Publication history of Superman have gone down to his local newsstand and asked a kid, "Why are you reading this one?" pointing to "Action Comics". "Because it's the one that has Superman in it, mister." The revised Superman first appeared in "Action Comics" #1, June 1938. Siegel and Shuster sold the rights to the company for $130 and a contract to supply the publisher with material. The "Saturday Evening Post" reported in 1960 that the pair was being paid $75,000 each per year, still a fraction of DC's Superman profits. In 1964, when Siegel and Shuster sued for more money, DC fired them, prompting
Superman script Siegel had submitted several years before. Siegel was furious because DC Comics did this without having bought the character. After Siegel's discharge from the Army, he and Shuster sued DC Comics in 1947 for the rights to Superman and Superboy. The judge ruled that Superman belonged to DC Comics, but that Superboy was a separate entity that belonged to Siegel. Siegel and Shuster settled out-of-court with DC Comics, which paid the pair $94,013.16 (AFI $) in exchange for the full rights to both Superman and Superboy. DC Comics then fired Siegel and Shuster. DC Comics rehired Jerry Siegel as