Here's some Marvel movie news from Variety and SHH!:Marvel Studios has renegotiated its distribution pact with Paramount, under which it will now pay out 8% of its film grosses to the studio for its next five films, rather than the 10% it previously ponied up for Iron Man.
The 8% is also what DreamWorks Animation pays Par to release its toon titles and what Lucasfilm forks over for the "Indiana Jones" franchise.
"Coming off of 'Iron Man's' incredible success this summer, we could not be more excited about extending our relationship with Marvel," said Rob Moore, Vice Chairman of Paramount Pictures. "Marvel's iconic brand, its popular characters and its proven ability to create compelling and visually spellbinding films complement Paramount's great history of filmmaking. We look forward to a long and successful run together."
"Paramount is an excellent partner and an outstanding global distributor," said David Maisel, Chairman of Marvel Studios. "Through our experience on 'Iron Man,' Paramount has demonstrated a passion and ability to release Marvel properties theatrically, allowing us to focus on making great movies for the largest audience possible."
The distribution agreement will include Iron Man 2 (May 7, 2010), Thor (July 16, 2010), The First Avenger: Captain America (May 6, 2011), and The Avengers (July 15, 2011). It will also include Iron Man 3.
Source: Variety and SHH!
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