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Toy Biz, Inc. (later known as Marvel Toys ) was a toy manufacturer , originally founded in Montreal , Quebec as Charan Toys . The company is best known for holding the Marvel Comics toy license from 1990 to 2006.

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45-406: MVL may refer to: Businesses and corporations [ edit ] Marvel Entertainment ; New York Stock Exchange symbol MVL Melville Corporation ; former New York Stock Exchange symbol MVL Mvelaphanda Resources Limited ; JSE Securities Exchange symbol MVL Mathematics, science and technology [ edit ] Man Vehicle Laboratory ,

90-1177: A limited liability company (LLC) since then. For financial reporting purposes, Marvel was primarily reported as part of the Disney Consumer Products segment ever since Marvel Studios ' reorganization from Marvel Entertainment into Walt Disney Studios . Over the years, Marvel Entertainment entered into several partnerships and negotiations with other companies across a variety of businesses. As of 2024 , Marvel has film licensing agreements with Sony Pictures via Columbia Pictures (for Spider-Man films ) and theme park licensing agreements with IMG Worlds of Adventure and Universal Destinations & Experiences (for specific Marvel character rights at Islands of Adventure ). Aside from their contract with Universal Destinations & Experiences, Marvel's characters and properties have also appeared at Disney Parks . On March 29, 2023, Marvel Entertainment's remaining units were folded into Disney's other divisions. Marvel Entertainment Group, Inc. (or MEG ), incorporated on December 2, 1986 , and included Marvel Comics and Marvel Productions . That year, it

135-644: A 1995 Toy Biz acquisition, from Marvel. In summer 2003, Marvel placed an offer for Artisan Entertainment . A new unit, Marvel International, was set up in London under a president, Bruno Maglione, to extend the company's operation and presence in major overseas markets in November 2003. In December 2003, Marvel Entertainment acquired Cover Concepts from Hearst Communications, Inc. In November 2004, Marvel consolidated its children's sleepwear-apparel licensing business with American Marketing Enterprises, Inc. In November 2004,

180-519: A 60,000-square-foot (5,600 m ) suite at 135 W. 50th Street, New York City, under a nine-year sublease contract. Stan Lee Media 's lawsuit against Marvel was dismissed again in February 2011. In March 2013, Feld Entertainment agreed with Marvel to produce a Marvel Character-based live arena show . Marvel was also launching a new pop culture and lifestyle web show, "Earth's Mightiest Show". On August 22, 2013, Marvel Entertainment announced that it

225-460: A billion dollars in bonds under the direction of Perelman, which was passed up in dividends to Perelman's group of companies. Later on, Marvel and Acclaim Entertainment teamed up to provide a video game license in the early 1990s, which eventually formed into a joint label, Marvel Software in 1994. On July 5, 1994, Marvel acquired Panini Group , an Italian sticker-maker, followed by Malibu Comics on November 3 and Heroes World Distribution ,

270-464: A deal to acquire Marvel Entertainment for $ 4 billion, with Marvel shareholders to receive $ 30 and approximately 0.745 Disney shares for each share of Marvel they own. Shareholders from both companies approved the deal on December 31, 2009; it was finalised on the same day. The company was delisted from the New York Stock Exchange under its ticker symbol (MVL), due to the closing of

315-566: A division of the new company. In 1999, Toy Biz ventured into professional wrestling , acquiring the master toy license to World Championship Wrestling (WCW). After two years, the license deal was cut short, due to WCW being purchased by the World Wrestling Federation in 2001. Toy Biz were also notable for producing action figures for Peter Jackson's Lord of the Rings Film Trilogy between 2001 and 2005. Having developed

360-656: A good working relationship with New Line Cinema following their Blade toy line , Toy Biz managed to get the rights in spite of stiff competition from other companies. Toy Biz made several developments with this line - going for a slightly larger 6 inch scaled figure as opposed to the 3 31/4” scale popularised by toy lines such as Hasbro's Star Wars figures and going for a mixture of screen accuracy and articulation/playability in order to appease both child and adult collectors. The company would later license products for Total Nonstop Action Wrestling (TNA), Curious George and Code Lyoko . In 2001, Marvel Enterprises licensed

