×
You will be redirected back to your article in seconds

Disney to Spend $200 Million on Marvel Series for Netflix Set to Film in New York

The Walt Disney Co. will spend $200 million over three years filming four series based on Marvel’s street heroes characters in New York City for Netflix — the biggest TV or film production commitment in the history of New York State, officials said.

Disney chief Bob Iger and New York Gov. Andrew Cuomo, at a joint press conference today, announced that Marvel’s landmark live-action television series will film principally in the Big Apple. The production is skedded to yield 60 one-hour episodes, resulting in 400 full-time jobs and 3,000 part-time production jobs.

Filming the Marvel Defenders project in NYC was important to Disney to ensure it was “authentic,” Iger said: “To us, it’s very, very important for us to be in New York.” The state also was “aggressive” in wooing the Mouse House’s business, he said, as New York State was among several localities in the running.

New York State is granting Disney tax credits worth approximately $4 million for the new Marvel series, a source confirmed. Since Cuomo took office in 2011, the administration has undertaken a concerted effort to win business from Hollywood productions.

The Marvel Defenders production will begin filming in NYC in July 2014 starting with the series based on Daredevil, followed by Jessica Jones, Iron Fist and Luke Cage. Each of those characters — less well known than those in Marvel’s Avengers franchise — is set in Hell’s Kitchen neighborhood.

The series is being produced by Marvel Television, in association with ABC Television Studios, exclusively for Netflix. The deal encompasses 13 hourlong episodes per series for each character, plus a miniseries of four to eight episodes with all four of the Defenders heroes. The Defenders series are expected to debut on Netflix sometime in 2015.

SEE ALSO: Marvel’s Netflix Quartet: Who Are These Guys?

Disney’s Netflix deal for the Marvel series, announced last fall, followed a larger output deal the companies struck in late 2012, which includes exclusive pay-TV window rights for films starting in 2016. Under that pact Netflix will be the exclusive U.S. subscription TV service for first-run movies from Walt Disney Studios, including titles from Disney, Walt Disney Animation Studios, Pixar Animation Studios, Marvel Studios, Disneynature and Lucasfilm.

In a statement, Netflix chief content officer Ted Sarandos said, “The Defenders are classic New York characters; smart, resourceful and tough enough to always stand up for what’s right. We’re delighted they’re coming to life on their home turf thanks to Governor Cuomo and his team.”

According to Cuomo, over the past three years, New York State’s film development efforts have produced $6 billion in economic activity and 400,000 jobs. “It’s an entirely new business line for the state, if you will,” he said. The Empire State offers up to $400 million in tax credits per year to TV and movie productions.

The financial crisis that began in 2007 made New York State realize it couldn’t rely solely on Wall Street, Cuomo said. “It was a wakeup call,” the governor said. The film biz, he added, originally started a century ago in New York, not California. “They stole the industry from us,” Cuomo said half-jokingly. “This is just its rightful return.”

Iger — a native of Oceanside, N.Y., on Long Island, who started out in the biz at ABC’s Upper West Side studios in 1974 — noted that the Mouse House has contributed some $500 billion to New York’s economy since 2008 and has supported 9,000 jobs. “I’m a proud New Yorker,” said Iger.

Disney held the event at ABC’s “Good Morning America” studios in Times Square. Iger ceremonially presented Cuomo with a framed poster of the Marvel Defenders characters.

More Biz

  • Former movie producer Harvey Weinstein (L)

    Some Weinstein Accusers Balk at $30 Million Settlement

    Updated: Some of Harvey Weinstein’s accusers are balking at a proposed $30 million settlement of their harassment claims, which could scuttle the deal, Variety has learned. Attorneys in the Weinstein Co. bankruptcy case told Judge Mary Walrath on Thursday that they are close to a global resolution of the civil litigation. The accusers, their lawyers [...]

  • Director Dean DeBlois and online game

    'Dragon' Director Dean DeBlois and PUBG's CH Kim to Keynote 2019 VIEW Conference

    Dean DeBlois, director and executive producer of DreamWorks Animation’s “How to Train Your Dragon: The Hidden World,” and PUBG Corporation CEO CH Kim are the first keynote speakers announced for the 2019 VIEW Conference in Turin, Italy, in October. Since it began 12 years ago, VIEW, which stands for Virtual Interactive Emerging World, has continually [...]

  • Harvey Weinstein

    Harvey Weinstein Accusers Near Settlement in Bankruptcy Case

    Attorneys in the Weinstein Co. bankruptcy case say they are getting close to reaching a settlement that would compensate Harvey Weinstein’s sexual misconduct accusers. The company went bankrupt last year, as it faced hundreds of millions of dollars in debt and numerous civil suits on behalf of Weinstein’s alleged victims. The company sold to Lantern [...]

  • Ari Emanuel Endeavor

    Endeavor IPO Filing Offers Details of Company's Financials, Leadership Pay Packages

    Endeavor’s IPO filing Thursday offers a hard look at the company’s financial performance during the past three years during a period of rapid growth for the company that’s home to UFC, WME, Professional Bull Riders and a clutch of other assets. Endeavor is generating solid free cash flow from operations and healthy adjusted earnings for [...]

  • Pamela Anderson

    Pamela Anderson Fears Julian Assange 'Won't Survive' Extradition to U.S.

    After previously speaking out in support of her friend and WikiLeaks founder, Julian Assange, Pamela Anderson doesn’t think he would survive an extradition from the U.K. to the U.S. “I hope he gets out of there, but I don’t think he’ll survive extradition. It can’t happen. It’s not even an option. We can’t have him [...]

  • Jane Austin SAG AFTRA

    SAG-AFTRA Secretary-Treasurer Jane Austin Running for President

    Jane Austin, the National Secretary-Treasurer of SAG-AFTRA, has become the third candidate for the presidency of the performers union, joining incumbent Gabrielle Carteris and Matthew Modine. Austin is running as an independent for the top post at SAG-AFTRA, which has 160,000 members. Carteris will seek re-election as the head of the ticket for the Unite [...]

More From Our Brands

Access exclusive content