Disney CEO Josh D’Amaro congratulated rival Sony Pictures Entertainment on Spider-Man: Brand New Day, saying its spectacular opening “bodes well” for Disney’s forthcoming Avengers installment.
Speaking on the company’s quarterly earnings call Wednesday, D’Amaro called last weekend’s debut “an unbelievable result.” At $360 million in the U.S., Brand New Day topped Disney’s Avengers: Endgame with the best domestic bow of all time, and cruised past $1 billion globally just a few days into its release.
For a complicated legal reasons, Sony has retained distribution rights to Spider-Man even though the film franchise is produced by Disney’s Marvel Studios. The ongoing
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