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When was Stan Lee Media created?

Updated: 8/21/2019
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9y ago

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Stan Lee Media was created in 1998-10.

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Stan Lee has made $1mm a year since 1994 when Marvel owner Ron Perelman raised Stan's salary for a lifetime contract with Marvel when it went public. When Marvel was in Chapter 11 Bankruptcy protection in 1997-1999, Stan Lee started his own dot com, Stan Lee Media, which gave him stock worth $90 million in Feb 2000. When the dot com crash sank his company in 2001, Marvel suddenly had the hottest movie franchises in the world with Spider Man, X-Men, Hulk and Ironman- all created by Stan Lee. In 2002, when Marvel had made half a billion dollars on Spider Man and X-Men, Stan sued Marvel for a per centage of the profits- and even though he had assigned all his rights to Stan Lee Media in 1998, because he controlled it in bankruptcy, he was able to get a sealed settlement from Marvel of more than $10mm in 2005 thereby hiding the true ownership of Stan Lee Media in Stan's rights to his Marvel characters. Stan's net worth with his house in Beverly Hills, his settlement with Marvel, his stock options and monies paid by his new public company POW Entertainment, Stan's approximate next worth is around $20million. A Court ruling in Los Angeles Federal court in January, 2009 has found that Stan Lee transferred assets from Stan Lee Media while it was in Bankruptcy to his new public company, POW Entertainment without knowledge or approval of the Bankruptcy court...When that works its way out in court, Stan could be sharing much of his net worth withe the shareholders he left behind in Stan Lee Media.


Did Stan lee created Superman?

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Technically, no. Stan Lee was never an owner of Marvel and was only president for a short time, wanting to focus more on creating and publishing. Marvel was acquired by Disney for $4 million in 2009.


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When Did Stan Lee Die?

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