Jill Goldsmith Genius Brands International and Stan Lee’s POW! Entertainment have inked a deal to create Stan Lee Universe, a joint venture that will assume worldwide rights across media to Lee’s post-Marvel IP.Genius will develop about seven properties a year out of 100 original creations including Tomorrow Men, Stringbean, Black Fury and Virus.The deal gives the new entity rights “in perpetuity, to the name, physical likeness, physical signature, live-action and animated motion picture, television, online, digital, publishing, comic books, merchandising and licensing to the IP, Genius said.
Financial terms weren’t announced. The agreement is subject to due diligence. Genius Brands will be the managing and controlling partner of the joint.
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