August 20, 2019

Marvel's Kevin Feige Won't Be Making Spider-Man Movies With Sony

After a failure to reach a deal, Kevin Feige will no longer produce Spider-Man films for and with Sony.  

Marvel and Sony have been renegotiating the rights to the beloved character since before Far From Home crossed the billion-dollar mark at the box office.

Disney wants more... Sony wants things to stay the same. So Sony has essentially canceled the future involvement of Marvel from the Spider-Man universe. This is a fascinating situation to watch in today's landscape where IP, and specific characters and the spinoffs associated with it, becomes the major driving force behind so many decisions and so many projects. 

Think of it this way: there have been THREE Spider-Man 2's (essentially) in the last couple of decades. Once Into the Spiderverse gets a sequel there will be FOUR!!!

According to Deadline

“There is a lot of webbing here, but it all comes down to money, and it’s easy to understand why both sides refused to give ground. Disney asked that future Spider-Man films be a 50/50 co-financing arrangement between the studios, and there were discussions that this might extend to other films in the Spider-Man universe. Sony turned that offer down flat, and I don’t believe they even came back to the table to figure out a compromise. Led by Tom Rothman and Tony Vinciquerra, Sony just simply didn’t want to share its biggest franchise. Sony proposed keeping the arrangement going under the current terms where Marvel receives in the range of 5% of first dollar gross, sources said. Disney refused.”

Deadline's sources said there are two more Spider-Man films in the works with director Jon Watts and star Tom Holland set to return and continue the story at hand. 

Sony has to be seeing a lot of money on the table, with Venom grossing $856 million worldwide. They currently have Andy Serkis directing Tom Hardy in the Venom sequel and then there is Morbius with Jared Leto. Those are hot titles, but Sony isn't stopping there. They also have Kraven the Hunter and another spinoff with the characters Silver Sable and Black Cat. 

While Disney wanted a bigger piece of the pie, it seems Sony's recent success with Into the Spiderverse and Venom left them confident they can continue to move the franchise forward without Marvel's involvement. 

Disney helped revive the character after he seemed all but lost, so we'll see if history repeats itself there. 

With 900 characters in the Spider universe, Sony sees an opportunity to grow without having to put money in Disney's pockets. 

You have to think Disney would be willing to get their checkbooks out to capitalize here too. Time will tell if they reenter the negotiations table. 

More details to follow...

Your Comment

3 Comments

That's fine. I won't be seeing it. Sony doesn't seem to know how to do anything with Spider-man. Get ready for another merch driven, directed by executives Spider-trilogy!

August 21, 2019 at 2:25AM

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aradralami
IT manager
8

It really depends on the metrics looked at when looking at Sony Spider Man Stories.

Spider-Man 3 and The Amazing Spider-Man 2 for being highly controversial were still very profitable, and in some ways very comparable to titles in the MCU when it comes to ROI.

August 21, 2019 at 11:36AM, Edited August 21, 11:36AM

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Kyle Dockum
Videographer and Editor
885

Marvel doesn’t need Spider-Man since they rolled him into Civil War, Infinity War, and Endgame; that story is told. With two more Spidey movies, Holland will be able to retire the suit and Marvel will get the IP back for Phase 5.

August 21, 2019 at 6:55PM

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Sathya Vijayendran
Writer/Director/Editor
435