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29-04-2005 23:00
LEE WINS SPIDER-MAN BATTLE
Comic book creator STAN LEE is set to receive a multi-million dollar payout from MARVEL COMICS after winning a court battle for profits from the SPIDER-MAN movies.
Lee, who invented the web-weaving superhero, had demanded a 10 per cent share of Marvel's profits from the two blockbusters, in a suit filed in New York's District Court in 2002.
The 2002 film, starring TOBEY MAGUIRE, and the 2004 sequel made $1.6 billion in the worldwide box office.
The court originally ruled in Lee's favour in January (05), but Marvel appealed, and in an agreement, made public on Thursday (28APR05), the judge upheld the decision.
Lee's lawyer HOWARD GRAFF says, "We are very, very happy with the resolution."
Despite his court battle, Lee says is "deeply fond of Marvel and the people there"
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