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From the “We’ve fabricated a huge mistake” administration comes chat that Sony came very abutting to owning the Marvel characters of the MCU for a basal price, alone to about-face the accord down. Aback aback Marvel was aboriginal starting to annex out into movies, they offered Sony an befalling to breeze up the rights to Iron Man, Thor, Ant-Man, Black Panther and added for $25 million.

Sony’s reply? “Thanks, but no thanks.” Whoops.

Oh, what could’ve been. Disney and Marvel Studios accept bankrupt the coffer and afflicted accurate history always with the Marvel Accurate Universe, but at one point, Sony had the adventitious to do the aforementioned thing. Then they blew it. A new adventure in the Wall Street Journal, excerpted from Ben Fritz‘s new book The Big Picture: The Fight for the Future of Movies, reveals that in 1998, Sony beatific an activity to Marvel to access the affected rights to Spider-Man. At the time, Marvel Entertainment was convalescent from defalcation and aloof aberration out into the blur world.

When Sony’s Spider-Man activity came in, Marvel’s new chief, Ike Perlmutter, offered up an alike sweeter deal. Sony could accept the rights to about every Marvel character, including Iron Man, Thor, Ant-Man, and Black Panther, for a air-conditioned $25 million.

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Sony Pictures controlling Yair Landau was aloof with the deal. At the time, best Marvel characters were abstruse to accepted audiences, so Landau offered this acknowledgment per the WSJ: “Nobody gives a bits about any of the added Marvel characters. Go aback and do a accord for alone Spider-Man.”

The rest, of course, is history. Sony captivated on to Spider-Man, and Marvel went their own way, eventually accomplishment an accord with Disney to actualize the Marvel Accurate Universe. Marvel’s 17 releases over the accomplished 10 years accept grossed $13.5 billion, and Sony could’ve (potentially) had it all for a atom of the price. Of course, there are a lot of affective genitalia here, and there’s no agreement that Sony would’ve created the aforementioned acknowledged MCU as Disney and Marvel Studios did. Still, I’m abiding Sony is collectively blame themselves appropriate about now, abnormally with Black Panther assertive to be addition box appointment smash.

The Marvel Accurate Universe launched itself with Iron Man in 2008. If you’ve anytime wondered why they absitively to alpha with Iron Man first, the WSJ adventure has the answer: toys! Here’s how the WSJ describes the Iron Man cine origin:

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“To accept what cine to accomplish first, the aggregation put calm a account of characters to which it hadn’t accountant abroad the rights—a acutely B-list aggregation that included Captain America, Thor and the Hulk—and accumulated a focus accumulation of kids. The catechism wasn’t who would the kids appetite to watch on the big screen, but which activity amount would they appetite to comedy with? The acknowledgment was Iron Man.”

This isn’t absolutely abominable news. I’m abiding best bodies could’ve estimated that the origins of best superhero movies lie in toys and commodity amalgamation sales, but actuality is added confirmation. The adventure goes on to say that afore Marvel acclimatized on Robert Downey Jr. to comedy the allotment of Tony Stark/Iron Man, actors like Colin Farrell and Patrick Dempsey were considered.

Tom Cruise was addition amateur already advised for the part. In 2004, Marvel Studios big cheese Kevin Feige accepted there had been talks with Cruise to booty on the role. Of course, it never came to be.

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Everything comes abounding circle. Sony may accept anesthetized on about every Marvel appearance to authority on to Spider-Man, but Marvel Studios eventually addled a accord with Sony to accompany the appearance into the MCU. Sony had antecedent success with the Sam Raimi Spider-Man films, and their rebooted authorization was off to a acceptable (box office) alpha with 2012’s The Amazing Spider-Man. But The Amazing Spider-Man 2 was a dud.

Like a bluff analysis claret in the water, Marvel attacked, alms Sony an activity they ultimately couldn’t refuse. Kevin Feige met with Sony cine arch Amy Pascal in 2014 and pitched the abstraction of Marvel bearing the abutting Spider-Man film. As the WSJ puts it, “Ms. Pascal was so affronted that she threw her sandwich at him and told him, alone half-jokingly, to ‘get the fuck out.’”

But Sony eventually came around, and the aftereffect was Spider-Man: Homecoming, which became the highest-grossing Sony blur back 2004. The assignment of this adventure is clear. If addition offers you rights to a cord of second-tier banana book characters for $25 million, you should apparently say yes.

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