Here’s how ‘Marvel’ nearly lost film rights to ‘the Avengers’ crew

Given the massive success that Superman and Batman enjoyed when they released in the ’70s and’ 80s, you would have thought superhero movies would have spread by then. However, it wasn’t until decades later that the trend really started to take hold after the release of films like Blade, X Men, and Spider Man among others.

Continuing to rule the roost to this day, there are plenty of superhero movies coming out every year except 2020, but that doesn’t count due to the pandemic. Along with this fact, it is quite clear that there are many more comic book movies in the works and there is every reason to believe that many of them will do huge business.

While there have been many DC, X-Men, and Spider-Man movies that have been very popular with fans, there is no doubt that the Marvel Cinematic Universe reign supreme. With that in mind, it’s just amazing that at one point Marvel could easily have lost the film rights to most of the characters that appeared in the movie. MCU.

Related: Do “MCU” fans still hate Brie Larson?

Desperate for money

In 1996, it’s very safe to say that things weren’t going well for Marvel Comics, to say the least. After all, the company’s financial situation had become so precarious at the time that it was forced to file for bankruptcy. However, the people in charge of Marvel at the time weren’t completely out of options, as the company had certain assets that could be sold for a quick injection of cash.

After someone at Marvel realized that the company could make a quick buck selling the rights to the film to their characters, they began to aggressively seek buyers. Eventually able to find several studios very interested in bringing their characters to the big screen, Marvel wasted no time in putting pen to paper.

Sony chose to reclaim the film rights to Spider-Man, and Fox paid the money to be able to bring Daredevil, the Fantastic Four, and the X-Men to the big screen. Two decades after the first X Men movie premiering in theaters, Marvel has reclaimed the film rights to the mutant and there are many theories on how they will join the MCU.

Related: Without the original X-Men movie, there would have been NO MCUs (here are the reasons why)

One universe to rule them all

At the time of this writing, 23 films participating in the Marvel Cinematic Universe have been released and several more are expected to be released in the not too distant future. In addition to this, there were also 11 TV shows that took place in the MCU were broadcast and a twelfth series titled Helstrom will be released in October 2020.

More importantly than the fact that the MCU is a massive entertainment entity, people are showing up in droves to watch almost anything that takes part in it. In fact, the MCU is such a success that many the actors who appeared in Avengers: Endgame were paid a fortune for their efforts. On top of that, over the past few years every other studio has tried to follow in Marvel’s footsteps by creating their own cinematic universe.

Related: Here’s how ‘MCU’ star Idris Elba amassed his $ 30 million net worth

The big bet

Years before it became clear that the Marvel Cinematic Universe would become immensely popular, the powers that be in the comic book powerhouse were making plans for their first film. No longer interested in just sitting around and letting the studios be the only ones making movies about their characters, Marvel wanted to take the bull by the horns themselves.

Of course, making a great movie costs a tremendous amount of money and while Marvel was no longer in dire financial straits, they weren’t rolling in the dough either. Because of this, they contacted Merrill Lynch and got a loan of $ 525 million. As a business first and foremost, Merrill Lynch wasn’t going to lend that much money without a serious guarantee in case Marvel’s movie dreams go up in smoke.

In search of something to secure their massive Merrill Lynch loan, Marvel once again turned to what saved them from their financial woes in the ’90s, film rights. Unfortunately for Marvel, Merrill Lynch forced them to guarantee their loan with movies to the right of many of the most popular characters the company was gone. If Marvel had defaulted, they would have lost the film’s rights to Captain America, The Avengers, Nick Fury, Black Panther, Ant-Man, Cloak & Dagger, Dr. Strange, Hawkeye, Power Pack, and Shang-Chi.

Surprisingly, the risk Marvel took around this time didn’t make them be too careful when shooting their first movie. After all, Jeff Bridges later revealed they were flying by the seat of their pants when they did Iron Man. “They didn’t have a script, man. They had a preview. We showed up everyday for big stages and we wouldn’t know what we were going to say. We had to go in our trailer and work on that stage and call. writers on the phone, “Do you have any ideas?” Meanwhile, the team stamps their feet on the stage as they wait for us to arrive. ”

Next: The evolution of Iron Man through the Infinity saga

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