UPDATE 2-Marvel sees weak 2009 on early revenue recognition
* Q3 profit rises 39 pct
* Raises 2008 forecast
* Sees only modest performance for 2009
* Sees lower 2009 rev from Spider-Man merchandising venture
* Shares fall as much as 9 percent (Recasts; adds comments from analysts; updates share movement)
By S. John Tilak and Deepti Govind
BANGALORE, Nov 4 (Reuters) - Comic book publisher Marvel Entertainment Inc MVL.N posted a 39 percent rise in quarterly profit, and it recognized revenue from self-made films earlier than expected, resulting in a stronger outlook for 2008 and a weak forecast for the next year.
The company, which started its own film slate earlier this year by launching "Iron Man," said it anticipated only a modest performance in 2009 in terms of revenue and net income, and its shares fell as much as 9 percent.
It took Marvel one year to figure out what analysts knew all along, which is that it cannot defer film revenue, Wedbush Morgan Securities analyst Michael Pachter said. Continuación...