1999 Comic Book News Archives

September 22, 1999: Superman Settlement?

Regarding recent revelations that Superman co-creator Jerry Siegel's heirs have taken back their rightful 50% ownership of the Man of Steel. The Comicon.com Splash website is reporting on a scenario that suggests that at least one person within the Time-Warner conglomerate has a suggestion on how they may settle with the Siegel family and take complete ownership of the character. Splash has put together what they think is going on behind the scenes based on tips from unnamed inside sources as follows:

"Between the time when the papers were filed by the Siegels and the news broke publicly, DC Publisher Paul Levitz has been trying to broker a deal with TIME WARNER to buy out the Siegels. Levitz is greatly trusted by the Siegels for his personal handling of their particular situation since the 1970's. Levitz had immediate problems selling the deal, which is said to be in the $150 million range, to his own board of directors. When he approached his bosses at TIME WARNER with it they were even less amused."

Splash also quotes T-W spokesperson, Barbara Brogliatti, who told the site last week that, "We have had a long and amicable relationship with the Siegels, and look forward to working with them in the future. We do have differences of opinion concerning interpretation of the copyright law and how it applies to any limited rights the family might have.




1999 Comic News

Listed below are all the News items archived for 1999. Archiving started in September 1999.


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