In its earnings release, CEO Robert Iger expressed confidence for the current quarter, partially because Marvel Entertainment's The Avengers "shattered domestic box-office records with a $207.1 million opening weekend for a global performance of more than $702 million to date."
On a conference call with analysts, Iger called Avengers "a great illustration of why we like Marvel so much." Then -- as if there were any doubts -- the CEO announced that a sequel to the blockbuster film is in the works with a release date "to be determined."
Multiple analysts asked about the licensed-product opportunities surrounding Avengers. Iger said there is stronger demand for Hulk toys since the release of the film last week, and added that there are "multiple opportunities to mine these great characters."
Iger said there are plans, for example, to add Avenger-based attractions to theme parks where existing deals with competitors make that possible.
Iger shot down the possibility of purchasing the film rights to other Marvel characters -- Fox's rights to X-Men, for example -- on the basis that there are so many in the Marvel stable to begin with that isn't the need for more.