Spidey Is Officially Making His Way Back To The MCU
- Published: 28 September 2019
- At last, mom and dad are back together. That's right, Marvel friends and fiends: Sony Pictures, Marvel Studios, and the Walt Disney Company have finally set aside their differences, returned to the negotiation table, and agreed to make a third Spider-Man movie together.
Sony and Marvel confirmed on Friday, September 27th that an agreement had been reached to allow Marvel Studios president Kevin Feige to produce another Spidey flick to follow 2017's Spider-Man: Homecoming and 2019's Spider-Man: Far From Home. This means that the ever-charming Tom Holland, the third actor to step into the Spider-Man suit and the man largely considered the best Peter Parker yet, will indeed swing back into the Marvel Cinematic Universe and reprise his role as the friendly neighborhood hero.
The peace-restoring meeting happened just recently, with Marvel, Sony, and Disney executives inking the new deal on the evening of Thursday, September 26th. An important aspect of this agreement is, of course, the money, which is something that contributed to Sony and Marvel splitting in the first place. On August 20th, 2019, it was announced that the two studios were unable to see eye-to-eye on how to rework their 2015 deal that gave Feige producing power in the Spider-Man franchise, let Holland's Spider-Man appear in Marvel movies, and granted Disney, which owns Marvel Studios, five percent of day-one box office profits as well as all merchandising revenue.
Disney reportedly requested a 50 percent co-financing stake in the franchise, which Sony is said to have denied outright. Though subsequent reports claimed that the House of Mouse actually asked for a 30 percent share, it was evident that money was making both studios more than a little tense.
Thankfully, Sony, Disney, and Marvel brass have now agreed that the latter two companies will receive 25 percent of the profits on the third Spider-Man movie, with Sony retaining 75 percent. Additionally, Disney will continue earning merchandising profits.
This newly confirmed third Spider-Man movie doesn't yet have a title, but it does have a release date: July 16, 2021. It also has Homecoming and Far From Home producer Amy Pascal [PASS-kal] on board to continue her producing role.
Feige expressed gratitude and excitement about the new deal being struck, saying in a statement released alongside the news,
"I am thrilled that Spidey's journey in the MCU will continue, and I and all of us at Marvel Studios are very excited that we get to keep working on it. Spider-Man is a powerful icon and hero whose story crosses all ages and audiences around the globe." Keep watching the video to see it's Offical: Spider-Man is coming back to the MCU!