TOLDJA! Paramount Pocketing $190M From Disney For Marvel ‘Iron Man 3′ + ‘Avengers’

By NIKKI FINKE, Editor in Chief | Thursday May 23, 2013 @ 2:31pm PDT

Previous: Paramount Makes Money Off ‘Avengers’ Too

ParamountA year ago I was first to toldja about Paramount‘s big payday from The Avengers and Iron Man 3 - the two movies left on its 6-pic distribution deal with Marvel. Now I can tell you how much Disney moolah it pocketed. According to calculations I’ve received from insiders, Paramount receives 9% of Disney’s take on what is expected to be $1.2 billion worldwide gross theatrical receipts plus projected ancillary (like homevideo, VOD, television) for Iron Man 3. So that works out to be about $90 million to the Melrose Avenue studio. Paramount also pockets 8% of Disney’s take on the $1.5 billion worldwide gross theatrical receipts plus ancillary for The Avengers. So that works out to be about $100 million. In other words, the total dollars equal $190M. “It’s very nice,” a Paramount exec deadpanned. Oh, and did I mention that, when I first wrote about this deal, Disney was spitting mad at me?

Marvel DisneyTo remind you, The Avengers was the first Marvel Studios film marketed and distributed by The Walt Disney Studios which took over those duties from Paramount in 2012 after Bob Iger bought the comics entertainment company for $4 billion in 2009. Then in 2010 Disney bought Paramount out of the final two films and paid a premium to put everything under its own roof as soon as possible. Paramount was to receive a minimum of $115M as an advance (paid in two installments – half when The Avengers was released, and the other half when Iron Man 3 screened on May 3, 2013.) Paramount received overages because it was entitled to the higher of either that $115M or the combination of its 8% on Avengers plus 9% on IM3. Oh, and Paramount also received onscreen credit. Unfortunately for Paramount, this cash cow deal finishes with these 2 films.

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‘The Avengers’ Marketing Chiefs Assemble For New Golden Trailers Nod

By THE DEADLINE TEAM | Wednesday May 1, 2013 @ 5:38pm PDT

Avengers, Golden Trailer AwardsIf your trophy show is going to inaugurate its first new category since the Clinton administration, not a bad idea to dole it out to the third-biggest film of all time. Deadline has learned exclusively … Read More »

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MTV Movie Awards Ratings Up Double Digits From 2012

By DOMINIC PATTEN | Monday April 15, 2013 @ 2:07pm PDT

Rebel WilsonBig winner Jennifer Lawrence didn’t show up at last night’s 2013 MTV Movie Awards and Parks & Recreation’s Aubrey Plaza got thrown out but that didn’t stop viewers from watching.  With 3.8 total … Read More »

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‘Avengers’, ‘Silver Linings Playbook’ Top 2013 MTV Movie Awards

By THE DEADLINE TEAM | Sunday April 14, 2013 @ 8:41pm PDT

The Weinstein Co.’s Silver Linings Playbook and leading duo Jennifer Lawrence and Bradley Cooper came up big at the 2013 MTV Movie Awards, nabbing Best Female Performance, Best Male Performance, and Best Kiss at the annual fan-driven ceremony. Marvel’s The Avengers took home three awards including Movie Of The Year, while host Rebel Wilson and her breakout summer pic Pitch Perfect also garnered kudos. Meanwhile, Taylor Lautner of Summit’s The Twilight Saga: Breaking Dawn — Part 2 snagged a win out of the film’s lone nomination: Best Shirtless Performance. Here’s the full list of winners, highlighted in bold:
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UPDATE: Disney Confirms Layoffs At Studio Following Internal Review

By DOMINIC PATTEN | Wednesday April 10, 2013 @ 9:25am PDT

UPDATE, 9:25 AM: Disney has just released a statement confirming our scoop about job cuts at Walt Disney Studios, which are now underway.

As part of an ongoing review to ensure that the Studios’ operational structure and economics align with the demands of the current marketplace, we have made the difficult decision to reduce our staffing levels in several divisions of the Studio.

