Borys Kit / The Hollywood Reporter:
After calling the Big Apple home for almost 90 years, Marvel Comics is moving out of New York City. And heading to Hollywood.
The relocation was revealed to staff at a town hall Thursday at Marvel’s New York office in Midtown, where employees were informed that its publishing division will be pulling up stakes and transferring operations to Burbank, California, the current headquarters of Marvel Studios and corporate parent, The Walt Disney Company.
The development is accompanied by a changing of the guard at the top. Stephen Wacker, a respected veteran comics editor who also earned an Emmy nomination for his work in the company’s forays in animation, has been named Marvel’s new editor-in-chief, replacing outgoing chief C.B. Cebulski, who had steered the division since 2017. Cebulski will still remain part of the family, however, as he will be moving to Japan to spearhead the company’s push into manga, among others things, as editor, Asia originals.
Marvel is, intentionally or not, following in DC Comics’ footsteps, who relocated from NYC to Burbank back in 2015 (to also report more closely to their corporate overlords). I feel bad for the employees who now have to trade one expensive cost-of-living locale for another.
The shift in EiC is a positive one, as Cebulski’s run has been less-than-stellar, with Marvel losing both market share and word of mouth to DC and their Absolute line.
That said — “Akira Yoshida” moving to Japan to be the editor, Asia originals is goddamned hilarious.