Marvel Entertainment, Inc.

Marvel Entertainment, LLC

Formerly called	Marvel Enterprises (1998–2006)
Type	Subsidiary
Industry	Entertainment
Predecessor	ToyBiz
Founded	June 1998; 19 years ago (June 1998)
Headquarters	New York City
Area served	United States, United Kingdom
Key people	Stan Lee (Chairman Emeritus) Isaac Perlmutter (Chairman) Dan Buckley (President) Joe Quesada (CCO)
Products	Music Home video Films Video games Television Books Animation Comics
Services	Licensing
Parent	The Walt Disney Company
Divisions	Marvel New Media Marvel Television
Subsidiaries	Marvel Worldwide, Inc. Marvel Characters, Inc. More
Website	marvel.com

Marvel Property, Inc.

Formerly called	Marvel Entertainment Group, Inc.
Former type	Subsidiary
Traded as	NYSE:MRV
Industry	Entertainment
Genre	Superhero
Fate	Business operations merged with Toy Biz.
Successor	Marvel Enterprises
Founded	December 2, 1986; 31 years ago (1986-12-02)
Defunct	June 1998; 19 years ago (1998-06)
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 and based in New York City, formed by the merger of 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 US$4 billion; it has been a limited liability company (LLC) since then. For financial reporting purposes, The Marvel brand is primarily reported as part of Disney's Consumer Products segment.

Over the years, Marvel Entertainment has entered into several partnerships and negotiations with other companies across a variety of businesses. As of 2018^[update], Marvel has film licensing agreements with 20th Century Fox (for X-Men films and Fantastic Four films), Sony Pictures (for Spider-Man films), and Universal Pictures (a right of first refusal to pick up the distribution rights to any future Hulk films produced by Marvel Studios), and a theme park licensing agreement with Universal Parks & Resorts (for specific Marvel character rights at Islands of Adventure and Universal Studios Japan). Aside from their contract with Universal Parks & Resorts, Marvel's characters and properties have also appeared at Walt Disney Parks and Resorts.