Originally Posted by metaphysician
I don't know. Spirit of Vengeance made only 132M, but its budget was 57M. I suspect it actually did make a profit, Sony just decided that it had no future.
And really, why do people keep bringing up Sony with regard to Punisher? Sony never had anything to do with Punisher.
It was produced by Artisan Entertainment/Columbia Tristar which is a subsidiary of Sony Pictures. Sony owned the film rights as the parent company. They also at one time owned the rights to Doctor Strange, which is why they were allowed to reference the character in Spider-man 2.