PREVIOUS, MONDAY AM: Disney shares are trading around their all-time high. But Wednesday looks like the day Disney will drop the ax for its expected layoffs. I have learned that about 150 people at Walt Disney Studios will receive pink slips. Sources say the cuts will come from across all of Disney Studios businesses, including the music and NYC-based theatre departments. At this point it looks like a one-time round of layoffs, but an overall reorganization affecting other divisions is planned for later this year and that could include more cuts. They’re coming as a result of an internal review ordered late last year by CEO Bob Iger and CFO Jay Rasulo to pinpoint superfluous positions and increase efficiency. But the company is already doing well with mega-blockbusters including The Avengers. Net profits for the fiscal year that ended in September increased 18% to $5.7 billion on revenues of $42.3 billion.

Related: Disney Fiscal Q1 Earnings & Revenues Beat Expectations Read More »

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Mark Ruffalo Rules Out Solo ‘Hulk’ Movie

By THE DEADLINE TEAM | Thursday March 7, 2013 @ 10:58am PST

Ross Lincoln is a Deadline contributor.

After the huge success of Disney and Marvel Studios‘ The Avengers, the continuation of the Marvel movie universe has been a fait accompli. In addition to Iron Man 3 and the sequels to Captain America: The First Avenger and Thor, already planned prior to The Avengers, several new films exploiting lesser known Marvel Characters, most notably Guardians Of The Galaxy and Ant Man have been greenlit. Left untapped is a third attempt to make a successful Incredible Hulk movie, particularly noticeable after Mark Ruffalo‘s performance as Bruce Banner/The Hulk in The Avengers emerged as that film’s most celebrated success. There’s been a wave of speculation and rumor that a Ruffalo-starring Hulk film is under consideration, but that conversation can be put to rest – for now – as Ruffalo took to Twitter to pour cold water on the prospect. “A lot of folks have been asking about the Next Hulk. The next time you see my Hulk it will be in the Avengers2. No plans for stand alone.” In a follow up to that tweet, he did make it clear that the door isn’t closed, adding “I am not giving up on another stand alone HULK. But it’s not in the works right now. One never knows what the future will bring.” Regardless, it would seem, for now, that a new Hulk film is not in the cards. Read More »

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Samuel L. Jackson Lets Loose On ‘Django’, Tarantino, Slavery, Oscars And Golden Globes – Interview

Pete Hammond

With a filmography that includes roles in some of the highest-grossing movies of all time including The Avengers, Iron Man and the Star Wars series Samuel L. Jackson clearly knows how to pick ‘em. And that is entirely intentional. … Read More »

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SNL: Jeremy Renner Mocks ‘The Avengers’

By NIKKI FINKE, Editor in Chief | Sunday November 18, 2012 @ 2:20am PST

Considering that Marvel pays its actors next to nothing, this must be ‘Hawkeye’ Jeremy Renner’s revenge. Too bad this skit isn’t more badass:

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Stan Lee’s Former Company Claims Disney Doesn’t Own Marvel Superheroes; Wants Billions in Damages

By DOMINIC PATTEN | Tuesday October 9, 2012 @ 6:47pm PDT

Stan Lee Media, Inc. wants the profits from the $5.5 billion it says the Walt Disney Company has made from superhero movies and merchandise based on characters created by Stan Lee. Those characters include Iron Man, Spider-Man, most of The Avengers, The X-Men and more. “Defendant The Walt Disney Company has represented to the public that it, in fact, owns the copyright to these characters as well as to hundreds of other characters created by Stan Lee. Those representations made to the public by The Walt Disney Company are false,” says the company’s copyright infringement complaint filed today (read it here) in a Colorado court. SLMI, which Lee himself has nothing to do with nowadays, is seeking “the maximum statutory damages allowable” plus full control over Iron Man, Spider-Man and other characters. A failed party to past litigation with Lee himself and Marvel, SLMI also is seeking a jury trial in this case. Read More »

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Marvel Studios Heading To Disney’s Backyard

By DOMINIC PATTEN | Wednesday September 19, 2012 @ 10:34am PDT

It been over three years since Disney announced they were buying Marvel for $4 billion but the superhero studio is finally moving in. Or at least closer. And Marvel’s move to Glendale from Manhattan Beach next year … Read More »

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Scarlett Johansson & Kerry Washington Urge Democrats To Get Out The Vote

