Marvel Enterprises

Marvel Entertainment, LLC

Formerly called	Marvel Enterprises ToyBiz
Type	Subsidiary
Industry	Entertainment
Predecessor	Marvel Entertainment Group, Inc. ToyBiz
Founded	June 1998; 18 years ago (June 1998)
Headquarters	New York City, New York, United States
Area served	United States, United Kingdom
Key people	Stan Lee (Chairman Emeritus) Isaac Perlmutter (CEO) Dan Buckley (President) Joe Quesada (CCO)
Products	Music Home Video Films Video Games Television Books Animation Comics
Services	Licensing
Revenue	US$ 676.2 million (2008)
Net income	US$ 205.5 million (2008)
Total assets	US$ 937.6 million (2008)
Parent	The Walt Disney Company
Divisions	Marvel Television
Subsidiaries	Marvel Worldwide, Inc. Marvel Characters, Inc. More
Website	marvel.com

Marvel Entertainment Group, Inc.
(later Marvel Property, Inc.)
Former type	Subsidiary then Public subsidiary (NYSE:MRV)
Industry	Entertainment
Genre	Superhero
Fate	bankrupt, merger
Predecessor	Magazine Management
Successor	Marvel Enterprises
Defunct	000000001998-06-01-0000June 1998
Products	Comics
Services	Licensing
Parent	Cadence Industries (1968–1986) New World Pictures (1986–1989) Andrews Group (1989–1993) Marvel Holdings, Inc. (1994–1997) Icahn Enterprises (1997)
Divisions	Marvel Films (1993–1996) Marvel Enterprise (1997–1998)
Subsidiaries	Marvel Productions (1986–1989) Fleer (1992–1998) ToyBiz (1993–1998) Heroes World Distribution (1994–1996) Panini (1994–1998) SkyBox International (1995–1998) Marvel Studios (1996–1998)
Website	marvel.com

Marvel Entertainment, LLC (formerly Marvel Enterprises and Toy Biz, Inc. and marketed and stylized as MARVEL) is an American entertainment company founded in June 1998, merging Marvel Entertainment Group, Inc. and ToyBiz. The company is a wholly owned subsidiary of The Walt Disney Company, and is mainly known for its Marvel Comics, Marvel Animation, and Marvel Television units. Marvel Studios, formerly under the Marvel umbrella, became a subsidiary of The Walt Disney Studios, where it develops and produces a shared universe that shares continuity with shows produced by the television unit.

In 2009, The Walt Disney Company acquired Marvel Entertainment for $4 billion; it has been a limited liability company (LLC) since then. For financial reporting purposes, Marvel is reported as primarily a part of Disney's Consumer Products segment.

Over the years, Marvel Entertainment has entered in several partnerships and negotiations with other companies across a variety of businesses. As of 2017^[update], Marvel has film licensing agreements with 20th Century Fox and Columbia Pictures, and a theme park licensing agreement with Universal Parks & Resorts extant before Disney's acquisition. Aside from their contract with Universal, Marvel's characters and properties have also appeared at Walt Disney Parks and Resorts.

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