Stan Lee, Does he Deserve Marvel's Wrath?
Stan Lee, in my mind, has to be one of the all time most
recognizable individuals in the "Comic Book Industry". Most
lovers of comic books have known his name all their collecting
lives. For those of you who don't know Stan Lee, I am sure you
have heard of his creations. The X-Men, the Fantastic Four, the
Incredible Hulk, Daredevil, and the very well known Spider-Man
are all from the mind of Stan Lee. For the last forty years or
more and as an employee of Marvel Comics, he has entertained us
through the art of comic book imagination.
Well, by now you would think that an individual of this caliber
would be taken seriously and treated with respect from his
employers. Apparently not! In 2002 Stan Lee decided he had to
file a lawsuit against the comic giant, Marvel. It appears the
agreement between Lee and Marvel was that 10% of the income
generated from TV and movies using Stan Lee characters, was to
be his. Seems Marvel didn't see it that way. Typical of
conglomerates, isn't it? The boys in the suits seem to want to
make all the rules. Stan Lee, at one time, had even been a suit
himself. Among other positions held at Marvel, Lee had even been
president of the company for a while.
Years ago when Stan Lee had created most of his characters, he
had done it through a write-for-hire agreement, so he doesn't
own the characters. Stan was then, just a "meat and potatoes"
kind of guy, trying to put meat and potatoes on the table. But
over the years, he was very instrumental in putting Marvel
Comics on the map.
When the 10% deal was formally put together, apparently most
individuals involved didn't realize the windfall that comic book
character movies would become. Now is that any reason to hold
back Stan's piece of the pie? I think not. Just corporate
bigwigs trying to increase their lot in life. Now this is just
my opinion so don't rant back at me as being unfair.
As luck would have it, a federal judge agreed and ruled in favor
of Stan Lee. How much monetary compensation does this mean? Well
to put it in perspective, the two Spider- Man movies thus far,
have reaped on the order of 800 million dollars apiece, in world
wide ticket sales. This settlement could mean tens of millions
of dollars for Lee, but the battle is not over. Marvel, will
quite probably appeal the verdict and the case may be tied up in
the courts for years.
Now don't go feeling too badly for Stan Lee. He is still pulling
down a salary from Marvel on the order of a million dollars.
Still not to shabby in my mind. And Lee has mixed feels because
he has been loyal to Marvel for 60 years. To have his lifelong
employer trying to, shall we say, stiff him, for being so loyal,
I'm sure, does hurt. Had it not been for Stan Lee, Marvel may
not have been in the financial position they are today.
At 82, Stan Lee does have a comfortable and successful life. And
if even his settlement is held up in the courts for years, Stan
won the first round. He didn't bow down to the corporate hammer.
Just another "Joe working class hero" yelling out, hey guys,
let's play by the rules.