Why does sony own spiderman

Related: Why Hollywood's dismal summer won't matter. Spider-Man is one of Marvel's biggest brands, so why does Sony Pictures own the rights?

CNNMoney Sponsors. Plus, they got a hefty cut of the profits from the Spidey is in. The deal was initially struck in and since then audiences have gotten to see a number of Disney-made Spider-Man films. The film was a fresh take on the Spider-Man character, featuring fan-favorite Miles Morales as Spidey.

It had a never-before-seen daring animation style and a gritty soundtrack. Not surprisingly, Sony is working on a sequel now. As a side note, you might be wondering how, if Disney and Sony have this complicated agreement over Spidey, is he represented over at the Universal Orlando theme park?

Per Fortune , Marvel Entertainment prior to being owned by Disney and NBCUniversal signed a deal in that Universal Studios had the rights to use the characters in the theme parks as long as they were used in a certain geographic area the Mississippi river was the divider.

So we got all that? Theme park rights? Merch and movie rights? Well, buckle in cause Sony stepped in to throw a wrench in an already complicated deal. Sony declined to meet those terms. Disney already owned the rights to Spider-Man merchandise, so Sony was hesitant to give up half of its most profitable franchise.

As a result, Disney withdrew involvement. Who knows what the future holds? Spider-Man will also appear in one future Marvel Studios film. So what changed!? Well, with backlash abound, Sony and Disney got back in the negotiation room. The details of the deal were not disclosed. We are delighted to be moving forward together. He revealed the actor called him and told him what the character meant to him and to fans. In response, Iger called the head of Sony and said a deal needed to be made.

Spider-Man is a powerful icon and hero whose story crosses all ages and audiences around the globe. Accessories Buying Guides How-tos Deals. Health Energy Environment. YouTube Instagram Adobe. Kickstarter Tumblr Art Club. Film TV Games. Fortnite Game of Thrones Books. Comics Music. Disney-owned Marvel Studios has owned merchandising rights for Spider-Man since None of the companies' recent deals have changed that agreement.

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