Sony stakes Marvel for 'Spider-Man 4' - Mania.com



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Sony stakes Marvel for 'Spider-Man 4'

    August 06, 2008
Source: seekingalpha.com

During a recent conference call to discuss their second quarter results, Marvel revealed that Sony has paid them an advance on 'Spider-Man 4', which may be taken as a sign of the studio's commitment to the next installment of the franchise.

Marvel Executive Vice President, Chief Financial Officer, Kenneth West told reporters, "During this quarter, we did receive the $5 million advance associated with Spider-man 4. That keeps Sony in line with actually releasing this picture within the normal time period."

The studio's report yeilded little in the way of surprises concerning upcoming movie projects, with all other discussed projects having been announced previously.

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