There’s a lot riding on Spider-Man: Far From Home for Marvel Studios for if it fails to make $1 billion it will lose the right to have creative control over the third film.
That’s according to a new report delivered by the entertainment industry newsletter The Ankler, which claims to have details regarding Sony’s deal with Marvel Studios.
“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,” Richard Rushfield writes.
“If it hadn’t, full control would have reverted back to Sony.”
Luckily the Spider-Man sequel has already made over $600 million in its first week of release which means it is pretty much guaranteed to top $1 billion by the end of its theatrical run.
The Sony/Marvel Studios deal looks set to hold for one more movie having produced together two solo movies distributed by Sony Entertainment and three distributed by Disney has part of the Marvel Cinematic Universe.
Tom Holland made his MCU debut in Captain America: Civil War and after making his solo movie debut in Spider-Man: Homecoming he returned in Avengers: Infinity War and Avengers: Endgame in order to complete the Infinity Saga.
Far From Home marks the end of Marvel’s Phase 3 but opens a new door of opportunities for Spider-Man to crossover until the MCU once more.
The film certainly spent a lot of time trying to work out if Spider-Man is the next Iron Man and with a slew of new(ish) heroes he could very well be a part of a new Avengers line-up.
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However, there’s also the possibility that Holland’s Peter Parker will join a purely Sony Cinematic Universe thanks to the success of Venom.
Sony has several solo superhero movies featuring characters from the Spider-Man roster including Morbius, Nightwatch and Kraven the Hunter, so after this deal runs out the SCU might come to fruition.
Spider-Man: Far From Home is in cinemas now