Stan Lee Media

Stan Lee Media

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Stan Lee Media

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Description:
Stan Lee Media (SLM) was an Internet-based creation, production and marketing company that was founded in 1998, filed for Chapter 11 bankruptcy protection in 2000, and ultimately dismissed from bankruptcy in November, 2006. In its early years, the company created Stan Lee branded super hero franchises for applications in all media. Its 165-man animation production studio was based in Los Angeles, California from 1998-2001. It won the 2000 Web Award for the best Entertainment Portal on the World Wide Web, but the company failed in the same year and the corporate shell has been involved in numerous lawsuits in the years since. The company has been characterized as "a sleazy Internet start-up that could function as the poster child for the excesses of the turn-of –the-century era."

Evolution

The company was founded by Stan Lee (Spider-Man, X-Men, Iron Man The Hulk, and Fantastic Four co-creator) with his then-friend, Peter F. Paul in 1998 as Stan Lee Entertainment. Stan Lee Entertainment merged with Stan Lee Media, Inc. of Delaware in April 1999. In July 1999, SLM of Delaware acquired Boulder Capital Opportunities, Inc., a publicly traded company, and through its reverse merger Stan Lee Media became a publicly traded company under the symbol SLEE.

The company won the Best of Show Web Award in November, 2000, as the best Entertainment Portal on the internet, beating Warner Bros and Disney's...
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