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Article: Disney's Copyright Wars - Analyst Blog
- Article from:
- Zacks Investment Research - Analyst Blog
- Article date:
- October 2, 2009
- Author:
CopyrightCopyright 2009 Zacks Investment Research. (Hide copyright information)
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Disney's Copyright Wars - Analyst Blog
Walt Disney Company
(
DIS
) has recently won a copyright infringement case running since 1991, relating to the famous animated character ‘Winnie the Pooh.’
In 1930, Stephen Slesinger, a New York television and film producer, acquired the merchandising rights to the Pooh works from author A.A. Milne. Later in 1961, Slesinger transferred the rights to Disney in exchange for a regular royalty. However, the heirs of Slesinger filed a case against Disney, alleging its failure to pay billions in royalties.
The case has been dismissed by the court on the grounds that Stephen Slesinger Inc. had transferred all of its ...