SUMMARY
  • Marvel was bankrupt and struggling to sustain itself before Disney purchased it in 2009.
  • Disney bought Star Wars' Lucasfilm in 2012, adding two of the biggest pop culture franchises under its umbrella.
  • Marvel and Lucasfilm have offered returns of 3.3 times and 2.9 times their purchase amounts.

It is hard to find any other franchise as successful and sustainable as Marvel and Star Wars. Both have managed to engage audiences for decades now with their movies, TV shows, and merchandise and have become a part of pop culture.

Bob Iger
Bob Iger | Image by Nagi Usano, licensed under CC BY-SA 2.0, via Wikimedia Commons.

The current Marvel Cinematic Universe and Star Wars universe were not like this during their inception. It took years and lots of commitment to expand their stories, and one corporation behind both giants is The Walt Disney Company.

How Disney Bought Marvel

Avengers: Endgame final battle
Avengers: Endgame final battle | Credit: Marvel.com

Marvel was not always the box office ruler, as the world knows it today. The studio was going through a tough time and went through lots of ups and downs before Disney came into the picture.

Before Disney, Marvel Entertainment was an independent company. It even filed for bankruptcy in the late ’90s, selling its rights and holdings to various other companies and groups to sustain the company.

Disney came into the scene in 2009. According to The New York Times, it bought Marvel Entertainment for $4 billion at the time. It was reported that Marvel was struggling to finance some of its major upcoming movies and was looking to sell its overseas distribution rights.

However, Marvel was anyways planning its cinematic universe before Disney bought it as Iron Man 1 came in 2008. Later, Disney even acquired 20th Century Fox for $71 billion in 2019 (via The Walt Disney Company), making it easier to be a part of the MCU.

According to The Guardian, Disney CEO Bob Iger felt that there were many unexplored opportunities in Marvel’s popular and less popular characters. He even wrote in his book The Ride of a Lifetime that previous Disney CEO Michael Eisner always wanted to acquire Marvel but was worried whether it would match the family-friendly requirements of Disney.

Disney’s Lucasfilm Acquisition and Profit From Both Companies

Star Wars: Episode IX - The Rise of Skywalker
Star Wars: Episode IX – The Rise of Skywalker | Credit: Lucasfilm/Walt Disney Studios Motion Pictures

According to The Walt Disney Company, Disney bought Lucasfilm in 2012 for $4.05 billion and brought the Star Wars franchise under its umbrella. It was quite natural and understandable why Dinsey wanted to acquire Lucasfilm.

Both companies created their entire content around family-friendly entertainment. According to the University of Nottingham, George Lucas and Steven Spielberg became great filmmakers of their generation by addressing Disney’s core audience with a new generation of family-friendly content.

How much has Disney made from these franchises? According to The Hollywood Reporter, Marvel has generated about $13.2 billion in value, while Lucasfilm has brought in nearly $12 billion. That is a return on investment of 3.3 times for Marvel and 2.9 times for Lucasfilm.

According to Marca, Marvel Studios’ net worth is about $54 billion in 2024. The company that was once bankrupt is now a cash cow for Disney. However, there have been criticisms for producing too much superhero content that sometimes causes superhero fatigue among the audience.

Moreover, it is also a concern among fans that Marvel tries to tone down the brutality and gritty side of their characters in order to fit the requirements of Disney. Similarly, Lucasfilm is also facing an issue.

Lately, the Star Wars films and shows are not earning good critics and audience reception and are also failing at the box office. Some fans believe it is due to the overexpansion and lack of continuity and connection between multiple storylines in the Star Wars universe.

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