|Posted: 21 August 2019 at 11:38am | IP Logged | 1
Suffice to say, if it was like that, why did Sony agree to let Disney get involved at all in the first place?
Because it wasn't like that in the first place. It is like that in the current negotiations concerning the 3rd solo movie. When Homecoming was released, there was a considerable amount of risk after the declining performance of the previous Spider-Man movies. In the old deal, almost all of that risk was taken by Sony. And it paid off in a big way.
The situation now is very different than it was several years ago. Now we have two Spider-Man movies that were massive successes. I don't think anyone can reasonably argue, based on their performance, that the third movie, if done in collaboration with Sony and Disney, would be a 'gamble'. It's looking much more like a sure thing. So Disney saying, "Hey, we'll take half the risk...." can't be taken very seriously as an offer on the table.
Again, I see Disney's point. Sony profited from the previous deal much much more than Disney did. Now that its time to renegotiate, of course, they want to balance that out more.
But I also see that Sony isn't stupid. The next movie isn't going to be ASM 3. The next movie is going to be Tom Holland Spidey 3. And they're doing the math.
Let's say they do the movie with Disney, and the profits are $800 million. Sony gets $400 million. Now let's say Sony makes it by themselves, it doesn't do nearly as well, and profits are $500 million which go entirely to Sony. Sony still comes out ahead on doing it solo with a fraction of the box office.