Sony acquires rights in Japan, Spain

Marvel Entertainment has reached distribution deals for its upcoming “Iron Man” and “The Incredible Hulk” in the international territories it controls.

Marvel said Tuesday that Sony Pictures has acquired the distribution rights in Japan and Spain, while SND/M6 has signed for France and Tele Munchen has agreed to handle Germany. Paramount has picked up Australia and New Zealand for the two films along with the next Marvel film.

Marvel previously announced that Paramount would distribute “Iron Man” while Universal will handle “The Incredible Hulk” in North America and all other international territories. “Iron Man” is set to open on May 2, 2008, and “Hulk” will launch a month later.

Marvel also announced Tuesday it’s started borrowing from its previously announced $525 million credit facility to finance “Iron Man.” The project had been set up at New Line, but Marvel reacquired the film rights in late 2005.

Robert Downey Jr. toplines as an inventor who dons a high-tech suit and becomes a superhero. Terrence Howard, Gwyneth Paltrow and Jeff Bridges co-star with Jon Favreau helming. Lensing starts in Los Angeles on March 12.

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