In a normal economy, reporting that your company profits remaind flat during the first quarter would generally cause stock prices to slip.  However, in this economy, a flat quarter is actually good news – especially if you are Marvel.  Even though there was a slight slip of 2% in profits, revenue climbed 75% to $197 million.

Marvel’s film production segment contributed $90.4 million, with two-thirds of that coming from DVD sales of “The Incredible Hulk” and the rest from “Iron Man” DVDs.

The remainder of Marvel’s revenue came from licensing ($80.8 million) and publishing ($25.8 million).

During the conference call, reporters asked about Thor casting, to which Marvel chairman of Marvel Studios, David Maisel said those reports are merely rumors, with a full announcement coming out in the next month or so.

via THR


About Author

Stephen Schleicher began his career writing for the Digital Media Online community of sites, including Digital Producer and Creative Mac covering all aspects of the digital content creation industry. He then moved on to consumer technology, and began the Coolness Roundup podcast. A writing fool, Stephen has freelanced for Sci-Fi Channel's Technology Blog, and Gizmodo. Still longing for the good ol' days, Stephen launched Major Spoilers in July 2006, because he is a glutton for punishment. You can follow him on Twitter @MajorSpoilers and tell him your darkest secrets...

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