Thursday, July 09, 2009

Siegel Heirs Lose Latest Superman Lawsuit

VARIETY: Warner Bros. wins 'Superman' case
Siegel heirs can only pursue DC Comics profits
By DAVE MCNARY - Posted: Wed., Jul. 8, 2009, 7:15pm PT


Warner Bros. and DC Comics have won a favorable ruling
in the suit filed by the heirs of "Superman" co-creator Jerome Siegel.

In a decision announced Wednesday, U.S. Judge District Court Judge Stephen G. Larson found that the license fees the studio paid to corporate sibling DC Comics didn't represent "sweetheart" deals as they weren't below fair market value. That means the heirs will be able seek profits only from DC Comics -- which earned $13.6 million from Warner Bros. for the 2006 release of "Superman Returns" -- rather than from Warner Bros. as well.

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Superman ©DC Comics.

Article excerpt ©REI.

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