405-497: A high school athletic league in California, United States Transport [ edit ] Malavli railway station , India; Indian Railways station code MVL Malvern Link railway station , England; National Rail station code MVL Mavial Magadan Airlines ; ICAO airline code MVL Morrisville-Stowe State Airport , Vermont, United States; IATA airport code MVL Other uses [ edit ] Members voluntary liquidation ,

450-585: A hockey equipment brand in the mid-1980s. In 1988, Charan Toys was renamed Toy Biz and became an American firm. In 1990, Charan, including the Toy Biz subsidiary, was purchased by businessman Ike Perlmutter. In 1993, Toy Biz made a deal for "exclusive, perpetual, royalty-free licenses" of Marvel Characters for 46 percent of Toy Biz equity. Avi Arad , a toy designer and comic book fan joined Toy Biz that same year. Toy Biz continued licensing outside brands, including DC Comics characters, producing goods such as

495-542: A lawsuit accusing him of helping divert $ 553.5 million in notes when he controlled the company. ToyBiz and Marvel Entertainment Group were merged into Marvel Enterprises to bring it out of bankruptcy on June 2, 1998. In February 1999, Fleer/Skybox was sold to a corporation owned by Alex and Roger Grass, a father and son, for US$ 30 million. Later, the rights to names like "Spider-Man" were being challenged. Toy Biz hired an attorney to review its license agreement. Los Angeles patent attorney Carole E. Handler found

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540-565: A legal loophole in the licensing of the Marvel name and was successful in reclaiming Marvel Enterprises' movie rights to its character Spider-Man. Marvel Enterprise organized itself into four major units, Marvel Studios, Toy Biz, Licensing and Publishing, while in November 1999 adding Marvel Characters Group to manage Marvel's IP and oversee marketing. Marvel named its Marvel New Media president, Steve Milo, in November 2000 to oversee its website. In 2003, Bill Stine purchased back Quest Aerospace ,

585-703: A new field with the development of a scripted podcast series, Wolverine: The Long Night , announced on December 5, 2017. Marvel and SiriusXM announced on October 22, 2019, a multi-year deal for scripted and unscripted podcast series and themed live events. Marvel Entertainment announced a new pre-school franchise, Marvel Super Hero Adventures , in September 2017 consisting of a short-form animated series along with publishing and merchandise during "Marvel Mania" October. On December 7, 2017, Marvel announced its Marvel Rising franchise focusing on new characters as youngsters starting with animation in 2018. Marvel Comics

630-457: A plan to save Marvel in which the company would merge with Toy Biz after Perelman spent $ 350 million for the Toy Biz shares that he did not already own. He would then receive newly issued Marvel shares to maintain his 80 percent stake. Separately, in July 1996, Marvel filed with the U.S. Securities and Exchange Commission to raise money to create a private entity called Marvel Studios . Much of

675-509: A regional distributor to comic-book shops, in December. On March 10, 1995, it acquired trading card company SkyBox International with the acquisition being fully completed later in May. Marvel's attempt to distribute its products directly led to a decrease in sales and aggravated the losses which Marvel suffered when the comic book bubble popped, the 1994 Major League Baseball strike massacred

720-584: A research group at the Massachusetts Institute of Technology Mercury-vapor lamp , a type of gas-discharge lamp Multi-valued logic , a propositional calculus with more than two truth values People [ edit ] Mario Vargas Llosa (born 1936), Peruvian-Spanish writer Maxime Vachier-Lagrave (born 1990), French chess grandmaster Sports [ edit ] Miami Valley League , Ohio, United States Mountain Valley League ,

765-458: A slate of 10 unscripted series including two from Marvel New Media was revealed for Disney+ . After Rahmani left for Google , podcast host Ryan Penagos became vice president and creative executive for the organization. Marvel and SiriusXM announced on October 22, 2019, a multi-year deal for multiple scripted and unscripted podcast series for 2020 debuts. The first four scripted series feature Black Widow, Hawkeye, Star-Lord, and Wolverine, which

