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In late December 2009, The Walt Disney Company purchased Marvel Entertainment for $4 billion. Additionally, in October 2010, Walt Disney Studios bought the distribution rights for "The Avengers" and "Iron Man 3" from Paramount Pictures, with Paramount's logo remaining on the films, as well as for promotional material and merchandise, although Walt Disney Studios Motion Pictures is the only studio credited at the end of these films. Disney has distributed all subsequent Marvel Studios films. In July 2013, Disney purchased the distribution rights to "Iron Man", "Iron Man 2", "Thor" and "Captain America: The First Avenger" from Paramount. "The Incredible Hulk" was not part of the deal, due to an agreement between Marvel and Universal, where Marvel owns the film rights and Universal owns the distribution rights, for this film as well as the right of first refusal to distribute future Hulk films. According to "The Hollywood Reporter", a potential reason why Marvel has not bought the film distribution rights to the Hulk as they did with Paramount for the Iron Man, Thor, and Captain America films is because Universal holds the theme park rights to several Marvel characters that Disney wants for its own theme parks.