MARVEL TAPS MARDEN FOR NEW DIVISION

NEW YORK – Marvel Entertainment Group consolidated the management of its three main divisions – trading cards, stickers and online entertainment – in a division to be run by Marvel executive VP Scott Marden.

Called Marvel Enterprises, the new division is a “further step towards focusing and strengthening the Marvel organization,” Marvel CEO Scott Sassa said. Marvel filed for Chapter 11 bankruptcy protection late last month to help it restructure its finances.

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