810-604: A type of company liquidation Minnesota Valley Lutheran High School , a private Lutheran high school in New Ulm, Minnesota Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title MVL . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=MVL&oldid=1223753771 " Category : Disambiguation pages Hidden categories: Short description

855-541: A wholly owned subsidiary of the Walt Disney Company from 2009 until its dissolution in 2023, and was mainly known for consumer products, licensing, and comic books by Marvel Comics , as well as its early forays into films and television series , including those within the Marvel Cinematic Universe (MCU). In 2009, The Walt Disney Company acquired Marvel Entertainment for US$ 4 billion ; it had been

900-633: A year. As a result of the early termination, Marvel Entertainment paid Toy Biz Worldwide Ltd. a penalty of between $ 13–16 million USD. Throughout 2007, the division struggled to stay afloat without the Marvel Comic licenses. The company introduced a series called the Legendary Comic Book Heroes – making action figures of non-Marvel Comic characters, though it suffered with poor sales. The company also furthered its TNA Wrestling and Curious George lines. Marvel Entertainment quietly began to close

945-402: Is a unit of The Walt Disney Company consisting of the company's website, web series, and podcast. Digital shows under New Media are THWIP! The Big Marvel Show , The Marvel Minute , Marvel LIVE! and Marvel Top 10 . In October 2017, Ron Richards began working at Marvel Entertainment as vice president and Managing Editor of New Media, while Marvel Digital freelance on-air host Lorraine Cink

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990-513: Is different from Wikidata All article disambiguation pages All disambiguation pages Marvel Entertainment Marvel Entertainment, LLC (formerly Marvel Entertainment, Inc. and Marvel Enterprises, Inc. ) was an American entertainment company founded in June 1998 and based in New York City, formed by the merger of Marvel Entertainment Group and Toy Biz . The company has been

1035-443: Is expected to publish material for Marvel Rising, but delayed any announcement on their material. In May 2018, The Walt Disney Company Australia purchased eight-year naming rights to Docklands Stadium from Melbourne Stadiums Limited and selected the Marvel brand as part of the name. Since September 1, 2018, the stadium has been known commercially as Marvel Stadium. A Marvel retail store and other inclusion of Marvel would be added to

1080-430: Is planned to lead to a fifth series featuring all four characters. The slate's unscripted podcasts would consist of talk shows, Marvel's history via a modern-day pop cultural view, and popular Marvel franchises-focused podcasts. In early 2023, as part of cost-cutting moves by its parent company Disney, the in-house audio production unit responsible for Marvel podcasts was cut from six to three people. The move also marked

1125-658: The Batman's (1989) Batmobile and some action figures, Hercules: The Legendary Journeys and Xena: Warrior Princess action figures based on the Action Pack television series shown on many New World Television stations. Also, agreements with Gerber and NASCAR were acquired. In 1995, Toy Biz acquired Spectra Star, Inc. and Quest Aerospace Education, Inc., both toy companies. Toy Biz started up its Classic Heroes candy division in 1996, which sold candy/toy combinations using mainly Marvel characters. The company also entered

1170-810: The United States District Court for the Southern District of New York issued a summary judgment in favor of Marvel, which was affirmed in August 2013 by the United States Court of Appeals for the Second Circuit . The Kirby estate filed a petition on March 21, 2014, for a review of the case by the Supreme Court of the United States , but a settlement was reached on September 26, 2014, and

1215-502: The trading card company Fleer on July 24, 1992. On April 30, 1993, Marvel acquired 46% of ToyBiz , which gave the company the rights to make Marvel toys. The Andrews Group named Avi Arad of ToyBiz as the president and CEO of the Marvel Films division. In 1993 and 1994, Marvel's holding companies , Marvel Holdings, Inc. and Marvel Parent Holdings, Inc., were formed between Andrews Group and MEG. The companies issued over half

