Stan Lee Media bought Conan Properties (as opposed to leasing the character), but the deal was dependent on SLM stock retaining a certain dollar value and I'm pretty sure that didn't happen.
SLM isn't why we probably won't see anymore Conan Essentials -- Marvel's license to the character was a "use or lose" deal. Marvel had to use the trademark X times in Y months in order to retain the rights, and they didn't. That's how they lost King Kull and Red Sonja, earlier.
Posted by Otto Chelman
"You have [my] contempt." -- Alan Light to disappointed TBG subscriber.