Ben Gilbert: belief

Transcript context

…There’s much more value to be realized from the company in the future but even since the acquisition in 2009, the Marvel movies have generated almost $9 billion in box office revenue which is crazy. Now that doesn’t necessarily equal– It certainly doesn’t equal profits, and profits for movies are harder to get to than pure revenue. We can get that data– I think Marvel estimated profit margins, at least in the first 8 films released – I actually pulled the stat – under Disney were about a 23% profit margin. Okay. So you call roughly sort of 2 billion-ish or slightly more than 2 billion in profit so far from the movies, so that’s half the purchase price right there and that’s just the box office. Not the home video, not the merchandising, not the theme parks – all that stuff.…

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