Marvel Studios
The next film licensed from Marvel Studios was "Spider-Man" by Columbia Pictures, directed by Sam Raimi and starring Tobey Maguire as Spider-Man. The film was released on May 3, 2002, grossing $403,706,375 in the United States and Canada and $821,708,551 worldwide. The early success of "Spider-Man" led the film's studio to issue a seven-figure advance for a sequel. Arad spoke of the deal, "Movies make sequels. Therefore, it's a big economic luxury to know that a movie's going to get a second and third. This is a business of precedence." According to a Lehman Brothers analysis, the Studios made only $62 million for the first 2 Spider-Man movies. Marvel was making more from half the consumer product licensing fees while making relatively little from the movie, but was enough for Marvel to regain its financial footings. In October 2002, Marvel Studios announced deals for Sub-Mariner and Prime with Universal Studios.
Spider-Man (2002 film)
With "Spider-Man" cast, filming was set to begin the following November in New York City and on Sony soundstages. The film was set for release a year later, but when the film was postponed to be released on May 3, 2002, filming officially began on January 8, 2001 in Culver City, California. After the terrorist attacks on September 11, 2001, certain sequences were re-filmed, and images of the Twin Towers were digitally erased from the film. Sony's Stage 29 was used for Peter's Forest Hills home, and Stage 27 was used for the wrestling sequence where Peter takes on Bonesaw McGraw (Randy Savage). Stage 27 was also used for the complex Times Square sequence where Spider-Man and the Goblin battle for the first time, where a three-story set with a breakaway balcony piece was built. The scene also required shooting in Downey, California. On March 6, 45-year-old construction worker Tim Holcombe was killed when a forklift modified as a construction crane crashed into a construction basket that he was in. The following court case led to the California Division of Occupational Safety and Health to fine Sony $58,805.