Marvel Entertainment

Marvel Entertainment, LLC, formerly Marvel Enterprises and Toy Biz, Inc., is an American entertainment company formed from the merger of Marvel Entertainment Group, Inc. and Toy Biz, Inc. The company is known for its Marvel Comics subsidiary and, as of the late 2000s, its film productions from Marvel Studios.

In 2009, The Walt Disney Company acquired Marvel Entertainment, Inc. for $4.64 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 Studio Entertainment or Consumer Products segments.

Marvel has film partnerships with 20th Century Fox and Columbia Pictures, whereas Marvel Studios' films are released by Walt Disney Studios Motion Pictures, another Disney unit. Marvel formerly had partnerships with Universal Studios and Lions Gate Entertainment.