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<TITLE>Filed by Bowne Pure Compliance</TITLE>
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<P align="center" style="font-size: 14pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
<FONT style="font-size: 12pt">Washington, D.C. 20549
</FONT></B>

<P align="center" style="font-size: 18pt"><B>FORM 8-K</B>

<P align="center" style="font-size: 12pt"><B>CURRENT REPORT<BR>
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</B>

<P align="center" style="font-size: 10pt"><B>Date of Report (Date of earliest event reported): February 17, 2009</B>

<P align="center">

<P align="center" style="font-size: 24pt"><B>MARVEL ENTERTAINMENT, INC.<BR></B>
<FONT style="font-size: 10pt">(Exact name of registrant as specified in its charter)
</FONT>

<TABLE border="0" width="100%" cellspacing="0" cellpadding="0" style="font-size: 10pt; text-align: center">
<TR>
    <TD width="32%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="33%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="32%">&nbsp;</TD>
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<TR valign="bottom">
    <TD style="border-bottom: 1px solid #000000"><B>Delaware</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>001-13638</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>13-3711775</B></TD>
</TR>
<TR valign="top">
    <TD>(State or other Jurisdiction of Incorporation)</TD>
    <TD>&nbsp;</TD>
    <TD>(Commission File Number)</TD>
    <TD>&nbsp;</TD>
    <TD>(IRS Employer Identification No.)</TD>
</TR>
</TABLE>

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    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="49%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD style="border-bottom: 1px solid #000000"><B>417 Fifth Avenue, New York, New York <BR></B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>10016</B></TD>
</TR>
<TR valign="top">
    <TD>(Address of Principal Executive Offices)</TD>
    <TD>&nbsp;</TD>
    <TD>(Zip Code)</TD>
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<P align="center" style="font-size: 10pt">Registrant&#146;s telephone number, including area code: <B>(212) 576-4000</B>


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    <TD nowrap style="border-bottom: 1px solid #000000"><B>&nbsp;</B></TD>
</TR>
<TR>
    <TD nowrap>(Former name or former address if changed since last report.)</TD>
</TR>
</TABLE>

<P align="left" style="font-size: 10pt">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:

<P align="left" style="font-size: 10pt">
<FONT face="Wingdings">&#111;</FONT> Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<BR>


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<P align="left" style="font-size: 10pt"><B>Item&nbsp;1.01 Entry into a Material Definitive Agreement.</B>


<P align="left" style="font-size: 10pt; text-indent: 4%">On February&nbsp;17, 2009, Marvel Characters B.V. (&#147;Marvel Characters&#148;), a subsidiary of Marvel Entertainment, Inc.,
and, solely with respect to characters based on movies and television shows featuring Spider-Man and produced by Sony
Pictures Entertainment Inc., Spider-Man Merchandising L.P. (the &#147;LP&#148; and, together with Marvel Characters, the
&#147;Licensor&#148;) entered into a license agreement and associated arrangements (collectively, the &#147;Extension License
Agreement&#148;) with Hasbro, Inc. (&#147;Hasbro&#148;).


<P align="left" style="font-size: 10pt; text-indent: 4%">Pursuant to the Extension License Agreement, Hasbro&#146;s existing license from the Licensor, which was expected to
expire on December&nbsp;31, 2011 (subject to a limited extension for certain events), has been extended through December&nbsp;31,
2017. The period from the end of the current license agreement between the Licensor and Hasbro, to December&nbsp;31, 2017,
is referred to hereafter as the &#147;Extended License Term&#148;. If the Licensor and its studio licensees do not release a
minimum of eight qualifying theatrical releases during the Extended License Term, at least four of which are based on
the Spider-Man or Iron Man properties, then the Extended License Term will run through December&nbsp;31, 2018.


<P align="left" style="font-size: 10pt; text-indent: 4%">The intellectual property covered by the Extension License Agreement is comprised of all Marvel Classic
Characters, and to the extent that the Licensor owns or controls the associated rights, all Marvel Movie Characters and
Marvel Animated and Live-Action Television Characters, as such properties are defined in the Extension License
Agreement (collectively the &#147;Licensed Properties&#148;).


