Marvel Entertainment reported today operating results for the fourth quarter. Marvel's Chairman, Morton Handel, commented, "We are pleased with the financial results for 2005 and the strong cash flows generated by our operations. Several watershed events in 2005 have set the stage for the next phase of Marvel's growth. We announced a slate of feature films to be produced by Marvel using non-recourse, third-party debt financing. We are actively working on scripts for Captain America, Ant-Man and Nick Fury and expect that one of these could be our first film in production next year with a release in 2008.

Here's the updated list of what's going on with Marvel based films, video and television projects...

X-Men 3

Currently editing, May 26, 2006 release.

Ghost Rider

Filming completed, currently in post-production, February 16, 2007 release.

Spider-Man 3

In production, May 4, 2007 release.

Fantastic Four 2

Director, In scripting, July 4, 2007 release.

Wolverine

TBD

Hulk 2

TBD

Iron Man

TBD

Thor

TBD

The Punisher 2

TBD

Film Projects Included in the Marvel Film-Backed Credit Facility

Ant-Man, The Avengers, Black Panther, Captain America, Cloak & Dagger, Doctor Strange, Hawkeye, Nick Fury, Power Pack and Shang-Chi. The first film is anticipated for release in 2008.

Marvel Character Animated Direct-to-Video Projects in Development

Partnership with Lions Gate to develop, produce and distribute original animated DVD features. Four projects in 2D/3D format are in production with the first releases slated for 2006.

Titles include: Ultimate Avengers (released February 21, 2006), Ultimate Avengers 2, Iron Man and Doctor Strange.

Marvel Character Animated TV Projects in Development

Fantastic Four: Partnership with Moonscoop SAS (formerly Antefilms Productions) to produce an original animated television series based on the Fantastic Four. Twenty-six, 30-minute 2D/3D animated episodes are planned with initial TV airings in 2006.

Wolverine: In development to produce 26 episodes.

Iron Man: In development to produce 26 episodes.

Marvel Character Live Action TV Projects in Development

Alter Ego; Blade, premiering on Spike TV in 2006 (1); Skrull Kill

Krew.

Read the full report. CLICK HERE

Brian B.