Thursday, 20 January 2005

Stan Lee dreamed up Spiderman way, way, way back when. Until today, he's never really gotten his due. People don't realize that he's never really been compensated, other than as an employee, for the Spiderman franchise's income.

He sued, and a judge has ruled that Stan the Man should get 10% of Marvel Comics' earning from Spiderman sales since 1998.

Marvel, of course, says they'll appeal. Hmmm... Can anyone say DC?

"The ruling is a long time coming. Lee began with Marvel in 1939, and served as writer, editor, art director, head writer and publisher for the company before effectively retiring from active duty and becoming chairman emeritus. He filed the lawsuit in November 2002, pointing out a clause in his contract that entitled him to 10 percent of TV, movie and merchandising deals, an amount he thought was significantly higher than the $1 million-per-year salary he currently receives. Marvel tried to find a loophole in the wording...

"...Lee's lawyer says the victory is bittersweet.

"The foundation of [Marvel] was based on characters he created, and to have to ultimately sue to enforce an agreement under which they were supposed to give him his fair share was very disturbing," Graff told the Hollywood Reporter. "We're certainly hoping that Marvel, after they recover from the sting of this decision, will determine that it's time to own up to its obligations to Mr. Lee."

(from Yahoo News)



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Thursday, 20 January 2005 17:09:56 (Pacific Standard Time, UTC-08:00)
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Friday, 21 January 2005 16:35:55 (Pacific Standard Time, UTC-08:00)
1998? Wouldn't you think it'd go back a lot further than that? He IS Marvel!

Now thanks for being so eclectic.
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