DC Loses Half the Rights To Action Comics #1
by Dru, filed in Uncategorized on Mar.30, 2008
Everyone knows Superman was originally created by two men – Jerry Siegel & Joe Shuster – whose creation first appeared in Action Comics #1. As of last week, a judge ruled that the heirs of Jerry Siegel were to receive half the copyright of that material back. What does this mean exactly? Well, if I had to distill the story down into only two wildly oversimplified bulletpoints, then know this – DC may have just lost half the profits they make (and have made since 1999) off of Superman, and they may lose the remaining half of the copyright entirely to the Shuster estate in 5 years.
Now, things aren’t really as cut and dry as that – as in any legal case, there’s a lot of room for interpretation. And expect DC/Warner to make more than a couple appeal attempts as well.
But for now…
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