“What has been accomplished and what is at stake, whether we can get health care, afford to go to college, be guaranteed equal pay, all of these things are at great great risk,” The Avengers star told the … Read More »

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‘The Avengers’ Goes Even Wider For Labor Day Weekend

By MIKE FLEMING JR | Thursday August 30, 2012 @ 11:49am PDT
Mike Fleming

Marvel’s The Avengers will try to raise its gross tally by expanding to about 1,700 theaters on Labor Day weekend, its 18th week of domestic release. The worldwide gross is nearly $1.5 billion, already making it the third biggest grossing … Read More »

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Marvel Announces New ‘Avengers’ Mobile Game (Sort Of): First Look

By DOMINIC PATTEN | Wednesday August 15, 2012 @ 3:32pm PDT

Marvel proclaimed today that “something massive is smashing into mobile”. That was the mega-secretive company’s way of an announcement on their website in the Games News section. Beyond that, this illustration, and a “stay tuned” message, there are few details. No clue  if this is related to the Marvel: War Read More »

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ABC And Marvel Eying ‘Avengers’-Themed TV Series

By NELLIE ANDREEVA | Friday July 27, 2012 @ 5:07pm PDT
Nellie Andreeva

EXCLUSIVE: After scoring huge at the box office with its Avengers movie, Marvel is looking to explore the mythology on the small screen too. I’ve learned that Marvel’s TV division is in conversation with ABC and ABC Studios about … Read More »

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Comic-Con: Disney, Marvel Screen ‘Item 47′

By MIKE FLEMING JR | Friday July 13, 2012 @ 9:14pm PDT
Mike Fleming

Disney and Marvel tonight hosted a fan screening of Item 47, the short film that will be a prelude to the September 25 DVD release of The Avengers. The screening was organized for fans, the culmination of a daylong Avengers and Item 47-themed scavenger hunt. Short was directed … Read More »

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‘The Avengers’ Soars But ‘Battleship’ And ‘The Dictator’ Sink In Profit Tally: Kagan

The Avengers Profit MarvelOnly two of eight major movies released last month are clearly destined to make a profit — and one of them is, surprise!, Marvel’s The Avengers — according to SNL Kagan’s latest monthly tally. The firm … Read More »

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Marvel Releases First ‘Iron Man 3′ Photo

By THE DEADLINE TEAM | Monday June 4, 2012 @ 10:19am PDT

Iron Man 3 PhotosJust two days after The Avengers became the third most successful movie of all time, production has started on Iron Man 3 in North Carolina. Marvel and Disney released this first photo … Read More »

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SUMMER SLUMP? Will Smith’s ‘MIB3′ Slows To $70M Memorial Weekend; Fifth Major Movie To Disappoint; Global Cume $203.2M; ‘Avengers’ Still Setting Box Office Records

May 25-28 Weekend Actuals, Memorial Day Weekend

1. Men in Black 3 3D (Columbia/Sony) NEW [4,248 Theaters] PG13
Friday $17.7M, Saturday $19.1M, Sunday $17.8M, Monday $14.7
3-Day Weekend $54.6M, 4-Day Holiday $69.3M,

2. Marvel’s The Avengers 3D (Disney) Week 4 [3,918 Theaters] PG13
Friday $9.7M, Saturday $14.1M, Sunday $13M, Monday $10.5M
3-Day Weekend $36.7M, 4-Day Holiday $47.2M (-15%), Cume $523.9M

3. Battleship (Universal) Week 2 [3,702 Theaters] PG13
Friday $3.1M, Saturday $4.1M, Sunday $3.9M, Monday $2.9M
3-Day Weekend $11.1M, 4-Day Holiday $13.9M (-45%), Cume $47.4M

4. The Dictator (Paramount) Week 2 [3,014 Theaters] R
Friday $2.8M, Saturday $3.3M, Sunday $3.2M, Monday $2.2M
3-Day Weekend $9.3M, 4-Day Holiday $11.5M (-34%), Cume $43.3M

5. Dark Shadows 3D (Warner Bros) Week 3 [3,404 Theaters] PG13
Friday $2.1M, Saturday $2.8M, Sunday $2.6M, Monday $1.9M
3-Day Weekend $7.5M, 4-Day Holiday $9.4M (-25%), Cume $64.9M

