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 in film
Months later, James Cameron submitted an undated 57-page "scriptment" with an alternate story (the copyright registration was dated 1991), part screenplay, part narrative story outline. The "scriptment" told the Spider-Man origin, but used variations on the comic book characters Electro and Sandman as villains. This "Electro" (named Carlton Strand, instead of Max Dillon) was a megalomaniacal parody of corrupt capitalists. Instead of Flint Marko's character, Cameron's "Sandman" (simply named Boyd) is mutated by an accident involving Philadelphia Experiment-style bilocation and atom-mixing, in lieu of getting caught in a nuclear blast on a beach. The story climaxes with a battle atop the World Trade Center and had Peter Parker revealing his identity to Mary Jane Watson. In addition, the treatment was also heavy on profanity, and had Spider-Man and Mary Jane having sex on the Brooklyn Bridge.