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Fantasy is a genre that uses magic and other supernatural forms as a primary element of plot, theme, and/or setting. Many works within the genre take place on fictional planes or planets where magic is common. Fantasy is generally distinguished from science fiction and horror by the expectation that it steers clear of scientific and macabre themes, respectively, though there is a great deal of overlap between the three (which are subgenres of speculative fiction).

In popular culture, the genre of fantasy is dominated by its medievalist form, especially since the worldwide success of The Lord of the Rings by J. R. R. Tolkien. In its broadest sense however, fantasy comprises works by many writers, artists, filmmakers, and musicians, from ancient myths and legends to many recent works embraced by a wide audience today.

Fantasy is a vibrant area of academic study in a number of disciplines (English, cultural studies, comparative literature, history, medieval studies). Work in this area ranges widely, from the structuralist theory of Tzvetan Todorov, which emphasizes the fantastic as a liminal space, to work on the connections (political, historical, literary) between medievalism and popular culture.

The identifying traits of fantasy are the inclusion of fantastic elements in a self-coherent (internally consistent) setting, where inspiration from mythology and folklore remains a consistent theme. Within such a structure, any location of the fantastical element is possible: it may be hidden in, or leak into the apparently real world setting, it may draw the characters into a world with such elements, or it may occur entirely in a fantasy world setting, where such elements are part of the world. American fantasy, starting with the stories chosen by John W. Campbell, Jr. for the magazine Unknown, is often characterized by internal logic. That is, the events in the story are impossible, but follow "laws" of magic, and have a setting that is internally consistent.

Dobrynya Nikitich rescues Zabava Putyatishna from the dragon Gorynych.

Selected fantasy work

Cover of July 1953 issue of Beyond Fantasy Fiction
Beyond Fantasy Fiction was a US fantasy fiction magazine edited by H. L. Gold, with only ten issues published from 1953 to 1955. The last two issues carried the cover title of Beyond Fiction, but the publication's name for copyright purposes remained as before.

Although not a commercial success, it included several significant short stories by distinguished authors, such as Isaac Asimov, Ray Bradbury and Philip K. Dick. The publication has been described by critics as a successor to the tradition of Unknown, a fantasy magazine that ceased publication in 1943. It was noted for printing fantasy with a rational basis such as werewolf stories that included scientific explanations. A selection of stories from Beyond was published in paperback form in 1963, also under the title Beyond.

James Gunn, a historian of science fiction, regarded the magazine as the best of the fantasy magazines launched in the early 1950s, and science fiction encyclopedist Donald H. Tuck contended it printed very good material. Not every critic viewed Beyond as completely successful, however; P. Schuyler Miller, in a 1963 review, commented that the stories were most successful when they did not try to emulate Unknown.

Fantasy topics

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