Deadline.com
Paramount had been earning an 8% distribution fee on the Marvel titles like Iron Man. Paramount also put up P&A and got reimbursed over time. The $115 million will be paid in two installments--half when Iron Man 3 is released and the other half when The Avengers is released. One will be released May, 2012 and the other a year later. If those movies perform more strongly than expected, Paramount will earn more than $115 million. I'm told that the studio is actually getting 9% on that third Iron Man movie, a reward for launching one of Hollywood's most valuable franchises.