Sony to Back Out of the Marvel Deal if Spider-Man: Far from Home Doesn’t Earn $1 Billion

Sony to Back Out of the Marvel Deal if Spider-Man: Far from Home Doesn’t Earn $1 Billion

After the debacle that was The Amazing Spider-Man 2, a lot of fans agreed that Sony teaming up with Marvel to bring us this new Spider-Man was one of the best creative decisions for the character. What’s interesting though is that there’s actually a weird condition that could easily make Marvel lose their creative grip over Tom Holland’s Peter Parker.

As per The Ankler, Spider-Man: Far from Home needs to clear $1 billion at the box office or else full creative rights for the franchise will revert back to Sony. They write:

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, which raised the specter that America’s Most Beloved Entertainment Executive would look to cash in/out every way possible, as well as grab complete unexpurgated credit for the victory and thrown superhero canon to the wind. (Not something he was ever a fan of in the first place). It was feared he would have tossed Spidey and Venom together for a quickie mash-up that very potentially could’ve sunk both.

This is sure to make some fans worried as Sony has been making some questionable decisions when it comes to their “SUMC.” Though the Venom movie made a lot of money in the box office, it was still a critical bomb, and no one at all was excited when it was announced they would be making a Morbeus and Kraven the Hunter spinoff.

On the bright side, it seems like Spider-Man: Far from Home is going to reach that billion-dollar mark. In its opening week, the Sony and Marvel movie gained more than half a billion, so it shouldn’t be too long before the film reaches its goal. If anything, I’m sure a lot of fans are willing to show their support as long as it means they get to keep ‘the next Iron Man’ in the MCU for a while longer.

Catch Spider-Man: Far from Home now in theaters.

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