Biz marvels at superhero exit deal

Zeitchik, Steven; Fritz, Ben; McClintock, Pamela; Goldsmith, Jill
June 2006
Daily Variety;6/1/2006, Vol. 291 Issue 43, p1
Trade Publication
The article reports that Marvel Studios head Avi Arad has resigned to pursue a career in film production. He will receive an approximate amount of 60 million dollars from his 3.15 million shares in Marvel Entertainment Group Inc. However, Arad still owns some 1.2 million shares in the company. He will be succeeded by Marvel chief operating officer Michael Helfant who will oversee the overall business operations of the company, along with Kevin Feige, the company's production president.


Related Articles

  • Helfant, Marvel agree to turn page. Zeitchik, Steve // Daily Variety;3/13/2007, Vol. 294 Issue 52, p3 

    The article reports on the resignation of Michael Helfant as president and chief operating officer of U.S.-based film production company Marvel Studios. David Maisel will take over the responsibilities of Helfant. Production president Kevin Feige will continue with his role and will more...

  • Helfant suits up as Marvel preps slate. Fritz, Ben; McClintock, Pamela // Daily Variety;11/2/2005, Vol. 289 Issue 23, p3 

    Reports on career development of Marvel studio company chief operating officer Michael Helfant in the U.S. Track previous employment; Job responsibilities; Views of Helfant's colleagues on him.

  • Marvel rocks its own stock. Zeitchik, Steven // Daily Variety;6/6/2006, Vol. 291 Issue 46, p1 

    The article reports that Marvel has authorized up to $100 million in new stock buybacks, five days after Avi Arad cashed out for $60 million as he resigns as Marvel studio chief. The authorization is part of Marvel's move to counter Arad's selloff. The article also reports on Marvel...

  • Marvel redraws executive ranks. Bond, Paul // Hollywood Reporter -- International Edition;3/13/2007, Vol. 398 Issue 35, p3 

    The article states that Marvel Studios has hired several new executives and promoted others, while Michael Helfant, the studio's president and COO, has been forced out. The company plans to announce on March 13, 2007, that it has named David Maisel as its chairman. Maisel was responsible for...

  • Marvel forms studio unit.  // Electronic Media;7/08/96, Vol. 15 Issue 28, p21 

    Reports that Marvel Entertainment Group has formed Marvel Studios, with backing from Toy Biz, for the development of live-action and animated films and television programs based on the Marvel Comics characters.

  • COMICBOOK ACTION. Zeitchik, Steven // Variety;6/5/2006, Vol. 403 Issue 3, p5 

    The article deals with the decision of former Marvel studios executive Avi Arad to sell three-quarters of his stake in the company. Arad sold $60 million worth of shares even as he announced a production deal with Marvel via his new shingle, Avi Arad Productions. Despite the windfall that...

  • SOLDIER SHOWDOWN. LOVECE, FRANK // Film Journal International;Apr2014, Vol. 117 Issue 4, p8 

    The article discusses the superhero film "Captain America: The Winter Soldier," directed by brothers Joe and Anthony Russo and starring Chris Evans. Comments by the directors are presented in which they discuss various topics including how they were chosen by Kevin Feige, president of Marvel...

  • 'Iron' hot for Downey. Fritz, Ben; Fleming, Michael // Daily Variety;9/29/2006, Vol. 292 Issue 62, p1 

    The article reports that actor Robert Downey, Jr. has been cast for the lead role of the film "Iron Man," produced by Marvel Studios. The film, which is directed by Jon Favreau, is set for release by Paramount in May 2008. Kevin Feige, production president, said that Marvel Studios took the same...

  • BLADE: MARVEL COMICS. Garcia, Frank; Evans, David // Cinefantastique;Feb98, Vol. 29 Issue 10, p21 

    The article profiles Avi Arad, president and chief executive of Marvel Films, and Stan Lee, co-executive producer at Marvel Studios. Arad and Lee have collaborated on the successful crossover of popular Marvel Comics characters to animation, television and film in the U.S. Their growth targets...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics