Actually, the property and air rights currently belong to Disney as part of their purchasing of the Saban library (which also includes The Tick, Mighty Morphin Power Rangers, and the 90s Spider-Man series, among others). This is why you occasionally see X-Men and the other series I mentioned on the ABC Family channel and Toon Disney. Marvel, of course, owns the characters and that's where the trouble is. Not unlike the 60s Batman fiasco where Warner Brothers (which owns DC Comics), 20th Century Fox (which produced the series), and several financial backers (who partially own the series) are currently squabbling over who puts up the money for a home video release and who benefits should it be profitable.