Thursday, March 12, 2009

Marvel delays The Avengers, Thor releases

Media company Marvel Entertainment Inc said it rescheduled the release dates of some of its self-produced feature film properties through 2012.

As per the revised schedule, the release date of the multi-character superhero film 'The Avengers' has been extended by about a year to May 4, 2012, from July 15, 2011.

'Thor', the big-screen adaptation of one of Marvel's popular comic book characters, will now release on June 17, 2011, instead of July 16, 2010, the company said.

"It maximizes the visibility of our single character-focused films, leading to the highly anticipated release of the multi-character The Avengers film in 2012," David Maisel, chairman of Marvel Studios, said in a statement.

The company now plans to release 'The First Avenger: Captain America' on July 22, 2011, instead of May 6, 2011.

However, 'Iron Man 2' will be released as scheduled on May 7, 2010, Marvel said.

Marvel also confirmed that Sony Pictures will release 'Spider-Man 4' on May 6, 2011. Marvel has licensed theatrical rights of Spider-Man, its most popular character, to the unit of Sony.

Shares of Marvel closed at $24.55 Wednesday on the New York Stock Exchange.

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