lerath666
Super Freak
Not sure that's how it works. Marvel was so desperate back then, I think they get to keep the option so long as they keep making films for it.
While I don't know the specifics, I DO know there is SOME lisensor fee involved which is set by Marvel. I know that it's appearently set by marvel, and can be adjusted.
what I DON'T know is how often this particular bill comes due. NOR what type of control they have over how much it can be adjusted, only that it can be.
for fox/sony/whoever to KEEP the movie liscnese, they need to meet the following things.
what I DON'T know is how often this particular bill comes due. NOR what type of control they have over how much it can be adjusted, only that it can be.
A minimum of ONE Film associated with the liscense must either be In production, OR released EVERY YEAR. A minimum of ONE Film associated with each liscnese MUST BE RELEASED once every X years as well. Additionaly, the studio Must Periodicly renew the Liscensing agreement/contract by paying the Liscensor fee Every X years.
MArvel CANNOT Refuse the renewal, so long as all the above terms are met. the ONLY degree of controll that marvel has is the ability to adjust the liscensing fee.
If fox/sony/whoever FAILS to meet the above requirements, then the Film rights will automaticly revert to marvel.