MUMBAI: The Walt Disney Studios has entered into an exclusive multi-year first look deal with Spider-Man creator and producer Stan Lee and his production company POW! Entertainment.

As per the agreement, Lee and his production company will develop and produce all forms of entertainment.

Walt Disney Studios Home Entertainment president Bob Chapek, who was instrumental in bringing this deal to Disney and will work closely with Lee on many of his projects, says, “Stan is not only loved by fans of the genre, but is one of the most respected and admired figures in the entertainment industry. In fact, it’s hard to think of another individual who has created as many memorable and appealing characters. We’re thrilled that Stan has decided to make Disney his new home, and feel very fortunate to be collaborating with him on a wide range of new projects for all divisions of our company. His track record is impressive by any measure, and Home Entertainment is sure to benefit from his creations.”

POW! Entertainment COO Gill Champion adds, “There can be no better opportunity to perpetuate the Stan Lee/Pow! brand for all media than to be associated with the Disney Studio. No one better understands the incalculable value and importance of developing, producing, distributing and marketing new global franchises. We are incredibly impressed with the professionalism and valuable input from the executive and creative talent whom we now so eagerly join.”