and inflation. Even though the big Summer Box Office totals were in line with records set last year, the higher average ticket price was...
Question-and-Answer Session Operator Operator Instructions Our first question comes from the line of Drew Crum at Stifel Nicolaus. Drew Crum - Stifel Nicolaus Ken, if I heard you correctly, you said that the theatrical box office will slide to 2009 -- just confirm that and just help us understand...
Dell has signed a digital distribution deal with Paramount Pictures to offer pre-loaded copies of the film Iron Man on new desktops and laptops. The pre-installed movie bundle will be on computers that users have chosen to customise at purchase. The move is part of a wider entertainment plan...
Question-and-Answer Session Operator Operator Instructions Your first question is from Drew Crum from Stifel Nicolaus. Please go ahead. Drew Crum - Stifel Nicolaus Thanks. Good morning, everyone. I wonder if you could start by talking about your guidance for 2008. Looking at the midpoint of that, the implied guidance...
Question-and-Answer Session Operator Operator Instructions The first question comes from the line of Barton Crockett with J.P. Morgan. Please proceed with your question. Your line is now open. Barton Crockett - J.P. Morgan Okay, great. Thanks for taking the question. I wanted to ask for maybe a little...
Question-and-Answer SessionOperator Your first question comes from Michael Savner - Banc of America. Michael Savner - Banc of America Securities Were there any other one-time payments aside from the settlement of the audit claims? Any other one-time benefits either in the third quarter or that's...
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Drew Crum - Stifel Nicolaus. Drew Crum - Stifel Nicolaus Good morning, everyone. I wonder if you could address your comments concerning the reduced forecast for toys? Is there a specific property that is driving...
Question-and-Answer SessionOperator Operator Instructions Our first question comes from the line of Michael Savner from Banc of America Securities. Please proceed. Mike Savner - Banc of America Good morning. Thanks for taking the question. Two unrelated questions; first, I guess this is an...
Question-and-Answer SessionOperator Operator Instructions The first question is come from the line of Elizabeth Osur with Citigroup. Please proceed. Liz Osur - Citigroup I just have two questions. First, could you talk about whether or not there is any material impact from the...
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Elizabeth Osur - Citigroup. Elizabeth Osur – Citigroup Thanks, great quarter, guys. I just wanted to follow up on your toy expectations for next year. I was hoping you could give us a little bit...
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