Marvel Comics is set to relocate its publishing division from New York City to Burbank, California, ending a nearly 90-year presence in the city where the comic book giant was founded. The Hollywood Reporter broke the news, stating that employees were informed during a town hall meeting at Marvel’s Midtown Manhattan office. The move will bring publishing operations closer to Marvel Studios and parent Walt Disney’s entertainment hub in Burbank.
The relocation affects just over 100 New York-based employees, who have been asked to move to California by July next year. The shift marks the end of an era for a company whose most iconic characters—Spider-Man, the Fantastic Four, and the Avengers—were born in New York and often set in the city.
Alongside the move, a leadership shakeup has taken place. Stephen Wacker, a longtime Marvel editor and producer, has been named editor-in-chief, replacing CB Cebulski, who had led the division since 2017. The changes reflect Marvel’s strategy to more closely align its comics division with its blockbuster film, television, and animation businesses.
Disney has not yet responded to requests for comment. The transition comes as Marvel bets on the year-end release of Avengers: Doomsday to revive momentum in its film franchise after recent releases underperformed at the box office.
Article and image source: cyprus-mail.com
