Yeah really not impressed with iron man popping up twice in homecoming to say a couple of lines anyway. Woop dee dooo magical. Much much rather prefer a spidey vs hardy venom.
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From the sound of things, we may have been heading that way. Word is out that Feige initially helped with Venom (and went uncredited), but the story was vastly changed after the fact and in editing.
I can see both sides of this unfortunate development. Disney was receiving "only" 5% of the gross, but had full creative control and incurred none of the production costs. At the same time, they were allowed to use Spidey in their team-up films, but Sony saw 0% of the gross on those. I see this as an advantage for Sony, because though they didn't receive 100% of the gross on a film they fully funded, that small loss was more than made up by the higher gross, which would most likely not have been achieved without Marvel Studios' involvement. With their recent track record making live action Spider-Man films, I have no faith that Homecoming and Far From Home would've grossed $2 billion globally had they not been created by and connected to the MCU.
So, now Disney wants 50% of the total gross, but is also willing to take on 50% of the production costs ... something they never had to fund before. In turn, this similar arrangement would extend to other Sony-owned characters (like Venom) and allow more to be introduced into the MCU.
Even further, it's now being said that, with the acquisition of all of the FOX characters, Feige is already being spread too thin, and they don't want to have him involved with a property that isn't theirs, hence removing him from the project and taking away his producer credit.
Like I said ... I see both sides. Does Disney deserve more of the gross for films that they're essentially creating, and by their connection to the MCU, nearly guaranteeing a financial success? Absolutely. But ... maybe going from 5% directly to 50% was a bit much. Sony definitely doesn't want to let go of these characters, but should understand that a large part of the recent success is due to Feige and Marvel Studios' involvement. Of course, the biggest losers in all of this are the fans.
I hope that cooler (and smarter) heads prevail, negotiations continue, and the two studios work something out. If not, Tom Holland can always finish out (or break) his contract, sign a new deal with Marvel Studios, and begin the integration of Night Monkey into the upper echelon of the MCU. It seems like there may be a void to fill.