FX Procures TV Rights for ‘Spider-Man Homecoming’
Films have proven to be successful on the small screen, delivering exceptional ratings over off-network series, according to Deadline. This has persuaded television companies to invest in more theatrical releases for TV airings.
The latest acquirement for FX is Spider-Man: Homecoming, which is produced by Marvel and distributed by Sony. Marvel pre-sold five of their features in 2008 for a four-year licensing term. Iron Man and Hulk were purchased before the either film hit theaters, the rights to Iron Man 3 were bought in 2013 after the success of Iron Man 2, and 2011’s Captain America: The First Avenger and 2012’s The Avengers are available on the streaming service FXNOW.
Back in 2014, Disney-owned Marvel Studios struck a new TV deal with TNT, who secured the rights to the studios’ next five films, starting with Avengers: Age of Ultron. That deal brings the Marvel movies to TNT two years after their theatrical release and includes Ant-Man, Captain America: Civil War, Doctor Strange, and Guardians of the Galaxy Vol. 2.
FX has long been cable’s go-to home for superhero hits on the small screen, running everything from Spider-Man 2 and Spider-Man 3 to Ghost Rider, the first three X-Men movies, The Wolverine, Superman Returns, Batman Begins, and Fantastic Four and Fantastic Four: Rise of the Silver Surfer.
FX’s most recent deals include 16 other 2017 releases. In addition to Spider-Man: Homecoming, FX acquired Sony’s Baby Driver, The Dark Tower, and The Emoji Movie. From Universal, FX grabbed Despicable Me 3, The Fate of the Furious, Get Out, Split, The Mummy, and Girls Trip. From Fox, FX bought Logan, War for the Planet of the Apes, Alien: Covenant, Captain Underpants: The First Epic Movie, The Boss Baby, and Snatched. FX also bought Focus Features’ Atomic Blonde.
Currently, Spider-Man: Homecoming is crawling towards $780+ million at the box office worldwide, and is set to release on Blu-Ray and 4K UHD in October.