horaceluke
Member
Reading through it says either party can terminate the contract so with enough money disney can do what they want surely
No less than a billion IMO. You don't just gift away content to a creatively starved WDI to fix a stale DHS which you are in direct competition with. Universal needs enough from the deal to redo Superhero Island and build more attractions to compete with what Disney would add to DHS. Universal really has no incentive to make this deal. They are no longer cash strapped, and I'm sure they're enjoying the free Marvel publicity.
To be fair, when the Universal/Marvel contract was made, nobody ever thought Disney would buy Marvel.
To be fair, when the Universal/Marvel contract was made, nobody ever thought Disney would buy Marvel.
well, actually, the interesting point is that this contract stipulation we're discussing has a direct bearing on the possibility that Disney would, someday, buy Marvel. I'm sure most licensing agreements are designed with non-compete clauses....and perhaps the agreement was to protect Uni from any entity purchasing Marvel.
But whoever drew up the original contract had this exact scenario in mind....
Actually, whoever drew up the contract wanted to make sure Marvel couldn't open it's own park and couldn't license its characters to Disney, Six Flags, Busch, or anybody else. It wasn't a purchase they were worried about -- they just wanted to make clear that their license was exclusive for a geographic area. Pretty standard in any similar licensing agreement. Marvel did well not to give up the theme park rights west of the Mississippi.
Know what would be funny?
If Universal decided to build an Avengers ride at IoA.
:ROFLOL:
The money is going to Marvel Entertainment, not Walt Disney World. That makes for plenty of difference with the way The Walt Disney Company is structured. It's like suggesting that Comcast will stop paying to carry Disney channels because now Comcast and Disney compete in theme parks.Royalties
For every piece of Marvel merch sold at Uni, Disney gets the licensing royalty. Eventually, Uni is going to get fed up with watching their licensing fees go across town to their competition.
This was addressed back when the purchase was happening. Walt Disney Parks and Resorts is not allowed anywhere near Universal Orlando Resort's booksOversight
This has been discussed here in the past...but Disney has the right, as per the licensing agreement, to audit Uni's books associated with licensing royalties. In most cases, it's not that big of a deal (plenty of competitors pay licensing fees to one another)...but as soon as Disney's relationship with Uni turns contentious or litigious, it could get uncomfortable. For an example of how a licensing partner/competitor relationship turned ugly fast, look no farther than Apple v Samsung.
The money is going to Marvel Entertainment, not Walt Disney World. That makes for plenty of difference with the way The Walt Disney Company is structured. It's like suggesting that Comcast will stop paying to carry Disney channels because now Comcast and Disney compete in theme parks.
This was addressed back when the purchase was happening. Walt Disney Parks and Resorts is not allowed anywhere near Universal Orlando Resort's books
This comparison is simply not true. Disney DOES own Marvel, and therefor DOES benefit from Marvel royalties. Comcast can stop carrying Disney all they want, at their own detriment, but seeing as how Verizon is whooping up on Comcast in many new markets, Comcast isnt dumb enough to stop carrying Disney owned channels just to save a little notoriety from their theme park competition.
The notion that Disney making royalties off Marvel merch doesn't matter, and being any anything like Comcast carrying Disney's channels, is nonsense.
Yes, Disney does want the Marvel characters in their Florida parks. They are waiting for the contract to expire. The Transformers was designed as a replacement for Spider-Man, give it another 5 years. Oh here comes the SEC filing again - not the contract. Deadline Hollywood had to find Universal insiders who thought they knew something about the contract, but very few have actually seen it. According to the source, Universal is only allowed to use certain characters. They will not be allowed to add any more Marvel attractions, so no Avengers ride at Universal. If you don't believe me, take it up with Nikki Finke at Deadline Hollywood. She knows more about the industry than Disney boards.
However, most Disney purists (and there are many) will not be happy to see Marvel characters or attractions in the park.
I have seen this come up a few times and it seems to be a confusion regarding the Singapore version of the attraction. Transformers was designed for Universal Studios Hollywood but built first at Universal Studios Singapore. To save on costs, the Singapore version of the attraction maintained the track layout which was created to fit into the space constraints of Hollywood.EDIT: Forgot to add, while Transformers does have some similarities in Spider-Man in both ride system and special effects (they both have a water spray effect and fire effect) does not mean Transformers is designed for Spider-Man's space - the current Transformers take advantage of actual functioning elevators that are not possible in the Spider-Man building. I'm not saying it'd be impossible to Transformers into that space... it could probably be done with some significant tweaking, but it isn't a sign Spider-Man's leaving. They literally just completely upgraded it to great acclaim. It's one of the centerpieces of their 2012 marketing campaign.
Right. The lawyers must love it. The problem is that it was a contract between a comic book company and a theme park company that turned into a contract between a theme park company and a theme park company. All of the language in the contract used to basically mean, "Don't make any deals with anyone else". Now, all of a sudden, there's room for interpretation.To be fair, when the Universal/Marvel contract was made, nobody ever thought Disney would buy Marvel.
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