Out-Stan-Ding Decision

In a landmark court case, Stan Lee has been granted 10% of the profits from the 'Spider-Man' movies and spin-offs.

Jan 20 2005

Stan Lee should be as pleased as a very large vat of punch at the moment, as the legendary comic-book creator has been granted a huge chunk of change from all 'Spider-Man' film and television spin-offs since 1998.

US District Court Judge Robert W. Sweet ruled that Lee is entitled to 10% of the profits from the character, and the fact that 'Spider-Man' and 'Spider-Man 2' had a combined gross of more than $1.5 billion worldwide means that Lee will undoubtedly be laughing all the way to the bank.

Indeed Lee's lawyer claims that there could be tens of millions of dollars winging his client's way thanks to the web-slinger's success.

The 82-year-old joined Marvel (then called Timely Comics) more than 60 years ago, and went on to create some of the most popular superheroes of all time, including The Incredible Hulk, Daredevil, The Silver Surfer, The Fantastic Four and X-Men.

His long history with the company prompted Lee to release the following statement: 'I am gratified by the judge's decision, although, since I am deeply fond of Marvel and the people there, I sincerely regret that the situation has come to this.'

Marvel have said they will appeal against yesterday's decision, while the judge suggested that a further dispute concerning 'Spider-Man' and 'Hulk' merchandise should go to trial and be decided by a jury.

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