Sony's credit rating cut to "junk"...Implications for Spider-Man?

Discussion in 'Science Fiction & Fantasy' started by Ian Keldon, Nov 22, 2012.

  1. Ian Keldon

    Ian Keldon Fleet Captain

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  2. Professor Zoom

    Professor Zoom Vice Admiral Admiral

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    Has there been any speculation? First I've heard of it. Link?
    Most of the talk is about who is being cast in the sequel.
    Why would Sony get rid of Spiderman, it makes money for them.
     
  3. Tosk

    Tosk Vice Admiral Admiral

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    No. None whatsoever.
     
  4. Christopher

    Christopher Writer Admiral

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    It's not a question of the film studio getting rid of the Spider-Man franchise, but of the Sony corporation itself, a multinational conglomerate dealing in electronics and finance as well as film, television, and publishing, possibly selling off its entire entertainment division. The conglomerate as a whole is struggling for reasons having to do with the state of the Japanese economy, it needs to stop losing money, and selling off its entertainment division could bring it a lot of profit, as well as reducing its overhead because it wouldn't need to invest money in making movies/TV/etc. anymore.

    So it's not specifically about one film franchise. The studio itself would be sold to some other huge conglomerate, and the rights to all its movie properties would presumably be sold along with the studio. Although some are speculating that the sale could give Marvel an opportunity to buy back the Spidey rights even if the studio as a whole goes to somebody else. I.e. they might make Sony a better offer for those rights alone than another studio would make for those rights as part of the entire package of Columbia Pictures and its intellectual property.
     
  5. Admiral James Kirk

    Admiral James Kirk Writer Admiral

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    I sure hope Marvel gets it's friendly neighborhood Spider-Man back. Sure it might mean another reboot but I want to see how Marvel would reboot Spidey this time. Besides I think I'm the only guy on the planet who not only likes origin stories but likes multiple versions of them. :lol:
     
  6. Christopher

    Christopher Writer Admiral

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    I think Marvel might be willing to continue the current Spidey film continuity rather than rebooting again. IIRC, I've heard that they were willing to insert TASM's Oscorp Tower into their digital Manhattan in The Avengers, but that the CGI was too far along by that point to let them make the change.
     
  7. Admiral_Young

    Admiral_Young Fleet Admiral Admiral

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    Sony's financial situation has affected films like "Ghostbusters III" (filming has been delayed) and I have read that another film went to Paramount or something (I think it was Adam Sandler's next film) but I haven't heard or read anything about it affecting Spider-Man. I believe the CEO was asked about this several weeks ago and denied anything would happen to Spider-Man and they have no plans to do anything with the rights (this was asked basically right after the Disney deal with LucasFilm happened).
     
  8. Kelthaz

    Kelthaz Rear Admiral Rear Admiral

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    Well, of course the CEO is going to say that Spider-Man is all well and good regardless of the actual situation. The question is if he's telling the truth or playing the role of Baghdad Bob.
     
  9. MacLeod

    MacLeod Admiral Admiral

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    Well it wasn't just Sony that had it's credit rating relegated to junk but Panasonic as well.

    I suspect that part of it is cost, with competitor's like Samsung better responding to the market, and offering just as good products as Sony. If I were to purchase A sony TV for example over a Samsung I suspect I would pay more for the Sony. So If I can save myself a hundred and get as good why not save the hundred.

    I think it's more the TV/DVD production side of Sony that's run into trouble. So rather than any films what about the PS4? After all the PS3 is what the third most popular of the 360/PS3/Wii generation consoles. The PS2 was number one If I recall correctly.

    A couple of articles related to this news.

    http://www.bbc.co.uk/news/business-20443294

    http://www.bbc.co.uk/news/business-20449083
     
  10. Captaindemotion

    Captaindemotion Vice Admiral Admiral

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    Another factor may be how separate Sony keeps its entertainment division from its manufacturing division. If they're all free-standing divisions, with 'Chinese walls' (or Japanese walls in this case) between them, then Sony's tv and electronics may not be able to benefit from the sale of their ents division - it all depends on how creatively their accounts are set up.

    And it should also be remembered that Marvel studios are notoriously thrifty. If Spidey's right go up to the highest bidder, then, while we would all like to think that Marvel is the webslinger's natural home - but they could well be outbid by another studio.
     
  11. Kelthaz

    Kelthaz Rear Admiral Rear Admiral

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    The Playstation 2 was ungodly successful, but the Playstation 3 was a failure. This article is from February 2011, but in the 4 years since launching the PS3 Sony had lost nearly $5 billion on the system. They're probably eking out a tiny profit now, but overall they've lost billions on the PS3.

    http://www.vg247.com/2009/10/30/sony-ps-division-has-lost-4-7-billion-since-launching-ps3/
     
  12. Dream

    Dream Admiral Admiral

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    Saying your third most popular of the current generation consoles is just a nice way of saying your dead last!:lol:
     
  13. Agenda

    Agenda Fleet Captain Fleet Captain

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    I'm not that enthused about Marvel getting all their properties back. Major studios only have room for so many movie releases. Let's say Disney gets everything back and then realizes that only X-Men, Spider-Man, and Avengers are the real money makers, like DC focusing mainly on Batman and Superman. Say goodbye to solo movies for guys like Thor. At least with multiple companies you're more guaranteed you'll get more movies.
     
  14. Kelthaz

    Kelthaz Rear Admiral Rear Admiral

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    That is a good point that I hadn't considered. Sony might want to release a Spider-Man movie to compete with say Iron Man, but Marvel would have no reason to release both films and split the box office.
     
  15. FordSVT

    FordSVT Vice Admiral Admiral

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    Or Disney could buy the rights to Spider Man, that would be the next best thing. No one has more money than Disney. If they think they'll profit by giving Marvel access to Spidey, they'll spend the dough. It would be peanuts compared to what they spent getting their hands on Star Wars.
     
  16. Dream

    Dream Admiral Admiral

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    They don't have to buy the rights back. Eventually the Spidey movies will start making less and less money and Sony willl stop making them. By just waiting it out, Marvel can get the rights back without spending a dime.

    The rights already reverted for Dardevil, Blade, Hulk, and Punisher.
     
  17. Agenda

    Agenda Fleet Captain Fleet Captain

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    I see Spider-Man as a franchise that could keep going indefinitely. The last one wasn't even that great. IMO, it felt like an inferior retread of the first movie. Even still it made a ton of money.
     
  18. MacLeod

    MacLeod Admiral Admiral

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    But Sony have to answer why they are last, true the 460 had a years head start, but the Wii didn't have that and still came out on top (no doubt because it was the cheaper of the 3).

    What did Microsoft get right with the 360, first to market, exclusive titles, Xbox Live etc...

    After all at this stage I suspect both Microsft and Sony have spend signfignat sums of money on their next gen consoles.
     
  19. Christopher

    Christopher Writer Admiral

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    That's right. A better option would be to have different studios retain the rights so you could get more movies overall, but just have them coordinate creatively so that they could be in continuity with each other.
     
  20. Relayer1

    Relayer1 Rear Admiral Rear Admiral

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    I liked it more !