Sony’s Spider-Man franchise, particularly with Miles Morales in the Spider-Verse series, has consistently wowed audiences and critics. Despite superhero fatigue and post-pandemic box office challenges, Sony remains confident in Miles Morales’ ability to shine in the upcoming Spider-Verse installment titled Spider-Man: Beyond the Spider-Verse.
With its unique blend of action and heart, the Spider-Verse series has carved out its own special place in the superhero genre, promising fans yet another thrilling adventure. Thus, they are pretty confident Morales will find a strong footing this time as well.
Sony Is Confident Spider-Man: Beyond the Spider-Verse Will Do Terrific at the Box Office
On a recent Sony Group Corporation conference call as reported by Variety, Sony Pictures Entertainment CEO Tony Vinciquerra shed light on the challenges facing the film industry, which includes the rise of streaming platforms, the post-pandemic era, and the impact of last year’s historic strikes by writers and actors.
These disruptions have resulted in a decrease in the number of films making it to theaters. However, amidst this uncertainty, there is confidence that the upcoming Spider-Man: Beyond the Spider-Verse will thrive, despite the lack of details currently available about the film. He explained,
What really is happening is that people got out of the habit of going into theaters. As the marketplace begins to recover in terms of having big films, you’ll see people start to go to theaters again. The second half of this year, you’re going to see quite a resurgence. One film will improve the odds of the next film. Starting in July you’ll see every week a big film coming out.
He further explained,
Once we get back into the normal cadence of producing films, I think you’re going to see the comeback. We may not get back to pre-pandemic level. It is more difficult to produce a film that generates cultural action within the community but we’re pretty optimistic about the next couple of years
According to the executive, the Spider-Verse movie “will do just terrific.” Well, that’s no surprise, considering how much cash the franchise brings in for the company. So, it’s expected to rake in the same hefty profits as before.
How Profitable Is the Miles Morales Franchise?
When one talks about box office victories, the Spider-Verse swings high, with Spider-Man: Into The Spider-Verse spinning $384.3 million and its sequel, Spider-Man: Across The Spider-Verse, snaring $690 million worldwide.
Altogether, that’s over $1 billion, thus, one might say a pretty successful franchise indeed. However, it is applauded not just financially but critically too.
With such a leap from the first movie to its sequel, it’s no stretch to expect Spider-Man: Beyond The Spider-Verse to scale even greater heights. This animated adventure showcases the true superhero genre’s potential, as seen in the escalating success from the first flick to its follow-up. With praises and hype fueling the fire, the third installment is set to a memorable.
Both Spider-Verse films are available on Netflix to stream.