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Avi Arad Responds To Kevin Feige Businessweek Article

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Last month, Businessweek published a cover story about Marvel President Kevin Feige entitled The Man who Saved Marvel. Apparently though, the story seems to be inaccurate and has producer Avi Arad highly upset. Specifically the following part...

Finally, Marvel decided to create its own studio. In 2005 it put up as collateral the film rights to characters it still controlled, such as Captain America and Nick Fury, and got $525 million in financing from Merrill Lynch. Arad, who had doubts about the strategy, resigned the following year. Feige was named studio chief in 2007.

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