Stan Lee Media Inc., a company founded by the father of Spider-Man, Daredevil, the X-Men, and many other memorable Marvel characters, has filed suit against the new Conan film under the pretense that they still own the rights to the character. The company claims that its 2001 bankruptcy would have prevented anyone from taking the character. As Entertainment Weekly reports,according to the lawsuit, which was filed on August 19th, Stan Lee Media is demanding the full 100 percent of the film's proceeds. The company alleges that a former lawyer betrayed them and made an illegal deal in which the character rights were transferred to another company.
100 percent of the proceeds might sound drastic, but if Stan Lee Media is correct and Conan is their character, I would think that they are entitled to any money made using that character. However, considering that the film has been a fairly monumental bomb so far, it makes you wonder why they're even bothering going after it. It almost seems sad, like they're ransacking an already sinking ship.
This isn't the first time Stan Lee Media has found itself inside a courtroom. The company has been both plaintiff and defendant in numerous lawsuits since its creation. As a comic book fan, I feel obligated to clarify that Stan Lee, although he helped co-found the company, actually left Stan Lee Media a while back, and therefore has nothing to do with this current lawsuit.