The highly anticipated sci-fi action film Venom 3, starring the talented Tom Hardy in the lead role, finally has an official release date. Fans can mark their calendars for July 12, 2024, as the day they get to witness the next instalment of the thrilling franchise on the big screen.Venom 3 is scheduled for release on July 12, 2024 pic.twitter.com/OnhjH7xs60— Venom 3 News (@VenomStripe30) July 29, 2023US-based media outlet Variety shared that the threequel in the Venom franchise is currently untitled.Its worth noting that Tom Hardys previous two films, Venom (2018) and Venom: Let There Be Carnage (2021), both made their debuts in early October. However, this time, Sony has strategically positioned Venom 3 in between two major releases: Disneys Mufasa: The Lion King (July 5, 2024) and Universals Twisters (July 19, 2024).Sony confirmed production for Venom 3 during the CinemaCon in 2022, delighting fans of the symbiotic superhero. The first Venom film was a massive success, grossing an impressive $856 million worldwide. Although Let There Be Carnage faced challenges due to the pandemic, it still managed to earn $502 million globally.Tom Hardys return as Eddie Brock in Venom 3 is highly anticipated, especially since the lead actor signed up for three movies back in 2018. The movie will see the return of Kelly Marcel as the screenwriter and director.Despite the script already being in development since early 2022 and filming beginning on early June 2023, production has been temporarily halted due to the ongoing SAG-AFTRA strike affecting Hollywood. However, filming is expected to resume soon and will take place in London and Spain, among other places.Sony reveals release date for Bad Boys, removes Spider-Man sequelIn addition to the exciting Venom 3 announcement, Sony Pictures revealed plans for the fourth instalment of the beloved Bad Boys franchise. Starring Will Smith and Martin Lawrence, the yet-to-be-titled sequel is set to hit theatres on June 14, 2024, coinciding with Fathers Day weekend. However, this release date places the action-packed movie in direct competition with Disney and Pixars Inside Out 2.Sony made several other significant adjustments to their release calendar. Kraven the Hunter and a Ghostbusters sequel were pushed back to 2024, while Spider-Man: Beyond the Spider-Verse was removed from the schedule, as reported by Variety.Looking back at the success of the Bad Boys franchise, the 2003 sequel Bad Boys II grossed an impressive $273 million worldwide, while the first Bad Boys movie raked in $141 million. However, Bad Boys for Life managed to surpass the combined earnings of the first two films.