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The Spider-Man Problem (update)

Planet Money

NOTE

Sony's Contractual Obligation to Produce Spider-Man Movies

Sony must commence production on a new Spider-Man film within three years, nine months, and release it within five years, nine months after the release of preceding picture. Translation, if Sony does not release a Spider-Man movie every five years and nine months, the movie rights go back to Marvel. And Sony loses one of the most valuable pieces of intellectual property in the world.

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