Marvel Earnings Call Confirms Disappointing Spider-Man Toy Sales

Marvel Earnings Call Confirms Disappointing Spider-Man Toy Sales

Jay Cochran - August 09, 2007
Source: Herb Greenberg

"According to Marvel CFO Ken West, "While Hasbro has not been disappointed with licensed Marvel toy sales to date, we have reduced our forecast for the second half of 2007 to the low end of their forecasts to reflect a possibility of lower reorders..." Hasbro, you may recall, paid Marvel a minimum guarantee of $215 million over five years, with $100 million paid up front."

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