BREAKING MOVIE/TV NEWS

Tuesday, August 04, 2009

Marvel Entertainment Posts A Profit...

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Marvel Entertainment Inc. has posted a quarterly profit, benefitting from growth at its film production segment, reflecting initial revenue for the "Iron Man" domestic pay TV window and "Iron Man" DVD sales.

For the year, Marvel forecast earnings of $1.25 a share to $1.35 a share, on revenue of $465 million to $485 million. It had earlier forecast earnings of $1.10 to $1.35 a share, on revenue of $450 million to $485 million.

Shares of Marvel, which has a portfolio of over 5000 comic book characters, closed at $40.41 Monday on the New York Stock Exchange...


Sneak Peek the "Iron Man" trailer...