pop & funWikipedia2005

Marvel built a shared film universe by owning the Avengers rights and running its own studio

the gist

By 2005 Marvel Entertainment wanted to make its own films rather than licensing characters to other studios, which had given it little profit. Marvel Studios was formed under Avi Arad, and Kevin Feige, a self-described fan, proposed introducing Avengers characters in individual films before a crossover. The studio raised capital through a $525 million credit facility and created a creative committee to protect comic book lore. Disney bought Marvel Entertainment for $4 billion in 2009, and the studio went on to plan a multi-phase shared universe.

so what

The Marvel Cinematic Universe reshaped how Hollywood sells franchises, turning sequels and connected films into a standard model. Its history explains how one comics publisher built a studio that dominated blockbuster cinema for more than a decade.

fun fact

Marvel Studios became Hollywood's first major independent film studio since DreamWorks Pictures, founded in 1994.

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Illustrative photo · Disney, Public domain, via Wikimedia Commons