Marvel and Sony strike a deal for one more movie
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Spiderman is one of the most beloved superheroes in the Marvel Cinematic Universe.
October 8, 2019
It has been over a month since Sony denied Marvel’s request to split Spider-Man box office profits evenly between them, resulting in the two companies parting ways and Sony taking their ever-famous pop culture icon with them, an event that sparked debate between Marvel-movie fans everywhere.
From the perspective of Marvel supporters, the two Spider-Man films released so far produced by Kevin Feige starring Tom Holland have critically performed far better than the two “Amazing Spider-Man” films starring Andrew Garfield. Others will say that Marvel was strict with their conditions, since Sony did not profit from Spider-Man merchandise or films outside of the main trilogy that Spider-Man appeared in, like Avengers: Endgame and Captain America: Civil War. Junior Eric Caulfield said, “I think Marvel was being greedy because Spiderman is a very successful property, and Marvel also gets all of the profits from merchandising, so overall [Marvel is] making way more money than Sony.” Considering their already massive wealth from the Marvel cinematic universe, some feel that Marvel was being unnecessarily greedy.
It wasn’t until a few days ago that a new deal was signed between the two companies. Junior Owen Kaplan said, “With the backlash that came with them splitting they were bound to get back together eventually.” The next film in the MCU Spider-Man trilogy has already been scheduled for release on July 16, 2021, and Marvel will continue with their original deal, the only difference being that they will make 25% of all box office profits instead of the original 5%. This new deal can be largely credited to Tom Holland making appeals to Bob Iger, CEO of Disney, and Tom Rothman, chairman of Sony films, to help them come to an agreement and reunite the two franchises.
As it was before, the agreement allows Kevin Feige to produce a third film with Tom Holland’s Spider-Man, as well as any Marvel movies starring Spider-Man produced before the third film releases, meaning that for viewers excited for the possibility of a crossover between Spider-Man and Tom Hardy’s Venom, there could still be something to look forward to after July 2021.
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