<P align="left" style="font-size: 10pt; text-indent: 4%">Under the Extension License Agreement, Hasbro has an exclusive license to utilize the Licensed Properties during
the Extended License Term for purposes of manufacturing, promoting, selling and distributing products in a number of
licensed categories, including: action figures, flying action figures, feature plush, puzzles and board games,
non-costume/non-dress up action and role-play weapons and accessories, NERF branded sporting goods and blasters, water
guns and water cannons, PLAYSKOOL branded pre-school toys, TITANIUM die-cast figures and vehicles and ATTACKTIX figures
for Hasbro&#146;s ATTACKTIX tactics game, all as such categories are defined in the Extension License Agreement. Hasbro&#146;s
license from the Licensor is worldwide, with the exclusion of Japan.


<P align="left" style="font-size: 10pt; text-indent: 4%">Marvel Characters has agreed to provide Hasbro with creative services with respect to the concept for, and
marketing of, the licensed products. The Licensor has review and approval rights over licensed merchandise and
associated marketing efforts. The Extension License Agreement further provides for minimum marketing and product
offering commitments.


<P align="left" style="font-size: 10pt; text-indent: 4%">The Extension License Agreement calls for payments by Hasbro to the Licensor based upon specified percentages of
Hasbro&#146;s net sales of different categories of licensed product. The Extension License Agreement provides for $100
million in guaranteed royalties. Of this amount, $50&nbsp;million is due within five business days of signing the Extension
License Agreement, and the remaining $50&nbsp;million is due 12&nbsp;months after the release of the final movie subject to the
parties&#146; current license agreement, but in no event later than December&nbsp;31, 2013. The guaranteed royalties under the
Extension License Agreement can be increased by up to an additional $140&nbsp;million in the aggregate based upon the
release of specified numbers of qualifying theatrical releases during the Extended License Term.

<P align="center" style="font-size: 10pt; text-indent: 4%">&nbsp;

<P align="center" style="font-size: 10pt; display: none">2
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<P align="left" style="font-size: 10pt; text-indent: 4%">On February&nbsp;17, 2009, the Licensor and Hasbro issued a press release announcing the Extension License Agreement.
A copy of this press release is furnished as Exhibit&nbsp;99 to this Form 8-K.


<P align="left" style="font-size: 10pt"><B>Item&nbsp;9.01 Financial Statements and Exhibits.</B>


<P>
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    <TD width="3%" nowrap align="left">(d)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Exhibits</TD>
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    <TD width="81%">&nbsp;</TD>
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<TR style="font-size: 10pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Exhibit No.</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000">Description</TD>
</TR>

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<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><BR>99
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>Press Release, dated February&nbsp;17, 2009</TD>
</TR>
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<P align="center" style="font-size: 10pt"><B>SIGNATURE</B>



<P align="left" style="font-size: 10pt; text-indent: 8%">Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly authorized.



<P align="left" style="margin-left:45%; font-size: 10pt"><B>MARVEL ENTERTAINMENT, INC.</B>



<P align="left" style="margin-left:45%; font-size: 10pt">By: <U><B>/</B>s/ John Turitzin&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
Name: John Turitzin<BR>
Title: Executive Vice President,<BR>
Office of the Chief Executive<BR>


<P align="left" style="font-size: 10pt">Date: February&nbsp;18, 2009


<P align="center" style="font-size: 10pt">EXHIBIT INDEX


<DIV align="center">
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    <TD width="14%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="81%">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Exhibit No.</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000">Description</TD>
</TR>

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<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><BR>99
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>Press Release, dated February&nbsp;17, 2009</TD>
</TR>
<!-- End Table Body -->
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<P align="center" style="font-size: 10pt; display: none">3




