So remember that suit that Stan Lee Media filed against Disney saying that SLMI owns all the rights to the Marvel Characters? Well Disney is now saying that the suit filed is “flawed beyond cure”. Here is a direct quote from Disney motion:
“There is no conceivable basis on which Plaintiff can state a viable copyright claim against TWDC in this Court, or for that matter, any other. In sum, against the backdrop of Plaintiff’s six prior unsuccessful litigations on this topic, express judicial displeasure with Plaintiff clogging the courts with a repeated invocation of rights it does not possess, and the fact that TWDC conducts no business activities other than those of a holding company, this lawsuit is completely frivolous and should be dismissed.”
SLMI wants the profits from the $5.5 billion it says that Disney made from Marvel superhero movies and merchandise based on characters created by Lee, who no longer has anything to do with the company. Crazy I say. Nonetheless, at least we know that our favorite movie franchise will stay in good hands for now.
Stay tooned 😛