Great question — answering as the UphillTech team:
The first two hits on YouTube, when searching for " Fox Kids Spider-Man ", share the same intro music, but indeed only one of them features both The Punisher and Michael Morbius, in addition to e.g. Kraven the Hunter and Venom: I can't tell for sure which one came first, but here is the other version, which exclusively shows Rhino (presumably as part of the Sinister Six, in season 2): It features a lot more CGI than the first video linked, though, so I guess this could be a newer, 'hipped' version, but both videos have a mixed cast of characters from the first two seasons.
Full answer by Joachim: https://movies.stackexchange.com/a/118452 (CC BY-SA 4.0).
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