marvel

Marvel Entertainment Group, Inc. (Marvel or MEG), incorporated on December 2, 1986,[6] and included Marvel Comicsand Marvel Productions. That year, it was sold to New World Entertainment Ltd as part of the liquidation of Cadence Industries.[8] On January 6, 1989, Ronald Perelman's MacAndrews & Forbes Holdings bought Marvel Entertainment Group from New World for $82.5 million.[9] The deal did not include Marvel Productions, which was folded into New World's TV and movie business.[8]