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Sony deny plans to sell Spider-Man franchise

Sony have denied rumours that they are considering selling the Spider-Man movie rights.

A report on The Register originally claimed that Sony were “considering a proposal by activist investor Daniel Loeb that the group should sell off parts of its music and movies business, which includes popular franchises Spider-Man and Resident Evil and the weepy ballads of Brit crooner Adele.”

The report stated that the company were looking at selling part of the entertainment section of their assets, including the aforementioned movie rights. However, it appears there has been some misunderstanding, as any official quotes from that article never mention specific rights, in particular Spider-Man. Also, it is now believed that the proposal in question actually refers to separating the entertainment and technology divisions into two separate companies.

Additionally, Amy Pascal, co-Chairman at Sony Pictures, is quoted by Ain’t It Cool News as saying she will “Never ever ever” sell off the Spider-Man rights, as she feels the “property is directly tied to her legacy and time at Sony”.

The Amazing Spider-Man 2 is currently scheduled for release on May 2 2014.

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