Well here’s a shocking fact you never would have suspected: Marvel’s 1Q profits were way up due to Spider-man!:
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.
Newsarama has more.