Exhibit 23.2
                         CONSENT OF INDEPENDENT AUDITORS

We consent to the reference to our firm under the caption "Experts" in
Post-effective Amendment No. 1 to the Registration Statement (Form S-3 No.
333-68019) and related Prospectus of Marvel Enterprises, Inc. (formerly Toy Biz,
Inc.) for the registration of 36,642,683 shares of its common stock and
15,620,234 shares of its 8% cumulative convertible exchangeable preferred stock,
and to the incorporation by reference therein of our report dated April 14,
1998, with respect to the consolidated financial statements and schedule of
Marvel Entertainment Group, Inc. included in its Annual Report (Form 10-K/A) for
the year ended December 31, 1997, filed with the Securities and Exchange
Commission.


                                             /s/ ERNST & YOUNG LLP

New York, New York
March 10, 1999