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-   -   Stan Lee to sue Marvel (http://forums.netphoria.org/showthread.php?t=5428)

strange_one 11-08-2002 01:16 AM
Stan Lee to sue Marvel
 
from newsarama.com:

Marvel Comics might find itself on the opposite side of a courtroom with its own “father” - publisher Stan Lee - if the company doesn’t pay him 10% of company profits earned from movies and television shows - including ancillary rights - that use the company's characters.
According to the Form 10-Q filed Wednesday with the Securities and Exchange Commission, Marvel Enterprises reports it has received a written claim from Lee "asserting the threat of litigation" against them if it doesn't pay him the 10% of profits, citing a provision in an employment agreement he signed with Marvel Enterprises on Nov. 1, 1998.

Marvel has indicated Lee’s claim is without merit, that it pays him an annual salary of $1 million dollars and that it intends to “vigorously defend such action”.

Fattening Ass 11-08-2002 04:46 AM
Re: Stan Lee to sue Marvel
 
Quote:
Originally posted by strange_one
from newsarama.com:

Marvel Comics might find itself on the opposite side of a courtroom with its own “father” - publisher Stan Lee - if the company doesn’t pay him 10% of company profits earned from movies and television shows - including ancillary rights - that use the company's characters.
According to the Form 10-Q filed Wednesday with the Securities and Exchange Commission, Marvel Enterprises reports it has received a written claim from Lee "asserting the threat of litigation" against them if it doesn't pay him the 10% of profits, citing a provision in an employment agreement he signed with Marvel Enterprises on Nov. 1, 1998.

Marvel has indicated Lee’s claim is without merit, that it pays him an annual salary of $1 million dollars and that it intends to “vigorously defend such action”.
Marvel signed a contract. i hope Stan wins if he goes to court.

sarmatianus 11-08-2002 04:52 AM
Marvel: "Did we break it?...Or did we make it a better contract???" :)

11-08-2002 05:08 AM
Stan's contract probably says 10% when they were makin nothin a few years back, but after Spidey & X-Men hit, when you count up all those movie dollars, he's probably due to a heck of alot more than 1 mill.

greedy? probably. but a contract's a contract.

Best Looking Boy 11-08-2002 05:45 AM
I don't think he's being greedy, a million bucks is pretty skimpy for what they owe him over their recent success and all.

Smiley33 11-08-2002 01:43 PM
Quote:
Originally posted by Best Looking Boy
I don't think he's being greedy, a million bucks is pretty skimpy for what they owe him over their recent success and all.
The question is, DOES HE SHOOT WEBS FROM HIS HANDS?!?!?

Cretin Soup 11-08-2002 05:11 PM
Like the avatar Smiley33 ;)

Smiley33 11-08-2002 05:14 PM
NICE AVATAR D00D
 
Quote:
Originally posted by Cretin Soup
Like the avatar Smiley33 ;)
OMG IT'S SHARKIE!!!!!

Thanks :D When I played FF7, I named Cloud "Sharkie." Tifa was "1*** Dood." :D

THE CENSORED PART IS: ONE PLUS ONE.

MisterSquishyHalo 11-08-2002 05:54 PM
Stan Lee=Marvel.

wangcomputers 11-13-2002 02:12 PM
stanley should get back with hardy

patrick 11-13-2002 02:47 PM
Quote:
Originally posted by wangcomputers
stanley should get back with hardy
the lameness of this counteracts the lameness of my metamorphisis joke a while back

we're now officially even >:|

wangcomputers 11-13-2002 03:20 PM
.


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