Stan Lee

X-Men Creator Stan Lee, Disney Team on 'Digital Motion Comic'

Authored by Mark Hefflinger on July 21, 2009 - 11:53am.
Burbank, Calif. - Marvel Comics legend Stan Lee's POW Entertainment said on Tuesday that it partnered with Walt Disney Studios Home Entertainment (NYSE: DIS) on an original "digital motion comic series." "Time Jumper," about "a young man who jumps through time and engages viewers in a multi-dimensional, multi-platform universe," will be available exclusively from Apple's iTunes Store from July 24. Each 5-8 minute digital episode will retail for 99 cents; other formats to be utilized over the next two years for the series include online, mobile, DVD and publishing.

Marvel, Stan Lee Sued by Former Shareholders Over Profits

Authored by Mark Hefflinger on January 28, 2009 - 5:43am.

New York - Comic book giant Marvel Entertainment and its iconic leader Stan Lee have been sued for $750 million by former shareholders in Stan Lee Media Inc. (SLMI), who allege that they were cheated out of a share of profits from Stan Lee's creations during the company's bankruptcy proceedings.

Liberty Media Closes First Phase of Acquisition of IDT, Stan Lee's POW

Authored by Mark Hefflinger on September 20, 2006 - 12:09pm.
Beverly Hills, Calif. - Liberty Media announced on Wednesday that it has completed the first stage of its acquisition of IDT's entertainment division, which includes a stake in Marvel Comics maven Stan Lee's POW Entertainment and six character franchises created and co-produced by POW. The $186 million deal includes other IDT assets including Film Roman and Anchor Bay Entertainment, all of which will now fall under Liberty's Starz Entertainment. Liberty Media owns stakes in a variety of cable TV programming, cable and satellite TV provider and other media firms.

Marvel, Stan Lee Settle Litigation; Marvel to Produce Own Films for Paramount

Authored by Mark Hefflinger on April 28, 2005 - 6:27am.
New York -- Comic book publisher Marvel Enterprises announced on Thursday that it has settled all outstanding litigation with legendary comic book author Stan Lee, the creator of "Spider-Man," "The X-Men" and "The Incredible Hulk." Lee sued Marvel in November 2002, claiming Marvel had failed to pay him a share of its profits from "Spider-Man" movies and other film and TV properties that utilized his creations. The settlement covers both past and any potential future payments to Mr. Lee; Marvel's first quarter results cite a one-time $10 million charge attributed to the successful resolution of the litigation. "Stan is one of the founders of today's comic book industry. We are pleased with the settlement and are happy to have resolved all of our disputes with him," said Marvel general counsel John Turitzin. Following the settlement, Marvel announced that it has entered into an agreement with Paramount Pictures, to produce its own slate of films featuring its stable of comic book characters. The company added that it has secured a $525 million, seven-year credit facility with Merrill Lynch to finance production of the films. Marvel will deliver up to ten films to Paramount over the next eight years, beginning with "Captain America" and "Nick Fury."