Spider-Man Drives Marvel's First Quarter Profit
Peja Stojakovic  |  by www.comicbookmovie.com. All rights reserved. 16.07 | 23:24

The AP just posted Marvel's first quarter numbers. Looks like Spidey is already giving them a boost. See the following article from Yahoo Finance: Comic book publisher Marvel Entertainment Inc.

, which owns the licensing rights to characters such as Spider-Man and The Incredible Hulk, said Tuesday its first-quarter profit more than doubled, as the company booked its first returns related to the Spider-Man 3 feature film released last weekend. Quarterly earnings increased to $46.8 million, or 56 cents per share, from $17.

5 million, or 19 cents per share during the same period last year. Revenue grew 68 percent to $151.4 million from $90.

1 million. The company said results in the period reflected much of the minimum licensing guarantees generated from a merchandising joint venture with Sony Corp. for the U.

S. release of the Spider-Man 3 feature film on Friday, which drew an opening weekend box office of $151 million. Marvel Entertainment publishing revenue grew 15 percent to $27.

5 million from $23.9 million, while toys sales lost 6 percent to $25 million from $26.6 million.

- Not only will Peter Parker romance Gwen Stacy in Spider-Man 3, but he'll face a gritty foe in the Sandman, and have to contend with Harry Osbourne as a new Goblin--not to mention Venom! - X4, Wolverine, Magneto? Which is next in the X-movie franchise?

Keep up with Professor Xavier's X-Men and everything X at this X-cellent fansite! - A super fansite for the man of steel movies and all Superman sequels. No Kryptonite allowed!

- Gotham's Dark Knight is back, and Christian Bale has his dark demeanor right! Pray they don't introduce Robin or Batgirl! - The sequel has the Fantastic 4 battling Galactus and his cosmic herald Silver Surfer!

- Spike put a stake in the Blade TV series, but you can keep track of the Daywalker in comics and movies here! - Thomas Jane will appear as Frank Castle once again in a Punisher 2 sequel currently underway. Keep track of the violent vigilante's production schedule here.

- In June 2008 Hulk 2 "the do-over" movie will hit theaters. No greek tragedies or artsy directors this time, just lots of "Hulk SMASH". And and oh yeah, maybe there could be a super-villain this time?

- Can a second Daredevil or Elektra movie be in the works now that Ben Affleck Jennifer Garner are hitched? - Be on the lookout for these fansites joining our network of supersites! Ghost-Rider-Movie.

com - Nicolas Cage stars as the hellatious hero Ghost Rider when he is possessed by vengence demon Zarathos. Iron-Man-Movie.com - The golden avenger has a swinging director in Jon Favreau, and he's already picked the perfect Tony Stark in Robert Downey Jr.

O' Tin-head's fansite will be up shortly!

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Keywords: Spider Man, First Quarter, Quarter Profit, Marvel Entertainment, First Quarter Profit, Ghost Rider
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