Stan Lee Media Sues Disney Over Ownership To Marvel Characters

Even though “The Man” is no longer an officer at Stan Lee Media, that hasn’t stopped them from fling a multi-billion dollar lawsuit against Marvel and Disney over character rights. The company states:

The true facts are that Stan Lee Media Inc. owns the copyrights to Stan Lee’s creations. Accordingly, Stan Lee Media Inc. is entitled to the billions of dollars of profits that have been kept by Defendant Disney.

The lawsuit states: “Defendant The Walt Disney Company has represented to the public that it, in fact, owns the copyright to these characters as well as to hundreds of other characters created by Stan Lee. Those representations made to the public by The Walt Disney Company are false.” Stan Media Inc. believes that Lee signed over the rights to characters he created in October of 1998 in exchange for stock in the company. This means that the November, 1998 agreement he signed with Marvel to assign the publisher control of the characters was worthless. “Lee no longer owned those rights since they had been assigned to SMI previously.”

“Accordingly, the Marvel agreement actually assigned nothing.” Disney’s gaggle of legal eagles will obviously trample this claim by Stan Lee Media. Undoubtedly, this trial will only serve as an interesting footnote in Marvel’s history.

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