Sony Pictures CEO Tony Vinciquerra Blames ‘Madame Web’ Box Office Performance on Critics: ‘The Press Crucified It’

Tony Vinciquerra may only have a few days left as president and CEO of Sony Pictures, but he will not be quiet. On leaving his workplace, effective January 2, 2025, the executive expresses some of the problems he has faced since taking office in 2017 and, specifically, in recent years with the COVID-19 pandemic and the WGA/SAG – AFTRA strike. However, in a recent interview with the Los Angeles Times, Vinciquerra blamed the media for preventing other people from going to the movies.

Vinciquerra noted earlier in the interview that the failure of “Kraven the Hunter,” directed by J. C. Chandor and starring Aaron Taylor Johnson, was poignant given that it would be the last film that would debut under his presidency.

“Unfortunately, [‘Kraven the Hunter’], which we presented last weekend, and my latest theatrical release, is probably the worst opening we’ve had in seven and a half years, so it hasn’t gone very well, which I still don’t know. “I don’t understand it, because the movie is not bad,” Vinciquerra said.

Fortunately for Sony, “Madame Web” and “Kraven” weren’t the only films that kept the studio afloat this year. “Ghostbusters: Frozen Empire” was moderately successful, grossing twice its budget, while “Bad Boys: Ride or Die” fetched about the same amount, managing to gross more than 4 times its cost. Despite negative rumors that turned into a full-blown legal battle, Sony’s adaptation of Colleen Hoover’s “It Ends with Us” was an unforeseen success, grossing more than $350 million and accounting for a quarter of that total. it took to produce “Ghostbusters”. ” or the sequel to “Bad Boys. “

Offering a farewell to his replacement, Ravi Ahuja, the current president of Global Television Studios and president and COO of SPE, Vinciquerra warned that it might be time to replace strategy when it comes to “Spider-Man” intellectual property considerations. “, as The study history would possibly be contaminated beyond recovery.

“I think we want to reconsider, just because it’s a snake bite,” Vinciquerra said. “If we publish one, it will be destroyed, no matter how clever or bad it is. “

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