Following the final acquisition of Marvel last week, Disney announced a new agreement with Stan Lee’s Pow! Entertainment that gives the House of Mouse enhanced rights to the creative output of the studio as well as exclusive consulting services. The new deal finds Disney taking a 10% equity stake in Pow! Entertainment.
Bob Chapek, President of Worldwide Distribution for the Disney Studios, commented on the new agreement: “Stan has incredible creative energy and continues to come up with great original stories that can work across many of our platforms, ranging from console games to motion pictures and from our boys-focused Disney XD network to mobile devices. Put that together with his knowledge and familiarity of the Marvel universe and it makes perfect sense to extend our excellent working relationship with Stan and POW!â€
