Marvel and Sony end ‘Spider-Man’ partnership

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What in the name of Kevin Feige?

The Wrap is reporting that the booming relationship between Disney’s Marvel Studios and Sony Pictures on the Spider-Man films has come to screeching stop.

The dispute is apparently over the financing of future films, a source told the online pub.

The arrangement had been extremely beneficial to both parties. Spider-Man: Far From Home, released last month, was only the second Sony film and the first Spider-Man film to hit a billion dollars in worldwide box office, making it Sony Pictures’ highest-grossing film of all time, passing the global box office gross of Columbia Pictures/Metro-Goldwyn-Mayer Pictures/EON Production’s Skyfall.

Through Sunday, August 18, Spider-Man: Far From Home made $376.7 million domestically and $732.9 million internationally for a worldwide cume of $1.109 billion.

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Starting Thursday, August 29, ahead of the holiday weekend, an extended cut of the film featuring approximately four additional minutes of a never-before-seen action sequence will be released in theaters in the U.S. and Canada. The film will also be available in IMAX® and large formats in select locations.

On its path toward this record-breaking milestone, Spider-Man: Far From Home showed incredible power at the global box office.

The film’s North American opening at $185.06 million for the six-day holiday weekend was an all-time opening six-day record for Sony Pictures, the best-ever six-day opening for a Spider-Man film, and the best six-day opening for a film launching over the Fourth of July holiday.

On opening day, July 2, the film opened to the biggest Tuesday numbers of all time with $39.3 million.

Spider-Man: Far From Home became the highest-grossing Spider-Man movie overseas and opened at #1 in 65 markets including Australia, Brazil, China, France, Germany, Mexico, Russia, South Korea, the United Kingdom, and the United States.

The film’s global rollout began on June 28 in China, Hong Kong, and Japan with a $111 million cumulative opening. China debuted to $97.7 million – the seventh-largest opening of all-time for a studio film in the market and Sony Pictures’ second-biggest opening there.

Japan opened with $9.4 million – the second-biggest superhero movie launch in the last decade. Hong Kong opened with $3.7 million – the fifth-biggest Friday-to-Sunday opening of all-time, and Sony Pictures’ best-ever opening in the market.

The Reel 360 team hopes this is just nonsense. If it’s not, this is a stupid move on Sony’s part. Fans will, rightfully so, be furious.

More to come…

Source: The Wrap

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