http://www.deadline.com/2013/11/sony-pictures-plans-spider-man-sequels-and-spinoffs/

UPDATE: Sony Pictures Plans More Spider-Man Sequels And Spinoffs – But Still No 
Marvel Reunion

UPDATED, 1:50 PM: “We do very much have the ambition about creating a bigger 
universe around Spider-Man. There are a number of scripts in the works” 
involving characters and villains in the series, Sony Pictures Entertainment 
chief Michael Lynton told analysts in a Q&A session wrapping up his operation’s 
first meeting with investors. But he didn’t offer details, except that Sony is 
“working closely with Marvel and Disney.” But lest fans of the Marvel world 
take that to mean that Spider-Man could finally join his buddies in an upcoming 
The Avengers or other Marvel/Disney film — think again. Sony’s longtime rights 
deal with Marvel for Spider-Man allows them to exploit any character within the 
superhero’s universe — including villains, girlfriends or even Aunt May. But 
Disney, which acquired Marvel in 2009, owns merchandising rights to Spider-Man 
and those related characters, so any further exploitation would have to involve 
Disney.

While Sony today promised to hold down costs, especially for films, Lynton says 
that “we have in no way shape or form lost our commitment to the movie 
business. The movie business sits at the heart and soul of the company.” And he 
wouldn’t feel constrained from approving a major project. “We never once found 
ourselves lacking for capital” when it comes to a needed investment including 
an acquisition. That also was true when Disney snagged Marvel. With theme parks 
and several cable channels, Disney has “a few more channels to exploit” the 
properties. “You have to measure it against that backdrop.”

Related: Sony Pictures To Shift Emphasis From Movies To TV, Will Cut Film 
Output For 2014

Today’s session grew out of criticisms of Sony’s entertainment businesses made 
this summer by Third Point’s Daniel Loeb. And Sony execs said that it all 
turned out for the best. “It’s an opportunity to shed light on the business and 
where we think the business is going,” CEO Kazuo Hirai says. “That’s been a 
positive for us.” Lynton added that “we can always be more efficient. To have 
somebody intelligent make remarks is always helpful, especially when they’re a 
shareholder.” Loeb is an investor in Variety with Deadline’s parent company, 
PMC.

Related: Sony CEO: Entertainment Is “Crucial” To Company

Dominic Patten contributed to this report.

For all of Deadline's headlines, follow us @Deadline on Twitter.

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