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.

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.