Stripes
Premium Member
Correct. Just like Disney owns their depiction of Snow White but others are free to depict Snow White in a slightly different way. That company would then own the IP for their depiction.Universal owns their interpretation of the characters, with the park featuring new interpretations.
Similarly, if they wanted to, Disney could make a Dracula movie as long as the depiction of the character was different from Universal’s and Disney would own the IP of their version of Dracula, but they still wouldn’t own the Dracula character.