Well, this really is water under the bridge. Not only has Stan Lee dropped his $1 billion lawsuit against POW! Entertainment, but it seems that the Marvel legend is now happy to stay in business with them.
Lee had originally accused the company of tricking him into exclusively signing away his name and likeness, which included taking over his social media accounts. But POW! has now revealed that it will continue to control his Twitter, Instagram, and Facebook accounts, albeit with Lee's participation.
Clearing things up in a statement, POW! explained, in part: "... recently access and management of the Twitter account was temporarily out of our (and Stan’s) control. That situation has now been rectified. Stan Lee’s social media accounts are once again being exclusively managed by POW! with Stan's participation," adding: "Unlike certain recent statements that were falsely presented in Stan’s voice, we want to assure you of our promise to be completely transparent and honest with you, the fans."
The statement also explained how someone had been using the direct message feature on Twitter to send notes posing as Lee to "many of the industry's top creators and talent."
To fix this going forward, POW! pledged that they will only write in Lee's voice when it is actually the man himself making a personal statement. You'll be able to recognize these messages by looking for the signoff "Stan" at the end. In addition to the personal stuff, there will be more general Stan-influenced content and general pop culture news.
According to The Hollywood Reporter, Lee called the whole lawsuit “confusing to everyone," adding that he was now "happy to be surrounded by those who want the best for me."
Lee had previously alleged that POW! CEO Shane Duffy and co-founder Gill Champion conspired in a "nefarious scheme" to take advantage of Lee’s macular degeneration — as well as his struggle to cope with the death of his wife — to trick him into signing off on an agreement that would exclusively hand over the rights to his name and likeness.
Although it seems to have been resolved, sadly, this is just one of many legal dramas that are currently facing the nonagenarian. Marvel Studios president Kevin Feige recently spoke to the Los Angeles Daily News about the multiple reports of financial exploitation and elder abuse Lee has been dealing with, explaining: "It's very complicated, and of course we’re always seeing what we can do about it. It's sad."