Zowie! Stan Lee, the creator of such comic-book superheroes as Spider-Man and X-Men, has signed an exclusive content deal with Walt Disney Studios, it was announced Wednesday, the Associated Press reports.

Under the multiyear agreement, the studio gets first shot at films, TV shows, books and video games devised by the 84-year-old Lee and his company, POW! Entertainment.

Financial terms were not disclosed.

Disney Studio Chairman Dick Cook said the deal was designed to create characters and projects that can become franchises for Disney.

Read the full Associated Press story .

For reprint and licensing requests for this article, CLICK HERE.