Sony Ends Spider-Man Deal With Disney's Marvel

Just when things were going so well.

Disney's (NYSE: DIS) Marvel Studios was still basking in the glow of the record-breaking success of Avengers: Endgame, which recently set the all-time box office record to become the highest grossing film of all time, surpassing James Cameron's Avatar. And Sony (NYSE: SNE) Pictures could boast that Spider-Man: Far From Home topped the James Bond thriller Skyfall to become the biggest box office smash ever for the studio.

Now it appears the moviemakers are parting ways, according to a report in Deadline. This is a decision that will come back to haunt Sony. Here's why.

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Source Fool.com