Here is some interesting news from THR, Esq about the court case between Marvel/Disney and Jack Kirby.
After spending $4 billion to acquire Marvel Entertainment last year, the Walt Disney Co. is now weighing in on a case that threatens some of the company’s most lucrative intellectual property.
On Monday, Disney filed a memo in support of Marvel’s attempts to dismiss copyright claims by the Jack Kirby estate. Family members of the comic book icon are attempting to terminate a copyright grant to Marvel on such valuable works as Iron Man, X-Men, the Incredible Hulk and Spider-Man.
How much money is at stake in this case? Disney doesn’t say, asking a New York District Court to hold off on ordering an accounting of profits on these franchises because Kirby’s underlying copyright ownership claim hasn’t been validated yet.
The court papers also take up such issues as whether Kirby’s original artwork should be turned over, whether Kirby should have been credited in connection with “The Incredible Hulk” and “X-Men” films. Disney also believes the Kirby estate claims are barred by statute of limitations.
Click here to keep reading along with the official court order.
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