Producers Avi Arad and Matt Tolmach confirmed that the movie is currently still in pre-production, and will begin principal photography in early 2019. 

It seems that Sony aren't too disgruntled by 'Venom's poor reviews (it's currently sitting at an un-fresh 30% on Rotten Tomatoes), as the momentum for their other anti-hero movie 'Morbius, the Living Vampire' is still swinging ahead. Jared Leto is indeed still attached to take on the title role, and Director Daniel Espinosa (Safe House) is also keen to get started. 

Collider recently chatted with 'Venom's producers Arad (who has worked on literally every 'Spider-Man' movie and TV series) and Tolmach ('Spider-Man: Homecoming') about when we can expect the movie to start shooting. Arad was quoted as saying, a hesitant, "more or less, February?".

Here's hoping that the producers take everything that they brought to Tom Hardy's 'Venom', and throw it out the window, because we don't want to see Leto fail at another comic book movie

Hardy's 'Venom' and Leto's 'Morbius' seem to only be the tip of the iceberg in terms of what Sony have planned for the future. Also in the works at the studios are a plethora of other 'Spider-Man' villains lined that will shared their own movie universe, from 'Kraven the Hunter', and 'Silver Sable' to the rumoured go-big-or-go-home 'Sinister Six'. 

Hopefully we'll get a reveal of Leto as 'Morbius' soon - it'll be interesting to see how they adapt  the character to look on the big screen.