6. Chernobyl Diaries (Alcon/Warner Bros) NEW [2,433 Theaters] R
Friday $3.5M, Saturday $2.4M, Sunday $2.0M, Monday $1.4M
3-Day Weekend $8.0M, 4-Day Holiday $9.4M

7. What To Expect When You’re Expecting (Lionsgate) Week 2 [3,021
Theaters] PG13
Friday $2.2M (-42%), Saturday $2.6M, Sunday $2.3M, Monday $1.7M
3-Day Weekend $7.1M, 4-Day Holiday $8.8M (-17%), Cume $23.8M

8. Best Exotic Marigold Hotel (Fox Searchlight) Week 4 [1,233
Theaters] PG13
Friday $1.7M, Saturday $2.5M, Sunday $2.3M, Monday $2M
3-Day Weekend $6.4M, 4-Day Holiday $8.4M (+159%), Cume $18.6M

9. The Hunger Games (Lionsgate) Week 10 [1,421 Theaters] PG13
Friday $600K, Saturday $882K, Sunday $829K, Monday $702K
3-Day Weekend $2.3M, 4-Day Holiday $3.0M (+2%), Cume $396.0M

10. Think Like A Man (Screen Gems/Sony) Week 6 [786 Theaters] PG13
Friday $405K, Saturday $560K, Sunday $500K, Monday $349K
3-Day Weekend $1.5M, 4-Day Holiday $1.8M (-32%), Cume $88.7M

MONDAY, 6TH UPDATESo Men In Black 3 officially opened with a $55M three-day weekend and a $70M four-day Memorial Holiday. (Although rival studios say the numbers are slightly less: $54.5M/$68M.) That’s still not anywhere close to the $90M where Hollywood thought this popular franchise would debut its threequel, or the $80M which Sony Pictures expected. Even not adjusted for the 3D premium or higher ticket prices or inflation, MIB3 couldn’t beat Will Smith’s I Am Legend ($77M in 2007) or Hancock ($62M in 2008). MIB3‘s  international number is $133.2M for a worldwide cume of $203.2M. IMAX sales contributed worldwide approximately $12.5M, which is 20% higher than their previous record for a worldwide memorial day release. Problem is that MIB3 was very expensive to make at a cost of between $225M to $300M. Plus, demonstrating more trouble for Hollywood, overall moviegoing of $190M for this holiday weekend was down a huge -31% from last year’s record. For more analysis, see below:

Here’s the Top Ten (based on 4-day holiday estimates):

1. Men in Black 3 3D (Columbia/Sony) NEW [4,248 Theaters] PG13
Friday $17.8M, Saturday $19.2M, Sunday $17.9M, Estimated Monday $15.0M
3-Day Weekend $55M, 4-Day Holiday $70M,
International Cume $133.2M, Global Cume $203.2M

2. Marvel’s The Avengers 3D (Disney) Week 4 [3,918 Theaters] PG13
Friday $9.6M, Saturday $14.1M, Sunday $13.2M, Monday
3-Day Weekend $36.7M, 4-Day Holiday $46.8M, Cume $523.6M
International Cume $281.9M, Global Cume $1.305B

3. Battleship (Universal) Week 2 [3,702 Theaters] PG13
Friday $3.0M (-65%), Saturday $4.1M, Sunday $3.8M, Monday
3-Day Weekend $10.9M, 4-Day Holiday $13.8M, Cume $47.3M
International Cume $232.4M, Global Cume $279.7M

4. The Dictator (Paramount) Week 2 [3,014 Theaters] R
Friday $2.7M (-51%), Saturday $3.3M, Sunday $3.1M, Monday
3-Day Weekend $9.2M, 4-Day Holiday $11.7M, Cume $43.6M
International Cume $50.3M, Global Cume $93.9M

5. Dark Shadows 3D (Warner Bros) Week 3 [3,404 Theaters] PG13
Friday $2.0M, Saturday $2.8M, Sunday $2.5M, Monday
3-Day Weekend $7.4M, 4-Day Holiday $9.4M, Cume $64.9M
International Cume $106.6M, Global Cume $171.5M

