The 127 Hours star, who played Harry Osborn in Sam Raimi's Spider-Man trilogy, believes film bosses should have waited a while before introducing Andrew Garfield as Peter Parker.
As part of a review of the new Superman movie, Man of Steel, in Vice magazine, Franco writes, "I too have been in comic-book films - the Spider-Man trilogy directed by Sam Raimi. I mention the director because this distinction is now necessary in the wake of the new Spider-Man series that arose even before there was time to bury the corpse of the old one and enshroud it in the haze of nostalgia.
"I don't have a huge emotional attachment to the Spider-Man franchise... (and) I don't really feel much distress over its being remade, for many reasons, but what is interesting to me is that it has been remade so quickly - and the reasons why.
"The answer is, of course, money. We are in the film business, and the studios are owned by large corporations who want to make money. And, in this art form, where so much is spent and so much profit can be made, one criterion for success is inevitably the financial.
"When movies become so big that they can make $200 million in one weekend, like The Avengers did, everyone from studios to filmmakers are going to want to get in on making comic-book movies."
Earlier this week (beg17Jun13), Sony bosses announced they will produce a total of four films featuring Garfield as Spider-Man. A sequel to the 2012 film is currently filming and two more sequels will hit cinemas in 2016 and 2018.