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High court rules against Spider-Man toy inventor

2015-06-22 17:46:02| Toys - Topix.net

The inventor of a popular Spider-Man web-shooting toy can't keep reeling in royalties after his patent ran out, the Supreme Court ruled Monday The justices ruled 6-3 against Stephen Kimble in his long-running dispute with Marvel Entertainment over a Web Blaster toy that shoots foam string from a glove. Kimble sold his patent on the toy to Marvel in 2001 and has earned more than $6 million in royalties under terms of a settlement agreement.

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