6. Chernobyl Diaries (Alcon/Warner Bros) NEW [2,433 Theaters] R
Friday $3.5M, Saturday $2.3M, Sunday $2.0M, Monday
3-Day Weekend $7.9M, 4-Day Holiday $9.3M

7. What To Expect When You’re Expecting (Lionsgate) Week 2 [3,021
Theaters] PG13
Friday $2.2M (-42%), Saturday $2.6M, Sunday $2.2M, Monday
3-Day Weekend $7.1M, 4-Day Holiday $8.8M, Cume $23.8M

8. Best Exotic Marigold Hotel (Fox Searchlight) Week 4 [1,233
Theaters] PG13
Friday $1.6M, Saturday $2.4M, Sunday $2.2M, Monday
3-Day Weekend $6.3M, 4-Day Holiday $8.2M, Cume $18.4M

9. The Hunger Games (Lionsgate) Week 10 [1,421 Theaters] PG13
Friday $593K, Saturday $875K, Sunday $800K, Monday
3-Day Weekend $2.2M, 4-Day Holiday $2.8M, Cume $395.8M
International Cume $249M, Global Cume $644.2M

10. Think Like A Man (Screen Gems/Sony) Week 6 [786 Theaters] PG13
Friday $395K, Saturday $540K, Sunday $480K, Monday
3-Day Weekend $1.4M, 4-Day Holiday $1.8M, Cume $88.7M

SUNDAY AM, 4TH UPDATE: A lot was riding on this weekend’s worldwide totals for Will Smith (back at cineplexes after a 4-year hiatus) and Sony (reviving a costly Columbia Pictures franchise that was dormant for a decade). But Memorial Weekend newcomer Men In Black 3 is now the 5th major studio release that has underperformed domestically at the start of Summer 2012. Plus, demonstrating more trouble for Hollywood, overall moviegoing of $190M is down a huge -31% from last year’s record. Overseas, MIB3 was off to a better start, and Sony is projecting it to take in an estimated $202M worldwide total during its first few days of release in 106 territories. Of that, IMAX sales contributed approximately $12M to the global cume, which is 20% higher than the previous record for a worldwide Memorial Day release because of aggressive IMAX building overseas. Sony said MIB3 was #1 in 104 countries. In this country, yes, MIB3 finally vanquished three-time #1  Marvel’s The Avengers which was starting its 4th week in domestic release. Even so there’s continuing good news for Disney’s 3D superhero assembly: it crossed $500M on Saturday, reaching the mark in just 23 days which is setting a new speed record (better than Avatarwhich took 32 days). In 3,918 theaters, it’s a solid #2 with about a $36.9M three-day weekend and a $48.5M Memorial Holiday. It is currently the #4 film of all time globally and domestically and is currently the #5 film of all time internationally, passing Transformers: Dark of the Moon ($771M) this weekend. Even if Avengers weren’t sucking the air out of North American box office, trust me when I say the movie moguls are worried what lies ahead for their films in June after a dismal domestic May… Read More »

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‘The Avengers’ Makes Marvel A “Good Deal” For Disney, Not A Great One: Analyst

Wall Street dislikes the movie business and hated Disney CEO Bob Iger’s 2009 agreement to pay $4.2B for Marvel, especially after he paid $7.5B for Pixar. So, does the huge success for The Avengers give him the right to boast that he was right all along? Almost, but not quite, Bernstein Research’s Todd Juenger seems to conclude in a provocative report this morning. “We agree it was a good deal, but disagree that The Avengers makes that conclusion self-evident,” the analyst says. Pre-Avengers, Disney had to release two Marvel films a year with each grossing an average of $517M worldwide just to make the acquisition break even, Juenger figures. That was an ambitious goal considering that Marvel releases have averaged $417M over the last five years. But The Avengers changes the math: Now each Marvel release has to gross $437M. That’s within range, Juenger says, because the growing demand for films overseas means that “future Marvel films will do better than they have historically.” He estimates that The Avengers will generate a $1.29B profit for Disney with revenues of $3.7B ($2B gross box office, $50M from TV, $1.2B in home video, and $500M from toys and merchandise) and $2.4B in Read More »

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