Spider-Man Back In Action As Sony Agrees To Disney Deal For New Movie, Return To MCU: How Spideys Web Got Untangled
UPDATED: Sony and Walt Disney Studios Marvel, headed by Kevin Feige, have mended fences and will team on the third Spider-Man: Homecoming pic together with Tom Holland starring. As part of the arrangement, Spider-Man will also appear in a future Marvel Studios film. No matter what nasty backroom dealings there were as this deal came together, its the fans who won today as the extension of the webslinger into the Avengers movies and Captain America: Civil War, and Feiges creative fingerprints on the last two Spidey have all together amassed close to $8 billion for those five movies. Deadline always had a sense that there was a possibility that Sony and Marvel would come together on this. The third film is scheduled for release on July 16, 2021. Amy Pascal will also produce through Pascal Pictures, as she has on the first two Holland-led films.
How did this deal come together? We hear that Sony finally agreed to Disney/Marvels initial ask that the Culver City studio balked at: a 25% co-finance stake which gives Disney/Marvel a 25% equity stake in the Sony movies. The deal was signed last night. Disney already owns the merchandise on Spider-Man. The original Sony-Marvel deal over the last two Spider-Mans saw Disney getting an estimated 5% of first gross dollar,and those were terms that the Burbank studio did not want to move forward with. At one point , Disneys side heated to a 50/50 co-finance ask before both parties walked away.
“I am thrilled that Spideys 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,” said Feige in a statement. “Spider-Man is a powerful icon and hero whose story crosses all ages and audiences around the globe. He also happens to be the only hero with tRead More – Source
