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Disney Buys Rights To 4 Marvel Films From Paramount

Walt Disney Co. (DIS) has acquired all of the distribution rights previously held by Viacom Inc.'s (VIA, VIAB) Paramount Pictures for Marvel Studios' Iron Man, Iron Man 2, Thor, and Captain America: The First Avenger, the Burbank, California-based company said Tuesday.

Under terms of the deal effective June 30, Paramount was paid for the transfer of the distribution rights. Paramount will continue to honor and service existing distribution commitments. All other distribution activities will be transitioned to Disney over the next several months.

Disney acquired Marvel Entertainment in 2009, purchasing the worldwide marketing and distribution rights for Marvel's The Avengers and Marvel's Iron Man 3 from Paramount the following year.

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