Walt Disney's (NYSE:DIS) Marvel Studios has a new director and writer for Ant-Man and a new Kingpin for its Netflix (NASDAQ:NFLX) original series, Daredevil. Is the studio back on track? Fool analysts Nathan Alderman and Tim Beyers address this question in this episode of 1-Up On Wall Street, The Motley Fool's web show in which we talk about the big-money names behind your favorite movies, toys, video games, comics, and more.
For weeks, Marvel has been tossing about for a new director for Ant-Man and finally found one in Peyton Reed, the director of Down With Love and the original Bring It On. He's also a big comic book fan having spent years trying to develop a Fantastic Four movie set in the 1960s. He'll team with writer Adam McKay, who's coming in to help polish the new script.
Tim says Reed and McKay should make for a good team on Ant-Man, while actor Vincent D'Onofrio is an outstanding choice to play the crime lord Kingpin. In the case of Reed specifically, he's made several financially successful films on low-to-middling budgets, an important qualifier to sit in the director's chair for a Marvel movie. Bring It On, Yes Man, and The Break-Up all grossed at least three times their production budgets on a worldwide basis.
Yet investors shouldn't be too quick to celebrate; Marvel got lucky with these hires. Several industry reports say the company tried to get at least three other directors before settling on Reed, with McKay included on that list. Odds are, Marvel had to put up more money than it otherwise might have in order to keep Ant-Man on schedule -- and that puts pressure not only on the studio but also the creators.
Nathan says the worry is that Marvel's track record could lead to more of the sorts of last-minute meddling that pushed Edgar Wright to step away from Ant-Man after eight years. If so, it could irreparably harm the studio's reputation with creators just as Marvel enters its Phase 3 series of movies and TV shows.
Now it's your turn to weigh in. Click the video to watch Nathan and Tim discuss the news, and then leave a comment below tell us what you think of Marvel's choice to put Reed and McKay in charge of Ant-Man. You can also follow us on Twitter for more segments and regular geek news updates!