by Annie Barrett, Source: EW.com
Stan Lee Media, Inc., a company founded by comic book legend Stan Lee, wants a judge to rule that it is still the rightful owner of the character Conan the Barbarian. In a lawsuit filed Aug. 19 in federal court in L.A. and obtained by EW, SLMI is demanding 100 percent of the film’s proceeds. The company claims its bankruptcy in 2001 would have prevented anyone from taking the rights to the Conan character away. In the suit, Stan Lee Media, Inc. claims the company was betrayed by a former lawyer who made an illegal deal to transfer the rights to another company that would later green-light this summer’s Conan movie. The poorly reviewed remake earned $10 million on its opening weekend, barely beating the debut of the original Conan the Barbarian in 1982.