Marvel reports record year

Firm reports results for the fourth quarter and full year for 2008 with better-than-expected licensing sales.
Publish date:

Marvel Entertainment has today reported record net sales, net income and earnings per share for its full-year 2008, with its film slate driving the performance.

For the period, Marvel reported net sales of $676.2 million and net income of $205.5 million - this is compared to net sales of $485.8 million and net income of $139.8 million in 2007.

The growth mainly reflects the contribution made by Marvel Studios, which released its first two films - Iron Man and The Incredible Hulk - last summer.

Net sales in Q4, meanwhile, stood at $224.3 million, while net income was $63.0 million, up from $109.3 million and $27.6 million for Q4 2007.

However, in the licensing segment - although net sales were better than expected due to stronger anticipated revenue from international licensing and Marvel's Spider-man film merchandising joint venture - total revenue slipped slightly.

Licensing segment operating income declined to $36.9 million in Q4 2008 from $47.5 million in Q4 2007, while for the full-year the total licensing segment stood at $292.8 million, down from $343.6 million in 2007.

To read the full article on our sister site,, click here.


Featured Jobs

Copyrights Group

Marketing Manager

The Copyrights Group is one of the licensing arms within The Vivendi Group. Acquired by Vivendi in 2016 Copyrights manages the licensing for a portfolio of properties to include Paddington Bear. Some of the other companies within the Vivendi Group include Universal Music Group, and their licensing arm Bravado, Gameloft and Studiocanal to name a few.