Posted in: Comics, Comics Publishers, Ike Perlmutter, Marvel Comics, Marvel Studios, Movies | Tagged: iron man, mcu, Wall Street journal
Marvel’s John Turitzin was making an attempt to resolve which character to base the primary film upon, and did a spotlight group with youngsters. We acquired Iron Man.
John Turitzin was Marvel’s former Chief Administrative Officer, Executive Vice President, and General Counsel, and he remembers simply how Marvel Studios determined that Iron Man can be the very first movie that they financed and made themselves.
Back in July, The Wall Street Journal’s podcast, The Journal, hosted by Kate Linebaugh and Ryan Knutson, ran a sequence of episodes by Ben Fritz trying on the rise of Marvel Studios from comedian e book writer to movie studio to Disney buy and the chief and creator battles inside. It made a couple of headlines, however there are many gems that appeared to be missed, corresponding to Marvel’s preliminary relationship with Sony Pictures, led by our favorite Marvel executives, Avi Arad, and Ike Perlmutter, two toy producers who took over the comedian e book firm and made it worthwhile once more. Catch up on extra of our protection with this tag.
John Turitzin tells them, “We were trying to decide which character to base the first movie upon. We did a focus group with kids, and we described the characters to them, we showed them images of the characters, and we asked them what their thoughts were about the characters, and we took their opinions throughout the day.”
At the time, after the Marvel chapter, ToyBiz staff and house owners corresponding to Arad and Perlmutter had been elevated to the decision-making positions on the board. John Turitzin displays that within the massive choices being made. “Our focus was on selling toys. We never viewed the movie studio itself as a way that we were realistically going to generate profits. We thought we would use the movies as a vehicle to enhance the attraction and popularity of characters. At the end of the day, after we described Iron Man to the focus group kids and said you could shoot things out of his hand and he could fly, and he had these powers, they loved Iron Man… To the kids in the focus group, they thought Iron Man was great. Iron Man was like a robot. It had all the attributes and attraction of a robot character.”
Of course, the movie did fairly nicely for Marvel in its personal proper. “After Iron Man was released, we were stunned. At least we, in New York, were stunned by the success of the movie at the box office, and we said, “Wow, these motion pictures are literally going to be common; common are on their very own and may earn a living on their very own.” And how did toy sales do? Did they get a big bump? “We did not. It’s fascinating, we did not. Because licensees have been skeptical about Iron Man as a personality, and it ended up after the film got here out and it was common, those self same licensees began chasing Iron Man as a result of they did not have sufficient product on the cabinets.”
Ironically, despite the fact that Marvel was making the films themselves now, they have been licensing out the toy rights to different firms…
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