Stan Lee Media has filed a lawsuit against the House of Mouse, claiming that they own the rights to all of Lee’s popular comic book creations. The lawsuit is seeking $5.5 billion in damages.
Stan Lee Media Inc. believes that they own the rights to all Stan Lee creations. As such, they feel they should receive profit from Spider-Man, Iron Man, X-Men, and the bulk of the Avengers.
Lee has not been involved with the company for a while now, according to Deadline.
In fact, it is only through his supposedly selling the rights to all his characters back in the ’90s in exchange for shares in SLMI that this suit is even taking place.
SLMI filed for bankruptcy after the dot com bubble burst. Do they still retain the rights they once supposedly had?
Disney obviously doesn’t think so. Stan Lee signed over the rights to his characters to Marvel Enterprises and Marvel is owned lock stock by the House of Mouse. From where they stand, it’s game, set, and match.