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</HTML>
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{"company-data": {"conformed-name": "Marvel Entertainment, Inc.", "cik": "0000933730", "assigned-sic": "6794", "irs-number": "133711775", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-13638", "film-number": "09618984"}, "business-address": {"street1": "417 5TH AVENUE", "city": "NEW YORK", "state": "NY", "zip": "10016", "phone": "2125768530"}, "mail-address": {"street1": "417 5TH AVENUE", "city": "NEW YORK", "state": "NY", "zip": "10016"}, "former-company": [{"former-conformed-name": "MARVEL ENTERPRISES INC", "date-changed": "19981005"}, {"former-conformed-name": "TOY BIZ INC", "date-changed": "19941213"}]}
Filed by Bowne Pure Compliance
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 17, 2009
MARVEL ENTERTAINMENT, INC.
(Exact name of registrant as specified in its charter)
Delaware
001-13638
13-3711775
(State or other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
417 Fifth Avenue, New York, New York
10016
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number, including area code:
(212) 576-4000
(Former name or former address if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01 Entry into a Material Definitive Agreement.
On February 17, 2009, Marvel Characters B.V. ("Marvel Characters"), a subsidiary of Marvel Entertainment, Inc.,
and, solely with respect to characters based on movies and television shows featuring Spider-Man and produced by Sony
Pictures Entertainment Inc., Spider-Man Merchandising L.P. (the "LP" and, together with Marvel Characters, the
"Licensor") entered into a license agreement and associated arrangements (collectively, the "Extension License
Agreement") with Hasbro, Inc. ("Hasbro").
Pursuant to the Extension License Agreement, Hasbro's existing license from the Licensor, which was expected to
expire on December 31, 2011 (subject to a limited extension for certain events), has been extended through December 31,
2017. The period from the end of the current license agreement between the Licensor and Hasbro, to December 31, 2017,
is referred to hereafter as the "Extended License Term". If the Licensor and its studio licensees do not release a
minimum of eight qualifying theatrical releases during the Extended License Term, at least four of which are based on
the Spider-Man or Iron Man properties, then the Extended License Term will run through December 31, 2018.
The intellectual property covered by the Extension License Agreement is comprised of all Marvel Classic
Characters, and to the extent that the Licensor owns or controls the associated rights, all Marvel Movie Characters and
Marvel Animated and Live-Action Television Characters, as such properties are defined in the Extension License
Agreement (collectively the "Licensed Properties").
Under the Extension License Agreement, Hasbro has an exclusive license to utilize the Licensed Properties during
the Extended License Term for purposes of manufacturing, promoting, selling and distributing products in a number of
licensed categories, including: action figures, flying action figures, feature plush, puzzles and board games,
non-costume/non-dress up action and role-play weapons and accessories, NERF branded sporting goods and blasters, water
guns and water cannons, PLAYSKOOL branded pre-school toys, TITANIUM die-cast figures and vehicles and ATTACKTIX figures
for Hasbro's ATTACKTIX tactics game, all as such categories are defined in the Extension License Agreement. Hasbro's
license from the Licensor is worldwide, with the exclusion of Japan.
Marvel Characters has agreed to provide Hasbro with creative services with respect to the concept for, and
marketing of, the licensed products. The Licensor has review and approval rights over licensed merchandise and
associated marketing efforts. The Extension License Agreement further provides for minimum marketing and product
offering commitments.
The Extension License Agreement calls for payments by Hasbro to the Licensor based upon specified percentages of
Hasbro's net sales of different categories of licensed product. The Extension License Agreement provides for $100
million in guaranteed royalties. Of this amount, $50 million is due within five business days of signing the Extension
License Agreement, and the remaining $50 million is due 12 months after the release of the final movie subject to the
parties' current license agreement, but in no event later than December 31, 2013. The guaranteed royalties under the
Extension License Agreement can be increased by up to an additional $140 million in the aggregate based upon the
release of specified numbers of qualifying theatrical releases during the Extended License Term.
On February 17, 2009, the Licensor and Hasbro issued a press release announcing the Extension License Agreement.
A copy of this press release is furnished as Exhibit 99 to this Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d)
Exhibits
Exhibit No.
Description
99
Press Release, dated February 17, 2009
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly authorized.
MARVEL ENTERTAINMENT, INC.
By:
/
s/ John Turitzin
Name: John Turitzin
Title: Executive Vice President,
Office of the Chief Executive
Date: February 18, 2009
EXHIBIT INDEX
Exhibit No.
Description
99
Press Release, dated February 17, 2009