1260-498: The business of the creation and marketing of characters." Marvel made an initial public offering of 40% of the stock ( ticker symbol NYSE:MRV) on July 15, 1991, giving $ 40 million from the proceeds to Andrews Group, Marvel's then direct parent corporation within MacAndrews & Forbes Holdings. In the early 1990s, Marvel Entertainment Group began expanding through acquisitions and the formation of new divisions. Marvel purchased

1305-563: The company's stock. Later, in June 1997, Icahn won the right to replace Marvel's board, including Perelman. In December 1997, during the post-bankruptcy reorganization phase, Toy Biz came to an agreement to purchase Marvel from the banks. In December 1997, the bankruptcy court appointed a trustee to oversee the company in place of Icahn. In April 1998, while the legal battle continued, the NYSE delisted Marvel stock. In August 2008, former company head Ronald Perelman paid $ 80 million to settle

1350-540: The corporation sued South Korea -based NCSoft Corp . and San Jose, California -based Cryptic Studios Inc. over possible trademark infringement in their City of Heroes massive multiplayer online game. Marvel settled a film-royalties lawsuit in April 2005 with its former editor-in-chief, publisher and creator, Stan Lee , paying him $ 10 million and negotiating an end to his royalties. In September 2005, Marvel Enterprises changed its name to Marvel Entertainment to reflect

1395-484: The corporation's expansion into financing its own movie slate . In 2007, several Stan Lee Media related groups filed lawsuits against Marvel Entertainment for $ 1 billion and for Lee's Marvel creations in multiple states, most of which have been dismissed. Additionally, a lawsuit over ownership of the character Ghost Rider was filed on March 30, 2007, by Gary Friedrich and Gary Friedrich Enterprises, Inc. On August 31, 2009, The Walt Disney Company announced

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1440-451: The deal. On June 2, 2010, Marvel announced that it promoted Joe Quesada to chief creative officer of Marvel Entertainment. In June 2010, Marvel set up a television division headed by Jeph Loeb as executive vice president. Three months later, Smith & Tinker licensed from Marvel the character rights for a superhero digital collectible game for Facebook and Apple's mobile platform. On October 1, 2010, Marvel moved its offices to

1485-456: The dismissal of executives of vice president level and above in TV and animation under Feige, plus the removal of Brian Crosby as creative director of Themed Entertainment for Marvel Entertainment. On March 29, 2023, Disney laid off Marvel Entertainment's chairman Isaac Perlmutter and the subsidiary's units were folded into Disney's other divisions. Marvel New Media (also called Marvel Digital )

1530-448: The electronic learning aids (ELA) segment of the toy industry in 1996 with a licensing agreement with Apple Computer . Toy Biz partially acquired Marvel Entertainment Group. In the late 1990s, Marvel Entertainment Group filed for bankruptcy and became the subject of a battle for control in bankruptcy court. The company was salvaged in 1997 and merged with Toy Biz in 1998. The new company became Marvel Enterprises , and Toy Biz became

1575-426: The end of the co-production agreement with SiriusXM, making Wastelanders the final series produced under the partnership. All the films are made for Direct-to-video /television and produced by Marvel Animation, except as indicated. Toy Biz In 1993, Marvel Entertainment Group acquired a minority stake in Toy Biz. In 1998, Toy Biz merged with Marvel Entertainment Group to bring it out of bankruptcy, with

1620-476: The family requested that the petition be dismissed. Marvel president of TV, publishing and brand Dan Buckley was promoted to Marvel Entertainment president in January 2017 adding games, global brand management and the franchise groups to his current responsibilities. In October 2017, Ron Richards began working at Marvel Entertainment as vice president and Managing Editor of New Media. Marvel New Media expanded into

1665-414: The money to create Marvel Studios came from the sale of Toy Biz stock. On December 27, 1996, the Marvel group of companies filed for Chapter 11 bankruptcy protection . At this time, Carl Icahn , an American businessman and investor, began buying Marvel's bonds at 20% of their value and moved to block Perelman's plan. In February 1997, Icahn won the bankruptcy court's approval to take control of

