Missy Posted July 17, 2004 Report Share Posted July 17, 2004 Marvel Sues Disney Over Comic Royalties By GARY GENTILE, AP Business Writer LOS ANGELES - Marvel Enterprises Inc., creators of such comic book superheroes as "Spider-Man" and "The Incredible Hulk" is suing The Walt Disney Co. in a royalty dispute over animation programs aired on Disney's ABC Family channel. Marvel is asking for nearly $55 million in compensatory damages, interest and other fees it says it is owed for royalties generated by made-for-television episodes of "Spider-Man," "X-Men" and "The Incredible Hulk." The agreements at issue in the lawsuit, filed late Thursday in Los Angeles County Superior Court, were made before Disney acquired Fox Family Worldwide in 2001. The lawsuit claims Disney has not kept accurate records of royalties due under those inherited agreements. Disney spokesman John Spelich said the company had not yet seen the lawsuit and could not comment. Episodes of all three shows were made in the late 1990s and Disney inherited the right to air them and sell the shows on home video and into foreign markets, the lawsuit claims. Marvel claims it is owed millions of dollars in royalties, including from the licensing of music associated with the shows. It also claims Disney failed to aggressively market the shows, especially in light of the popularity the three titles have gained from the successful theatrical movies made by other studios. "Indeed, although Disney is the heir to these important rights, it has treated these profitable properties as second rate," the lawsuit states. The lawsuit, which claims $54.8 million in total damages, does acknowledge that Disney did pay some disputed royalties when asked. (source) Quote Link to comment Share on other sites More sharing options...
Fat DJ Posted July 17, 2004 Report Share Posted July 17, 2004 "Indeed, although Disney is the heir to these important rights, it has treated these profitable properties as second rate," the lawsuit states. This part is pure money grubbing bullshit. Quote Link to comment Share on other sites More sharing options...
Missy Posted July 17, 2004 Author Report Share Posted July 17, 2004 "Indeed, although Disney is the heir to these important rights, it has treated these profitable properties as second rate," the lawsuit states. This part is pure money grubbing bullshit. Normally I would agree, however we don't know the terms of the contract. It's quite possible that the original agreement specifically stated that Fox Family Worldwide (and later Disney) had to do their share to help market the related movies upon release. Quote Link to comment Share on other sites More sharing options...
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