Sony Pictures CEO Made A Sad Confession About Spider-Man
The Spider-Man debacle between Sony and Marvel is getting even stickier.
When it was reported at the end of August 2019 that the two studios had failed to reach an agreement to renegotiate terms of their deal that allows Tom Holland's Spider-Man to be a part of the Marvel Cinematic Universe.
it seemed that the main reason why things came crashing down was financial in nature. Disney, which owns Marvel Studios, was said to have requested a 50 percent co-financing stake in the Spider-Man franchise - a dramatic increase from its previous five percent yield from day-one profits - which Sony reportedly denied without countering.
Now, Sony Pictures CEO and chairman Tony Vinciquerra has revealed another reason for the Spider-Man split with Marvel — and it doesn't have anything to do with Disney and Marvel wanting more money.
During Variety's Entertainment and Technology summit on September 5th, 2019, Vinciquerra stated that Marvel Studios president Kevin Feige had been "stretched incredibly thin" following Disney's March 2019 acquisition of 20th Century Fox. With Feige's workload ramping up to include discussions and plans for what to do with the X-Men, the Fantastic Four, Deadpool, and more, the studio head apparently became overwhelmed and evidently could no longer properly focus on keeping Spidey in the MCU. According to Variety, Vinciquerra pointed to this as "one of the reasons behind the breakdown" in conversations about establishing new terms of the Spider-Man deal.
What certainly didn't cause the divorce was bad blood, as Vinciquerra affirmed that there was and is "no ill will" between Sony and Marvel. He also had some nice things to say about working with Feige, who produced both Spider-Man: Homecoming and Spider-Man: Far From Home, and noted that neither Sony nor Marvel simply threw in the towel in regards to the Spider-Man franchise, saying,
"We had a great run with [Feige] on Spider-Man movies. We tried to see if there's a way to work it out. The Marvel people are terrific people, we have great respect for them, but on the other hand we have some pretty terrific people of our own. Kevin didn't do all the work."
Vinciquerra also made a sad confession about the situation: there's no chance of reconciliation as of right now. He explained that, quote, "for the moment, the door is closed" on having a professional relationship with Marvel, and the studio is "not for sale."
Vinciquerra also detailed that Sony has big plans for Spider-Man without the House of Mouse involved. A Spider-Man universe is well underway. Keep watching the video to see more of how the Sony Pictures CEO made a sad confession about Spider Man.
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