Photo: IMDB

Sony took a risk with Venom, starring Tom Hardy as Eddie Brock. Critics didn’t know how the character would hold up on his own, without help from Spider-Man, but despite poor reviews, the film made the studio more than $500 million at the global box office, which may lead Sony to keep the rights to Spider-Man rather than returning them to Marvel.

“If it had failed, there is a chance Sony would have definitely returned to the bargaining table with Disney. Now, that’s up in the air,” Jeff Bock, a senior box-office analyst for Exhibitor Relations, told Business Insider.

In 2015, Sony made a deal with Marvel Studios stating that the Marvel Cinematic Universe could introduce Spider-Man into its own films, while Sony maintained distribution rights and creative control, and can make movies based on the 900 Marvel Spider-Man characters to which it owns the film rights.

Sony is now likely to make a Venom sequel following the film’s success. There are also plans to tap into that 900 character database to develop more spin-off movies based on other Marvel comics characters from the Spider-Man world. Jared Leto will star in Morbius the Living Vampire, and a solo flick featuring Spider-Man love interest Black Cat is also in the works.

About the author

Jackie Cucco

Jackie Cucco

Jackie Cucco was a Senior Editor of The Toy Book, The Toy Insider, and The Pop Insider. She covered toy trends, pop culture, and entertainment news, and made appearances on national and regional outlets, including CBS, WPIX, News 12, and more. Jackie spends her time watching horror movies and working her way through every Stephen King novel out there.