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Stan Lee Sues Marvel Comics

night_flyer writes "In a story that demonstrates the way the entertainment industry manipulates its artists, Marvel is claiming that the 400 Million dollar blockbuster movie Spiderman produced no profits, and they are trying to weasel out of their contract that gives Stan Lee 10% of the profits from his creations. Nuff Said!"

13 of 415 comments (clear)

  1. Aint that just a load by ONOIML8 · · Score: 5, Insightful

    That's a load of crap. You pay a man an honest wage for an honest days work.

    Seems like these things have been going on in the comic book industry from the beginning tho.

    --
    . Quit playing Monopoly with Bill. Switch to one of many non-Microsoft products today.
  2. No Profits by Mr_Dyqik · · Score: 5, Insightful

    Surely the studio should cut its losses, and not make the proposed sequel then.

    Shareholders should be complaining to the board as you read this.

    1. Re:No Profits by GoRK · · Score: 5, Insightful

      Well, you may be right about quarterly reports from big companies and whatnot, but you're wrong about gasoline.

      Generally, the establishment is lucky to make 5% net on the sale of gasoline, and that's before counting expenses for operating the pumps. Did you know that you play a flat tax of a *minimum* of 0.37 on each gallon no matter what the price is? It doesn't get any cheaper as prices go down, even though it should based on what the taxes are designed to pay for! Aside from that, it's illegal to inflate gasoline prices. I do not agree with the current taxation of gasoline, but I do agree with the price. Here's why:

      Relative to the value of a dollar, gasoline is cheaper in the USA now than it has been anywhere in the world, *ever*. Granted, a couple years ago we got to see 76 cent gasoline in some places, but that was abnormilly low. Where is any company in the line from the investors on the drilling rig to the store selling you the gasoline supposed to take a $35 barrel of 50 gallons of oil and turn it into something they can make money with selling it for 38 cents/gallon (not including tax). Gasoline is already being practically given away as it is. People should stop complaining so much about it and rethink their decision to buy a new $45,000 car that gets less than half the gas mileage of the land yachts of the 70's.

  3. Remove copyrights on fictional works? by Jeppe+Salvesen · · Score: 5, Insightful

    Maybe we should remove all copyrights on fictional written works for a while? The industry is creating a false sense for would-be-artists that they can make a good living doing what they excel at, but most of them don't get anywhere due to mismanagment and greed. So - copyrights have largely ceased to benefit those who create the works of art.

    Why then should we feed the corporations with gullible, naive people out to change the world?

    I also get increasinly mad at people who continuously get money because their granddad was a good writer. That somehow is very wrong - as in, all people should have equal opportunity and equal responsibility.

    Copyrights on factual works is a bit of a different story. We have not understood the world sufficiently well to do something that drastical to the science community. However, patent reform is direly needed if our industry is going to start growing again - with real growth, not just growth based upon more effective court-room tactics.

    --

    Stop the brainwash

  4. Re:Alec Guiness?? by mccalli · · Score: 5, Insightful
    Didn't Sir alec guiness (may he rest in peace) request some percentage of the star wars profits, and recieve them?

    Remember young Jedi..."percentage of the gross".

    That's how Sir Alec Guiness, a man well used to the ins and outs of the film industry, managed to get his money. I believe Peter Cushing got the same deal, although I may be wrong in that. Percentage of the gross, not percentage of the profits.

    Cheers,
    Ian

  5. Re:Why should Stan Lee get anything? by rovingeyes · · Score: 5, Insightful
    but it takes real work to create all those special effects...

    The irony is that even those are done by artists.

  6. Um, No. by FreeUser · · Score: 5, Insightful

    You pay a man an honest wage for an honest days work.

    But... but, that's not the American way! The American way is all about pleasing the shareholders.


    Um, no. That is the corporate way. The American way is an honest wage for an honest day's work. The fact that America let large corporations hijack its government and undermine its constitution during the anti-communist ferver of the cold war may mean America kneels beneath their jackbooted heels, but it does not mean that corporatism is the ideal to which the country aspires.

