To understand all of this its important to know exactly how these rights work.

BeforeIron Man, Marvel was simply in the business of helping produce movies based on its various comics characters.

But in the mid-2000s, Marvel created Marvel Studios and decided to produce its own superhero movies.

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Sony Pictures, meanwhile, only has one major superhero license, and thats Spider-Man.

In short, they made a Marvel StudiosSpider-Manmovie.

So what does Marvel Studios get in return out of this deal?

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Image via Sony Pictures

If all goes well, theyll come back to the table and renegotiate to keep this going.

Or its possible that Sony says well take it from here and Peter Parker disappears from the MCU altogether.

Heres the rub: Marvel Studios hasnoinput or involvement in these movies at this point in time.

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Image via Sony Pictures

But since Sony has the license for Peter Parker, why cant he have a cameo inVenomyou ask?

That wasnt so complicated was it?

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Image via Sony Pictures

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Image via Marvel Comics

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Image via Sony Pictures

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