EXHIBIT 23.3

                         CONSENT OF INDEPENDENT AUDITORS


     We consent to the incorporation by reference in the Registration Statements
(Forms  S-8  No.  333-76655  and  No.  333-101422)   pertaining  to  the  Marvel
Enterprises,  Inc. 1998 Stock Incentive Plan of Marvel Enterprises,  Inc. of our
report  dated  February 21, 2003,  with  respect to the  consolidated  financial
statements  and  schedules of Marvel  Enterprises,  Inc.  included in the Annual
Report (Form 10-K) for the year ended December 31, 2003.

/s/ Ernst & Young LLP

New York, New York
March 18, 2003