1710-490: The profits of the Fleer unit, and Panini, whose revenue depended largely on Disney licensing, was hobbled by poor Disney showings at the box office. A minority of dissidents maintain no bubble existed. In late 1995, Marvel reported its first annual loss under Perelman, which was attributed mainly to the company's large size and a shrinking market. On January 4, 1996, Marvel laid off 275 employees. In late 1996, Perelman proposed

1755-477: The rights to the 'Toy Biz' name to a Hong Kong–based toy manufacturer, Toy Biz Worldwide Ltd. Toy Biz also outsourced much of the manufacturing to Toy Biz Worldwide Ltd. In January 2006, Marvel Entertainment signed a five-year licensing agreement with Hasbro Inc. for $ 205 million, giving Hasbro the right to make toys and games based on Marvel Comic licenses. As a result of this, Marvel Entertainment prematurely terminated its agreements with Toy Biz Worldwide Ltd, by

1800-579: The stadium. In October 2019, Marvel Studios head Kevin Feige was named Marvel's Chief Creative Officer, overseeing all the creative affairs within Marvel Entertainment in addition to Marvel Studios. Under the structure, Marvel Television and Marvel Family Entertainment (animation) moved to Marvel Studios, with Marvel Entertainment president Dan Buckley reporting to Feige. With the December 2019 announcement of folding of Marvel TV into Marvel Studios came

1845-592: The two merged companies becoming Marvel Enterprises . Toy Biz would continue as the name of its toy manufacturing division. In 2005, the division would start to use the name Marvel Toys, as well as Toy Biz, to reflect the Marvel Cinematic Universe . In January 2006, Hasbro acquired the Marvel Comics toy license, to release its first products in January 2007. The division attempted to continue with non-Marvel licenses, but became inactive by fall 2007. The company's original forerunner, Canadian company Chantex, Inc.,

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1890-505: Was founded in the late 19th century by the Zuckerman family. The business grew from $ .16 million in sales to sales of $ 4.5 million in 1980. In 1980, Chantex merged with Earl Takefman's Randim Marketing, Inc., a school supply manufacturer and wholesaler, to become Charan Industries Inc. Its Charan Toy, Inc. subsidiary became a leading licensing toy company in 1985. In addition to toys, Charan implemented brands in other areas, including acquiring

1935-528: Was hired as Senior Creative Producer. Marvel New Media expanded into a new field with the development of a scripted podcast series, Wolverine: The Long Night , announced on December 5, 2017. On April 7, 2018, at the Chicago Comic and Entertainment Expo, Marvel New Media announced its new slate. Marvel named Shane Rahmani as senior vice president and general manager of new media in March 2019. On April 10, 2019,

1980-573: Was sold to New World Entertainment Ltd as part of the liquidation of Cadence Industries . On January 6, 1989, Ronald Perelman 's MacAndrews & Forbes Holdings bought Marvel Entertainment Group from New World for $ 82.5 million. The deal did not include Marvel Productions , which was folded into New World's TV and movie business. "It is a mini-Disney in terms of intellectual property," said Perelman. "Disney's got much more highly recognized characters and softer characters, whereas our characters are termed action heroes. But at Marvel we are now in

2025-805: Was working with Hero Ventures on The Marvel Experience , a traveling production/attraction. In April 2014, Hong Kong Disneyland announced the construction of Iron Man Experience , the first Marvel ride at any Disney theme park. It opened in 2017 and was built on a location in the park's Tomorrowland . On September 16, 2009, the Jack Kirby estate served notices of termination to Walt Disney Studios , 20th Century Fox , Universal Pictures , Paramount Pictures , and Sony Pictures to attempt to gain control of various Silver Age Marvel characters. Marvel sought to invalidate those claims. In mid-March 2010 Kirby's estate "sued Marvel to terminate copyrights and gain profits from [Kirby's] comic creations." In July 2011,

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