January 22, 2004
It turns out that Disney is (so far) on the losing end of an intellectual property rights dispute over Winnie the Pooh. Apparently the rights they thought they bought from the Milne heirs in 1961 were actually assigned by Milne to another party in 1930. They potentially stand to lose hundreds of millions of dollars in unpaid royalties.
Of course, they might not have had a problem if Milnes work had been allowed to go into public domain, as it would have had not Disney and other organizations lobbied hard to prevent such things from happening…
Owl, what does “Hoist by your own petard” mean?
(via Boing Boing Blog)