Sony Won’t Be Releasing Any $200+ Million Movies Until Pandemic Is Over
The global box office continues to struggle with the effects of the Coronavirus and following the release of Mulan, Tenet and the New Mutants, which all failed to bring in big enough crowds. While Disney opted to release Mulan on Disney+ as a Premium purchase
Sony won’t be making the same mistakes with their movies such as their Marvel Spider-Man films like Morbius and Venom 2.
Sony Pictures Entertainment Chairman Tony Vinciquerra confirmed at Bank of America’s 2020 Media, Communications & Entertainment Conference, that Sony are going to be waiting for things to settle down:
What we won’t do is make the mistake of putting a very, very expensive $200 million movie out in the market unless we’re sure that theaters are open and operating at significant capacity.
Sony has already moved the release date of the third Tom Holland Spider-Man film to
“You’ll see a lot of strange things happen over the next six months in how films are released, how they’re scheduled, how they’re marketed, but once we get back to normal, we will have learned a lot I think and found ways to do things that are somewhat different and hopefully better,”
Every studio is trying to do the best they can with their film slate and they are all trying different ideas to keep both money coming in and viewers entertained. Sony is stepping to the side, but how will it effect the Marvel Cinematic Universe if the third Spider-Man is also delayed again?