Netflix releases the official trailer for Marvel’s Iron Fist, which premieres March 17, 2017.
In a 6-3 decision, justices decline to overrule a 50-year-old decision on patent royalties. Stephen Kimble invented a web-shooting toy and obtained a patent on the device in 1991. He sued Marvel Enterprises in 1997, alleging the company used his ideas to create a toy named the Web Blaster without paying him. The two sides settled in 2001, agreeing on terms that included Marvel paying a running 3% royalty rate on sales of the toy. When the patent expired, Marvel asserted that its obligations to pay would end. Lower courts agreed, as did the Supreme Court, saying in a 6-3 decision that Kimble hadn’t presented the court with a compelling “special justification” for abandoning the principle of stare decisis, or sticking with past precedent. Kagan:
What we can decide, we can undecide. But stare decisis teaches that we should exercise that authority sparingly.
Marvel announces that Punk will write the story for Thor Annual project. Punk comments on the deal:
I think I just pestered all the right people and the right things kind of popped up. How exactly it came up, I can’t really, exactly remember. I can’t remember who said, ‘Hey. Wanna do Thor?’ You know what I mean? That pretty much blew my mind. I have to say, it’s been a long process.
Marvel releases the trailer for Avengers: Age of Ultron, the much anticipated sequel to The Avengers, early due to the influx of faux fan trailers. Although released a week early, Marvel took to twitter jokingly blaming the early release on a comic nemesis, Hydra.
Regal Cinemas theater in New Jersey accidentally airs Rise of the Guardians instead of Guardians of the Galaxy. A theater in Virginia has the same issue.
Marvel announces Reed as the new director of the film scheduled for release July 17, 2015. Previous director candidate McKay is rewriting the script. Marvel also releases the film’s extended logline:
Armed with the astonishing ability to shrink in scale but increase in strength, con-man Scott Lang (Rudd) must embrace his inner-hero and help his mentor, Dr. Hank Pym (Douglas), protect the secret behind his spectacular Ant-Man suit from a new generation of towering threats. Against seemingly insurmountable obstacles, Pym and Lang must plan and pull off a heist that will save the world.