Marvel is owned by Disney (the United States, NYSE: DIS), which acquired the brand on 31 December 2009.[1][2] Marvel was founded in 1939 in New York, New York and was independent until 2009.
Marvel filed for bankruptcy in 1996 and had licensed away film rights to its best-known characters to survive. Disney bought it in 2009 for about $4 billion, and the Marvel Cinematic Universe went on to become the highest-grossing film franchise ever made.
Disney acquired Marvel Entertainment for about $4 billion. Marvel had emerged from bankruptcy a decade earlier having licensed away film rights to several of its best-known characters, which is why Spider-Man remains entangled with Sony.