Sony Buys Spider-Man Rights For $7 Million (Photo Credit – Prime Video)

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Spider-Man has been one of the world’s most beloved and recognizable superheroes for over six decades. Swinging into comic book pages in 1962, Peter Parker’s story of responsibility, loss, and heroism struck a universal chord. From Saturday morning cartoons to lunchboxes and video games, the wall-crawler has transcended generations, captivating fans far beyond the Marvel faithful.

By the late 1990s and early 2000s, Hollywood had begun taking comic book adaptations seriously, and Spider-Man topped every studio’s wish list. With his perfect balance of relatable humanity and exhilarating action, the wall-crawler seemed destined for the big screen. Yet, his journey to the cinemas was anything but simple. Before Tobey Maguire swung into theaters in 2002, the Spider-Man film rights had passed through several hands. The most pivotal moment came in 1999, when Sony struck a modest yet game-changing deal that would reshape the superhero genre for years to come.

Sony paid Marvel just $7 million to get the Amazing Spider-Man

In 1999, Marvel was still clawing its way back from bankruptcy. Desperate for cash, it began selling off film rights to some of its most iconic characters. In what now feels almost unbelievable, Sony Pictures acquired the rights to Spider-Man for just $7 million per Looper. At the time, superhero films were not guaranteed blockbusters. Studios were wary after uneven returns from earlier comic adaptations. But Sony saw the potential.

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