Kraven's $62.1M Box Office Loss Prompts Sony to End Spider-Man Universe

Sony’s Spider-Man Universe began with Tom Hardy’s Venom films but slid after theatrical failures such as Morbius and Madame Web. The studio recovered some losses with the Venom pictures, yet that model proved unsustainable. Kraven the Hunter, released at the end of 2024, cost around $100 million to make and carried a break-even point near $200 million; it grossed only $62.1 million, falling nearly $150 million short, and Sony decided it couldn’t absorb another massive loss.

In the United States Kraven is streaming exclusively on Netflix, while globally the film has charted in the top 10 on platforms like HBO Max, Hulu and Prime Video, achieving a rare streaming triple crown. The Spider-Man Universe largely consisted of movies about Spider-Man villains without Spider-Man himself; Tom Hardy’s draw helped keep the franchise alive longer, but Kraven’s leads — Aaron Taylor-Johnson as the title character and Russell Crowe as his father — were not enough to fill theaters.

United States