Latest / Aaron Mahnke's Cabinet of Curiosities / A Heated Rivalry
Transcript
- 0:04Speaker 1: Welcome to Aaron Nke's Cabinet of Curiosities, a production of
- 0:07Speaker 1: iHeartRadio and Grimm and Mild. Our world is full of
- 0:14Speaker 1: the unexplainable, and if history is an open book, all
- 0:18Speaker 1: of these amazing tales are right there on display, just
- 0:22Speaker 1: waiting for us to explore. Welcome to the Cabinet of Curiosities.
- 0:36Speaker 1: In August of nineteen ninety one, Marvel Comics released a
- 0:39Speaker 1: reboot of their X Men comics series, bringing the full
- 0:43Speaker 1: cast together for the first time with stylish new nineties costumes.
- 0:47Speaker 1: The comic quickly became the best selling comic of all
- 0:50Speaker 1: time and still is to this day. This should have
- 0:53Speaker 1: ushered in a new golden era for the company, but
- 0:56Speaker 1: curiously it was the beginning of their descent into bankruptcy.
- 1:01Speaker 1: X Men number one sold over eight million copies. Part
- 1:05Speaker 1: of this was because the product was genuinely creative. It
- 1:08Speaker 1: served as a climax to legendary writer Chris Claremont's sixteen year,
- 1:13Speaker 1: one hundred and thirty seven issue run on the comic,
- 1:16Speaker 1: which is one of the longest runs any comic book
- 1:19Speaker 1: creator has ever had. It also had him passing the
- 1:22Speaker 1: torch to popular new writer and artist Jim Lee, whose
- 1:26Speaker 1: characters with bulging muscles and multiple pouches on their costumes
- 1:30Speaker 1: came to define superhero comic book arts for the next
- 1:33Speaker 1: decade and a half. But it also sold well because
- 1:36Speaker 1: it had not one, not two, but five different covers.
- 1:40Speaker 1: These were marketed as valuable collector's items that fans would
- 1:44Speaker 1: want to get a hold of. Who knew how valuable
- 1:46Speaker 1: they might be one day. But soon Marvel was expanding
- 1:50Speaker 1: this practice to their other biggest comic, Spider Man and
- 1:53Speaker 1: various X Men spinoffs. They were raking in the money. Now.
- 1:58Speaker 1: This business model was the brainchild of Marvel owner Ron Pearlman. No,
- 2:02Speaker 1: not the hell Boy actor. This Ron Pearlman was a
- 2:05Speaker 1: businessman who had spent over eighty million dollars acquiring the
- 2:09Speaker 1: company in nineteen eighty nine, and Ron wanted to recoup
- 2:13Speaker 1: his investment, so he kept milking the fans for more
- 2:16Speaker 1: and more of their cash. He even started including trading
- 2:20Speaker 1: cards bagged with the comics, So now a fan wasn't
- 2:23Speaker 1: just supposedly buying multiple copies of the different covers, They
- 2:27Speaker 1: were also buying multiple copies just to get all the
- 2:30Speaker 1: trading cards. Some fans might buy as many as twenty
- 2:33Speaker 1: copies of a single issue. Ron Peerlman was forgetting a
- 2:37Speaker 1: fairly basic economic principle. If you produce a high quantity
- 2:41Speaker 1: of something that's supposed to be rare, its value is
- 2:44Speaker 1: going to plummet. Comic books aren't food or oil. They're
- 2:49Speaker 1: a luxury good. They're only valuable if people believe that
- 2:52Speaker 1: they are. And the idea that comics are valuable comes
- 2:55Speaker 1: from the comic books of the thirties, forties, fifties, sixties,
- 2:59Speaker 1: and even the seven This was before superheroes became box
- 3:03Speaker 1: office stars. Their comics were seen as cheap, disposable entertainment,
- 3:07Speaker 1: literally like any other magazine, and so people threw them away.
- 3:12Speaker 1: I'm sure you've seen the occasional headline where a rare
- 3:15Speaker 1: Superman number one from nineteen thirty nine sells for millions
- 3:19Speaker 1: of dollars today, and that's because it actually is rare.
