The studio’s desire to capitalize on the superhero boom led to a series of tonal mismatches that left audiences confused rather than intrigued. “Venom” succeeded largely on Tom Hardy’s chaotic charm, but attempts to replicate that formula with “Morbius” and “Madame Web” resulted in films that seemed uncertain whether they were horror, action or comedy.
It wasn't just that they are tonally confusing. Morbius and Madame Web were really bad movies. The writing for each was terrible, the effects were bad, the direction was bad, neither movie had any redeeming qualities. I love those characters, and I would love to see what Disney could do with them, but Sony was transparently making minimally viable products to keep the valuable IP rights.
That's not to say Disney can't make a bad product. But the worst parts if the MCU were far better than the best parts of the Venomverse.