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Marvel Comics
American media
and entertainment company that was widely regarded as one of the “big two”
publishers in the comic industry. Its parent company, Marvel Entertainment, is
a wholly owned subsidiary of the Disney
Company. Its
headquarters are in New York City.
Corporate History
The precursor to Marvel Comics
was founded in 1939 by pulp magazine publisher Martin Goodman. In order to capitalize on the growing
popularity of comic
books—especially those starring superheroes—Goodman created Timely Comics.
Timely’s first comic
book was Marvel Comics no.
1 (cover dated October 1939), which featured several superhero characters, most notably
the Human
Torch and the Sub-Mariner. Timely Comics introduced many
superhero characters during comics’ “Golden Age” in the 1940s, most
importantly Captain America, who first appeared in Captain America Comics no. 1 (March 1941). Timely
characters were often portrayed as fighting against the Nazis and the Japanese
even before the United States entered World
War II. As the 1940s came to a close, superheroes fell out of vogue with
comic book readers, and Timely canceled the last of its books in this genre in 1950. In 1951 Goodman
formed his own distribution company, and Timely Comics became Atlas Magazines.
Though there was a brief experiment in bringing back superheroes such as
Captain America in 1953, Atlas’s output was mostly in other genres such as humour, westerns, horror, war, and science
fiction.
In 1956 rival company DC
Comics ushered in the so-called Silver Age of comics by
reintroducing superhero titles with significant commercial success. In the
early 1960s Atlas changed its name to Marvel Comics. For several decades Marvel
and DC were the top companies in the industry. Throughout the 1980s and ’90s
Marvel changed hands numerous times, becoming a publicly held company in 1991. Questionable
management decisions and a general slump in sales in the comic book industry
drove Marvel Comics into bankruptcy in 1996. The company emerged from
bankruptcy in 1998 and began to diversify its output, launching imprints aimed
at a variety of demographics and expanding
its cinematic offerings under the Marvel Studios banner. In 2007 Marvel
began publishing digital comics. In 2009
the Walt
Disney Company purchased the parent company of Marvel Comics.
The Marvel Universe
The shared storytelling palette known as the Marvel universe was
unveiled in 1961, when Goodman responded to the growing interest in superhero
books by commissioning writer Stan
Lee and artist Jack
Kirby to create the Fantastic
Four. With the release of Fantastic Four no.
1 (November 1961), readers were introduced to a superheroic setting that was,
nevertheless, rooted in the real world. Lee and Kirby attempted to make their
comic book characters more original by allowing them to interact with each
other in a realistic fashion, including heroes often fighting or arguing with each
other. This trend continued with a flood of other superhero characters
introduced by Marvel Comics during the early 1960s, including Spider-Man, the Incredible Hulk, and the X-Men. Lee wrote the majority of
Marvel’s books during that time, and Jack Kirby and Steve Ditko were the most important and influential artists.
This more
realistic approach to characterizations built up Marvel’s reputation and began
to attract university-age readers. Stories also began to deal with social
issues such as pollution, race relations, and drug
abuse. A
Spider-Man story arc from 1971 dealing with drug abuse had to be published without
the approval of the Comic Code Authority—the self-regulatory body that had
policed comic content since 1954—despite the fact that it was portraying drug
use in a
negative light. This caused the Comic Code Authority to revise its policy in
such matters.
The late 1960s and early 1970s saw a new generation of creative
talent emerge at Marvel. In 1967 Jim Steranko began to write and draw
stories featuring secret agent Nick Fury in the anthology book Strange Tales. Steranko was influenced in his work
by James Bond films and the psychedelic
and Op art movements, and the resulting
stories melded groundbreaking visuals with equally innovative storytelling
techniques. Writer Chris Claremont and artist John Byrne
began a long collaboration on The Uncanny X-Men in
1975. The pair revitalized the flagging series with characters such as Wolverine and complex story arcs that
soon made the X-Men franchise one of Marvel’s
best sellers.
In 1985 Mark Gruenwald started a critically
acclaimed 10-year run as the writer of Captain America. That same year he also began the
miniseries Squadron Supreme (1985–86), a
deconstructionist take on superheroes that preceded Alan
Moore’s graphic
novel Watchmen, published
by DC Comics. The 1980s also saw Frank Miller’s stint on Daredevil, which took that book in a darker
and grittier direction, reviving sagging sales and making it one of Marvel’s
best sellers. In 1988 Todd MacFarlane began a popular run as
artist on The Amazing Spider-Man. Four years
later MacFarlane and a number of other popular artists, including Jim Lee, Erik
Larsen, and Rob Liefeld, left Marvel to found rival Image Comics, a company
that allowed creators to retain the copyrights of their characters.
During the 1990s
and early 2000s a new wave of writers, including Brian Michael Bendis (Daredevil, The Avengers), Jonathan
Hickman (Fantastic Four), and Ed Brubaker (Captain America), became well known for their mature
and sometimes controversial takes on Marvel’s characters. The 2010s saw the
emergence of another new wave of talent, with writer Matt Fraction and artist
David Aja turning in a visually arresting run on Hawkeye, longtime Spider-Man writer Dan Slott teaming
with artist Mike Allred for a bold take on a classic character in Silver Surfer, and writer G. Willow Wilson and artist
Adrian Alphona breaking new ground with their critically acclaimed Ms. Marvel.
In the 21st
century Marvel’s profits were increasingly derived from toys, video games, and
other merchandise featuring their most popular characters and from the
production of a string of commercially successful movies. Those films differed
from prior efforts to translate comics to the big screen in that they were set
in a single shared world. That ambitious plan generated huge dividends with The Avengers (2012), a film that featured Iron Man, Thor, and Captain America—three heroes that had scored individual
blockbuster successes—and grossed more than $1.5 billion worldwide. The Marvel
Cinematic Universe, as it came to be known, grew into one of the most lucrative
franchises in film history. Its success spawned a wave of television programs,
beginning with Agents of S.H.I.E.L.D. (2013–
) on ABC and continuing with Daredevil (2015–18), Jessica Jones (2015– ), and Luke Cage (2016–18), a string of critically
lauded series that appeared on Netflix. In 2015 an agreement between Disney and Sony brought Spider-Man (who had previously appeared only in
Sony-produced films) into the shared universe; the character would subsequently
be available for use by both studios. Marvel Studios, the company’s film and
television division, continued to set records with its flagship Avengers, but it also packed theatres with relatively unknown heroes
such as the Guardians of the Galaxy (2014), Ant-Man (2015), and Doctor Strange (2016). By 2016 more than a dozen
films had been released under the banner of the Marvel Cinematic Universe, and
the franchise’s cumulative global box office
receipts had topped $10 billion.