Your friendly neighborhood Spider-Man is being subjected to some rather unfriendly MCU (Marvel Cinema Universe) negotiations. In the latest breaking news, Sony and Marvel Studios have been unable to reach an agreement that would have given Disney a co-financing stake moving forward. The Marvel Cinema Universe future plans are in jeopardy.
We feel the same way, Peter Parker.
Apparently Disney requested a 50/50 co-financing agreement between the two studios on future Spider-Man movies. According to Deadline sources, Sony was against the offer. Indeed, Sony wanted to keep the original terms of the first two Spider-Man MCU related films. For those movies, Disney was guaranteed to receive only 5% of first dollar gross, meaning that the participant (i.e. Disney) earned a percentage of the movie’s box office revenue on the first day of its release.
To date, Spider-Man: Far From Home, still playing in movie theaters worldwide, has been Sony’s historically highest grossing movie with over $1 billion dollars in revenue. Their previous record holder was the James Bond film Skyfall.
Yet Spider-Man fans should keep the faith. Marvel Studios, under the guidance of Marvel Studios president Kevin Feige, has proven they possess the winning formula when producing stories about the web head. Sony, which controls the movie rights to the Spider-Man character, seems to be angling for a more favorable deal. In a worst case scenario, future web-head movies will be focused on the Spider-Man universe as if the Avengers story arc never happened.
(h/t Deadline)
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