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TopicValley of The Geeks
ParanoidObsessive
09/28/19 8:46:23 AM
#295:


WhiskeyDisk posted...
To be fair, was Sony going to make more money on Spidey going it alone than they would letting Mauschwitz run the show? I have my doubts there.

Venom - Budget $100M. It made $205.2M globally.

Far From Home - $160M. It made $1.131B globally.

I'm not quite seeing how playing nice with Disney is them getting the short end of the stick here.

Keep in mind the original deal was that Sony pays Disney 5% and gave up all merch rights. Once the movies were successful (and Kevin Feige suddenly had all the Fox toys to play with), Disney decided to pull a Vader and alter the deal (even more appropriate, with the current talk about them putting Kevin Feige in charge of at least one Star Wars film as well).

Disney demanded 50%, Sony told them to go fuck themselves.

Now realize that means that Sony was looking at the Far From Home numbers, and seeing that, under Disney's new terms, even a movie THAT successful would only net them $500-600 mil, tops. Meanwhile, Venom actually made somewhere around $850 mil worldwide (NOT $205, as you say).

So to answer your question, Venom actually made more money for Sony than Far From Home would have if it had been made under the terms Disney wanted. Sony was 100% correct to reject that deal, and Disney were pretty much being assholes for demanding it in the first place (especially when, again, Disney is STILL making tangential money because they control 100% of the merch rights for Spider-Man).

Sony caved to negative pressure and agreed to a 25% deal, which is still absolute bullshit, and will probably still be worse for them than if they'd just made the movie themselves without the MCU connections. Especially since Phase 4 MCU looks like it's going to be mostly shit anyway.

Meanwhile, Disney is basically going to get paid somewhere between $200-300 mil for doing absolutely nothing other than letting Kevin Feige act as advisor, and letting Sony reference other Marvel characters in passing (which is itself counterbalanced by the fact that the reciprocation there is that Marvel got to use Spider-Man in three movies he otherwise wouldn't have been in at all).

Disney basically manipulated fan response and intimidated Sony into backing down and accepting a terrible compromise. If there's a villain in this tale at all, it's the Mouse.
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