Spider-Man Needs to Be Even More Amazing, for Sony's Sake
Spider-Man has never been more important to Sony Pictures than he is right now, says Fool contributor Tim Beyers in the following video.
Why? Sony just ousted marketing president Marc Weinstock as part of what looks like an effort to clean house and start over. The Hollywood Reporter says he may be taking the fall for a series of summer misses, including After Earth and White House Down. Spidey will have to make up the difference when The Amazing Spider-Man 2 hits theaters on May 2, 2014.
There are other potential hits screening between now and then, of course. But investors shouldn't expect too much from the likes of Captain Phillips (Oct. 11) or the remake of the cult hit Robocop (Feb. 7). Amazing Spider-Man 2 is still Sony's best chance to earn meaningful studio profits, Tim says.
Will it be enough to drive the stock higher? What about the long term and Sony's plans for follow-up sequels in 2016 and 2018? Can investors expect enough of a bounty to make Sony a reasonable bet at current prices? Tim addresses these questions and more in the video. Please click to watch now.
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The article Spider-Man Needs to Be Even More Amazing, for Sony's Sake originally appeared on Fool.com.Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team and the Motley Fool Supernova Odyssey I mission. He owned shares of Walt Disney and Time Warner at the time of publication. Check out Tim's Web home and portfolio holdings, or connect with him on Google+, Tumblr, or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.The Motley Fool recommends AMC Networks and Walt Disney and owns shares of Walt Disney. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.