Marvel Productions Ltd., later known as New World Animation, was an American production company owned by the Fox Entertainment Group subsidiary of News Corporation which was founded in 1981 as the television and film studio subsidiary of the Marvel Entertainment Group, based in Hollywood, Los Angeles, California.

Most of Marvel Productions/New World Animation's non-Hasbro-related back catalog is currently owned by The Walt Disney Company.

[2][3] Freleng's business partner and DFE co-founder David H. DePatie continued to work for the company under the Marvel banner for several years until his retirement.

[6] With New World having cash flow problems, MEG was sold in January 1989 to Andrews Group, a MacAndrews and Forbes subsidiary, owned by Ronald Perelman.

[20] Fox Family Worldwide and its assets, including the Marvel Productions library and Saban Entertainment, were purchased by The Walt Disney Company for $5.2 billion in July 2001.

Except for Fraggle Rock, the rights to series based on Jim Henson properties are now held by The Muppets Studio, a subsidiary of the Walt Disney Company.