Superman heirs seek to end DC Comics pact

KWIKA partner Jeremiah Reynolds was quoted by Bloomberg News in Edvard Pettersson’s article about the attempt by the heirs of Superman creators Jerome Siegel and Joseph Shuster to take back the rights to the comic book superhero.

“Superman is probably the second most valuable character of Warner Bros. behind Batman,” said Jeremiah.  “Any litigation where a studio is fighting over one of its most valuable assets will be of great interest to the entertainment industry.”  The original agreement dates back to 1938 when Detective Comics, DC’s predecessor, published the first Superman story.

“It’s a recipe for litigation,” added Jeremiah.  “It’s hard to imagine the Siegels will be able to do anything without DC Comics.”