They definitely make more than just Spider-Man. Hell. The hottest new show right now is a Sony produced show (The Last of Us). That could have been an exclusive to some hypothetical Sony streaming service.

And just a few years ago Apple made basically zero content. And Amazon before that. Yet here they are with streaming services. So Sony already making a decent amount of content puts them in a spot where a CEO could easily have made the foolish decision to jump into the streaming wars.

It would have been possible. But they went the other way. There’s the big movie deals with the likes of Netflix and Disney. And then they have further deals with other streamers with stuff like Last of Us on HBO and a future God of War on Amazon. They’re making money with everyone.

It might seem the obvious move for them to have made. But considering how it’s not the hypothetical maximum amount of money, I’m impressed they made that call.