    Quite the opposite, in fact, and a backlash to this sort of crap is brewing.

    --
    The Future of Human Evolution: Autonomy
  7. Business 101 by saider · · Score: 5, Insightful

    That's why you NEVER agree to take a cut of the profits. You take a cut of the gross revenue. That way there can be no accounting games.

    --


    Remember, You are unique...just like everyone else.
  8. Another reason to go P2P by MoThugz · · Score: 5, Insightful

    Spiderman is one of the many movies that I actually went to a cinema to watch... why? because I respect Stan Lee, and I would rather let him have part of my ticket proceeds rather than pirate the movie off Kazaa or something.

    But when shit like this happens, I wonder whether it was worth it. It's amazing how 400mil is not enough to be considered profitable. Last I checked the movie didn't cost a billion bucks to make (I don't think it even costs 500mil).

    Thanks Sony... I'll repay you with my unlimited bandwidth.

  9. Remember Forrest Gump? by Mark+Garrett · · Score: 5, Insightful
    Forrest Gump also never made any money, at least as far as the contract with the writer of the original story was concerned. The problem is that overhead can be allocated however a company wants to.

    Say you have a fleet of limos sitting around to drive executives/actors around. Ah, let's put that all on Spiderman... don't want to lose corporate profit by giving out higher royalties than you absolutely need to. Etc...

    The incredibly stupid thing here is that Stan Lee has control over a rather large field of 'intellectual property' that said movie studios may want to draw on in the future, not to mention the sequel(s) of current films.

    Imagine... Stan Lee's contract terms for Spiderman III: "5% of gross ticket sales and, oh yeah, %5 of gross ticket sales of Spiderman 1&2 you f%&#$!!!"

  10. Re:I'll bite by firewort · · Score: 5, Insightful
    You propose taxing corporations and individuals in the same or similar manner.

    That sounds great on the surface, except that it doesn't work that way in real life, because corporations don't pay taxes, as such- they pass them on to others. Who really pays taxes when they're levied on a corporation?

    1. employees, in the form of lower wages.
    2. customers, in the form of higher prices.
    3. shareholders, in the form of lower investment value.

    Now, I know you may not care about the last one, but when you tax a corporation, you're really punishing the very people you rely on to spur the economy.

    --

  11. Re:I'll bite by Metrol · · Score: 5, Insightful

    I would start to tax coorporations and individuals in similar manors

    A tax, any tax, removes currency from the economy and places it in the government, where some of it may come back into general use again. The state of the economy is not how rich the government is, but how rich the populace is.

    so that the little guy, the driving force behind the economy, has more money to spend to keep the economy going.

    The "little guy" does very little one way or the other in the economy, or in taxation now. Folks who would fit into this category aren't likely to invest cash into new businesses or technology. They definitely aren't going to actually hire someone.

    Right now coorporate tax law dictates that coorporations do not pay income tax, they pay a profit tax, in other words, no increase in net worth, no taxes.

    Are you under the impression that corporations don't pay taxes by the truckload?

    Even a small coorporate income tax would provide enough government revenue to reduce the tax burden on the american consumer, and stimulate the economy.

    Lost you on this point... You want to raise taxes on the folks that produce the goods that the consumer's are going to buy from? Umm, who do you think actually pays for that? The money that companies pay in taxes really does come from somewhere. You and me.

    This would also make it much more difficult for companies to dodge their financial obligations to the government (see what Marvel is doing to Stan).

    A tax increase would have given Stan a better contract? You really lost me on that point. Care to work the logic that brought you to that conclusion please?

    --
    The line must be drawn here. This far. No further.
  12. Re:I'll bite by FatRatBastard · · Score: 5, Insightful

    Even simpler (well, not really simple considering you'd be fighting vested interests) would be trim the damn budget by the 30-50% the GAO estimates is wasted / lost / stolen by the gov't every year. Gov't bookkeeping makes Enron's look honest. The solution wasn't giving Enron more money, and the solution isn't to give the gov't more money either. Let them learn to live on what they've got.