Marvel Films was initially founded on the 7th of December 1993 by Avi Arad as part of Marvel Entertainment Group. Marvel Studios was formally created on the 7th of August 1996, when the current studio entity was established.
How did Disney acquire Marvel Studios?
Walt Disney Company announced on the 31st of August 2009 that it had reached a deal to acquire Marvel Entertainment, Marvel Studios's parent company, for $4 billion. The deal closed on the 31st of December 2009, making Marvel Entertainment a subsidiary of Disney. In 2015, Marvel Studios was further transferred into Walt Disney Studios.
Who is Kevin Feige and what is his role at Marvel Studios?
Kevin Feige is the president of Marvel Studios and has led the studio since 2007, serving as president since 2008. He began at the studio as a junior executive generating script notes for licensed studios. In October 2019 he was also given the title of chief creative officer for Marvel, overseeing the creative direction of Marvel Television and Marvel Animation.
How many Marvel Studios films are among the highest-grossing films of all time?
Eleven Marvel Studios films rank among the fifty highest-grossing films of all time. These include Avengers: Endgame, which was the highest-grossing film of all time from July 2019 until March 2021 and grossed nearly $2.8 billion worldwide.
How did Marvel Studios finance its own films after the licensing era?
Marvel Studios entered into a non-recourse debt structure with Merrill Lynch in 2005, collateralized by the film rights to ten characters. Marvel received $525 million to produce a maximum of ten films over eight years. Ambac insured the arrangement, agreeing to cover interest payments if the films failed in exchange for the character rights as collateral.
What was the first Marvel Studios VFX workers union contract?
In August 2023-52 on-set VFX workers at Marvel Studios filed a petition with the National Labor Relations Board to join the International Alliance of Theatrical Stage Employees, the first time workers in the visual effects industry had petitioned for union recognition. All workers voted unanimously in favor, and a four-year union contract was ratified in May 2025.