Forgot password
Enter the email address you used when you joined and we'll send you instructions to reset your password.
If you used Apple or Google to create your account, this process will create a password for your existing account.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Reset password instructions sent. If you have an account with us, you will receive an email within a few minutes.
Something went wrong. Try again or contact support if the problem persists.
Spider-Man-far-from-home

Sony Stock Drops After Split With Marvel Studios Over Spider-Man

Sony may feel that they've won the day after cutting ties with Disney, but that may not actually be the case.
This article is over 5 years old and may contain outdated information

Sony may feel that they’ve won the day after cutting ties with Disney, but that may not actually be the case.

Recommended Videos

The two companies reportedly parted ways following a financial standoff, in which the House of Mouse asked for a 50/50 split in future Spider-Man grosses – a 45% increase from their previous arrangement. When Sony inevitably refused, they also booted Marvel Studios President Kevin Feige from producing the hero’s next two films in any capacity. It’s since been revealed, however, that this news – which has set the internet ablaze – may’ve been a bit premature, and that negotiations between Sony and Disney have not finished just yet.

Now the extent to which all of this – the rumors, the responses, etc. – will make a difference on the studios’ final decision has yet to be seen. But in the short time since this possibility has sent Spidey fans into a panic, Sony’s already begun to see a negativity change – specifically, and ironically, with their finances.

According to Yahoo Finance, the company’s stock price took an immediate dip following the breaking news this afternoon. You can check out a graphic (taken at the time of writing) from Google’s Market Summary with more specifics down below.

As you can see, Sony’s stock dipped by upwards of -0.060 (approximately -0.11%) for a price of $55.66 in the wake of the supposed split from Disney. While it may not be a huge loss, it’s still the lowest price of the day, and could also be the first real economic indicator of how this deal may play out for the company.

With that said, this is still a developing story, so be sure to stay tuned to We Got This Covered for more updates on the fate of Spider-Man in the MCU.


We Got This Covered is supported by our audience. When you purchase through links on our site, we may earn a small affiliate commission. Learn more about our Affiliate Policy