Stan Lee Gets Spidey Cents
"Stan Lee has scored a first round victory in his lawsuit against Marvel Enterprises. The U.S. District Court for the Southern District of New York ruled Wednesday that Lee is entitled to 10% of the profits Marvel has received since November, 1998 from studios for the right to produce movies and TV shows, and from movie-based toys that it sells itself.
"The court ruling was less favorable to Lee on a couple of other counts. First, the court ruled that a jury would have to decide if Lee was entitled to a percentage of Marvel's profits from its joint venture with Sony for Spider-Man movie licensing. And second, the court ruled that Lee was not entitled to a share of moneys received by Marvel from third parties for movie-related licensing."
