Shocker, a personal attack, unprovoked. And people wonder why I'm defensive.
They did relinquish the rights for around 274 million dollars. Here's the quote from Bob Iger notice how it downs say they licensed them. They bought them. Meaning for a fee, Sony relinquished any further claim. Here's the contract also. The page that address it. All that changed with the new deal. But Sony had rights for the first three spiderman films. Didn't for the next two. And now does again. So, as I said, they did have them, prior to the MCU version. And even after they sold it back, they still got royalties (see the contract which illustrates a 2.5 to 5% commission on merch) But sure, I don't have any idea what I'm talking about.
"To that end, we recently completed a transaction with Sony Pictures to simplify our relationship. And then in the deal, we purchased Sony Pictures' participation in Spiderman merchandising, while at the same time, Sony Pictures purchased from us our participation in Spiderman films. This transaction will allow us to control and fully benefit from all Spiderman merchandising activity, while Sony will continue to produce and distribute Spiderman films. We won't be specific about the economics of this 2-way transaction, but we expect it will drive attractive returns for Disney"
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