- 3:23Speaker 1: There are only a few hundred copies left out there
- 3:26Speaker 1: out of the original nine hundred thousand copy print run. Marvel,
- 3:30Speaker 1: on the other hand, was printing millions of copies of
- 3:33Speaker 1: X Men number one and their other comics, and since
- 3:35Speaker 1: they were selling them as collectibles, they were being carefully preserved,
- 3:39Speaker 1: not rolled up and thrown away. By nineteen ninety six,
- 3:42Speaker 1: Marvel's revenues fell drastically as fans realized these comics weren't
- 3:47Speaker 1: worth anything. Marvel was still making all of these variant
- 3:50Speaker 1: covers in trading cards, and no one was buying them anymore.
- 3:54Speaker 1: To solve this problem, Ron Perlman hatched a crazy scheme,
- 3:57Speaker 1: filing for bankruptcy so that he could re organized the
- 4:00Speaker 1: company without permission from its shareholders. He was going to
- 4:04Speaker 1: then spend even more buying toy Biz, a toy company
- 4:07Speaker 1: that he thought could be used to increase Marvel's profits,
- 4:10Speaker 1: and the shareholders actually liked that part of the plan,
- 4:14Speaker 1: but they had no use for Ron Perlman's shortsighted business practices.
- 4:18Speaker 1: They simply fired him and went ahead with the acquisition
- 4:21Speaker 1: in nineteen ninety eight. The new leaders of the company,
- 4:24Speaker 1: toy Biz, executives like Ike Perlmutter and Avia Rod, would
- 4:27Speaker 1: lead Marvel into an even more curious history. As fast
- 4:31Speaker 1: as the company had gone from a record high to
- 4:33Speaker 1: a record low, it would just as quickly reach new
- 4:35Speaker 1: heights when Pearl, Mutter and Arod made major film deals
- 4:39Speaker 1: to lead movies like Sam Raimis spider Man and Brian
- 4:42Speaker 1: Singer's X Men, and of course this was just the
- 4:45Speaker 1: beginning of the company's legendary film history. It's a curious
- 4:48Speaker 1: case of a company that went from so big it
- 4:51Speaker 1: failed to too big to fail in only a few
- 4:54Speaker 1: years of time. Marvel seems to be a company that
- 4:57Speaker 1: always bounces back. With that in mind, if you have
- 5:00Speaker 1: a copy of X Men number one, maybe hold on
- 5:03Speaker 1: to it. It might actually be worth something someday. Just kidding.
- 5:07Speaker 1: Millions of people would have to suddenly destroy their copies
- 5:10Speaker 1: for your copy of the comic to be worth anything.
- 5:13Speaker 1: And if you're curious about getting into comic books, get
- 5:15Speaker 1: them because you want to have fun reading them, and
- 5:18Speaker 1: not because you think that they'll make you a millionaire.
- 5:35Speaker 1: You may think that sports team rivalries and post championship
- 5:38Speaker 1: riots are modern inventions, but sports mania is actually a
- 5:42Speaker 1: tail as old as time. The Roman Empire had no
- 5:46Speaker 1: Super Bowl or World Series, but there was chariot racing.
- 5:50Speaker 1: People from all over Constantinople would flock to a one
- 5:53Speaker 1: hundred thousand seat stadium called the Hippodrome to watch the
- 5:57Speaker 1: two top teams, the Blues and the Greens, race to
- 6:00Speaker 1: see who would win, and just like today's sports fans,
- 6:04Speaker 1: the rivalry between the two teams supporters sometimes turned violent.
