Wow, I am dumbfounded about this. When I think of Spiderman, the name Stan Lee comes to mind. Everyone knows Stan Lee created Spiderman and so many other comic characters.
But because of the copyright for hire rules, Marvel owns Spiderman and can do anything they want to with the character and keep all money made from the character.
Here is a great article that explains it in detail. And to know Jerry Siegel got a rotten deal after creating Superman, makes you want them to break away and sue or at least try to get the copyright laws changed.
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