This is in all honesty a better fit and deal than the one with Pixar. Marvel has thousands of untapped characters and storylines that Disney can access for TV, DVD and Movies. Coupled with their distribution through services like iTunes, they will reap untold rewards from this deal.

All existing licensing agreements will be honored, but I can guarantee you the one with Universal for IoA will not be extended past its current deal. It will run its course and Universal will be forced to spend hundreds of millions to redo the Marvel area of their park. You can retheme Hulk pretty easily but Spiderman will more than likely be leveled. Hell, Universal may just ask to end the deal early to prevent spillover to Disney once Disney starts really promotion this acquisition.