If ‘Spider-Man: Far From Home’ Doesn’t Make a Billion Dollars, Sony Breaks Free of the Marvel Studios Deal

/Film | 7/9/2019 | Ben Pearson
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The specifics of major Hollywood contracts are notoriously difficult to ascertain, and the occasional insights we do receive often come from actors revealing how many movies they have left in a particular franchise. But a new report has uncovered a Spider-Man contract stipulation which would allow Sony to wriggle out of its deal with Marvel Studios and once again give Spidey’s original studio home full autonomy over the character’s cinematic adventures. Good thing that won’t happen.

In a recent edition of journalist Richard Rushfield’s entertainment industry newsletter The Ankler, Rushfield peels back the secretive curtain of the deal that was signed between Sony and Marvel Studios back in 2015 to share the character. “The original Sony/Marvel/Spidey deal to co-produce these movies stipulated that if this Spidey cleared a billion, Marvel would get to oversee a third. If it hadn’t, full control would have reverted back to Sony,” he writes.

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To be clear, Far From Home has not yet crossed the billion dollar mark at the worldwide box office, but the fact that it’s already made over $600 million in its first week is practically a guarantee that it will cross the coveted billion dollar threshold before it leaves theaters. So the Sony/Marvel Studios deal will still hold – at least for one more...
(Excerpt) Read more at: /Film
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