Spider-Noir was always a risky project to greenlight, but Sony and Amazon MGM Studios decided to bet on it either way. The show marked a darker take on a usually light-hearted character, and instead of watching Peter Parker save the day, audiences witnessed Ben Reilly slowly relearn how to be a hero. On the one hand, the leap of faith proved to be worth it, as this noir mystery story was released to outstanding critical success. It even broke a record by becoming the most awarded Marvel show ever at the Emmys. On the downside, it's very likely that the project didn't manage to break even.
Spider-Noir had a reported budget of $400 million. For comparison, Avengers: Endgame—a massive crossover project that starred many heroes such as Iron Man, Captain America, and Thor—had an estimated budget between $356 million and $400 million. Part of the reason the wall-crawler's live-action series was so expensive to produce was that it needed a year's worth of reshoots to ensure the episodes could also be seen in the True-Hue Full Color format, alongside Authentic Black & White.
Spider-Noir was viewed for a total of 2.6 billion minutes during its first six weeks on air. On paper, this number could seem like a massive success. However, it's worth keeping in mind that the viewership was distributed across a total of eight episodes. For reference, the first season of Loki was viewed 3.39 billion minutes during its first six weeks, and it managed to reach such a record with just six episodes. Unfortunately, this resulted in Spider-Noir's cancellation, but it seems Sony and Amazon MGM Studios don't have any intention of backing down from the superhero fantasy.
One or two new Spider-Man shows will reportedly be greenlit after the cancellation of Spider-Noir
According to a report by entertainment outlet The Ankler, Sony and Amazon MGM Studios are developing four different scripts for a new Spider-Man TV series, with the following writers working on them: Ben H. Winters (Legion), Alison Tatlock (Stranger Things), Megan McDonnell (WandaVision), Kelvin Yu (American Born Chinese), and Ben Nedivi & Matt Wolpert (The Umbrella Academy).
The intention will be to greenlight at least one or two of these projects, which are likely to star different Spider-Man variants. Speaking with SFX Magazine (via GamesRadar) in April, Spider-Noir showrunner Oren Uziel revealed that these other shows will also feature a genre that best fits their titular characters:
"I'm focused on Spider-Noir, but I know there are others in the works. I've talked a bit to the people working on them, and I think they are very exciting. They're following a little bit of that same formula, that same idea of taking a genre and elevating it by putting a Spider-variant into it. It opens up a whole new world, and it's just an extremely exciting opportunity."

Spider-Man is a hero with a rich comic-book background that encompasses many universes and characters. However, there are a few variants of the wall-crawler who are a little more popular than others. With that in mind, it's likely that Sony and Amazon MGM Studios will pivot to a well-known character, potentially resulting in even higher ratings.
Miles Morales, Ghost Spider (or Spider-Gwen), Miguel O'Hara, and Cindy Moon are some of the biggest Spider-Man names aside from Peter Parker. Interestingly, the latter was also supposed to have her own standalone series developed by Amazon, but the project was ultimately axed. However, there's a chance that Cindy's story will be revisited moving forward.
Perhaps the most obvious choice is Miles Morales, although Tom Holland has stated that he already knows "when" (not if) the character is coming to the Marvel Cinematic Universe. If there's a version of Miles swinging across New York's skyline on the big screen, it's unlikely that a different actor will portray the same role in a live-action show. That means Ghost Spider could be one of the Spider-variants best suited for a series developed by Sony and Amazon MGM Studios.
Until an official announcement comes from Marvel, it's best to assume that Spider-Man's future on the small screen has come to an end. However, it isn't far-fetched to assume the studios behind the production of Spider-Noir learned from the show's successes and failures to make even more successful projects in the future (which won't need a $400 million budget this time around).
All episodes of Spider-Noir are out on Prime Video.