- 6:09Speaker 1: In the year five point thirty two AD, a group
- 6:11Speaker 1: of Blues and Greens fans were convicted of murder after
- 6:15Speaker 1: a deadly riot. They were sentenced to be hanged, and
- 6:18Speaker 1: a crowd of chariot racing fans from both sides gathered
- 6:21Speaker 1: to watch the execution. The convicts took their turns going
- 6:24Speaker 1: up to the gallows, and the first five men were
- 6:27Speaker 1: swiftly executed. Finally, the last two, one Blue and one Green,
- 6:32Speaker 1: were led up to the platform, but while they were
- 6:34Speaker 1: being hanged, the gallows suddenly collapsed. They survived, and the
- 6:39Speaker 1: crowd went wild to them. This was a sign that
- 6:43Speaker 1: these two men were not supposed to die, and as
- 6:45Speaker 1: the executioners led the men away to await another execution date,
- 6:49Speaker 1: the two teams were finally united against a common enemy,
- 6:53Speaker 1: the government of Emperor Justinian, which was trying to execute
- 6:57Speaker 1: their divinely anointed heroes. A few days later, at the
- 7:01Speaker 1: next chariot race, rather than fighting each other, the Blues
- 7:04Speaker 1: and the Greens in the hippodrome appeared to be on
- 7:06Speaker 1: the same side as usual. While the charioteers were circling
- 7:10Speaker 1: around the track, all of the fans chanted Nika nika,
- 7:14Speaker 1: the Greek word for victory. But they weren't just talking
- 7:17Speaker 1: about the race. They were also talking about victory over
- 7:21Speaker 1: Emperor Justinian. Gradually, the anger reached a boiling point. United
- 7:26Speaker 1: with one will, the crowd streamed out of the stadium
- 7:29Speaker 1: and into the streets, and they rioted, setting every building
- 7:32Speaker 1: on the street on fire. The riot spread throughout the
- 7:35Speaker 1: city and it lasted for days, only gaining momentum as
- 7:39Speaker 1: time went on. After burning most of Constantinople, they converged
- 7:43Speaker 1: again on the Hippodrome, turning it into the headquarters of
- 7:47Speaker 1: their anti government insurrection. Meanwhile, Emperor Justinian panicked inside the
- 7:52Speaker 1: Imperial Palace, which just so happened to be directly connected
- 7:56Speaker 1: to the Hippodrome. He was only a matter of time
- 7:58Speaker 1: before the rioters would breach the palace, and if they did,
- 8:01Speaker 1: they would likely kill him. Justinian tried and failed to
- 8:05Speaker 1: appease them by firing several of his least popular officials. Eventually,
- 8:09Speaker 1: he gave into their demands and he freed the two
- 8:12Speaker 1: prisoners who narrowly escaped execution but by that point even
- 8:16Speaker 1: this wasn't enough to quell the fury that had taken
- 8:19Speaker 1: over the city. On the fifth day, the rioters appointed
- 8:23Speaker 1: a new emperor and seated him on a throne inside
- 8:26Speaker 1: the Hippodrome, and this was the last straw for Justinian.
- 8:30Speaker 1: He directed his military to launch a counter attack to
- 8:33Speaker 1: restore order. Justinian's generals descended upon the Hippodrome and barricaded
- 8:38Speaker 1: the exits, trapping tens of thousands of Rioters inside. What
- 8:43Speaker 1: happened next was a complete bloodbath. Within a day, the
- 8:46Speaker 1: Emperor's soldiers had killed thirty thousand people and the insurrection
- 8:51Speaker 1: was finally put down. To this day, the Nico Riot
- 8:55Speaker 1: remains the most deadly riot in all of sports history.
- 9:03Speaker 1: I hope you enjoyed today's guided tour through the Cabinet
- 9:06Speaker 1: of Curiosities. This show was created by me Aaron Manke
- 9:09Speaker 1: in partnership with iHeart Podcasts, researched and written by the
- 9:13Speaker 1: Grim and Mild team, and produced by Jesse Funk. Learn
- 9:16Speaker 1: more about the show and the people who make it
- 9:18Speaker 1: over at Grimandmild dot com slash Curiosities. You'll also find
- 9:23Speaker 1: a link to the official Cabinet of Curiosity's hardcover book
- 9:26Speaker 1: available in bookstores and online, as well as ebook and audiobook.
- 9:30Speaker 1: And if you're looking for an ad free option, consider
- 9:33Speaker 1: joining our Patreon. It's all the same stories, but without
- 9:36Speaker 1: the interruption for a small monthly fee. Learn more and
- 9:39Speaker 1: sign up over at patreon dot com. Slash Grimandmild, and
- 9:44Speaker 1: until next time, stay curious.