Spider-Man to Stay in MCU: Fox & Sony Reach an Agreement

After a brief break up, #SonyPictures and #Marvel have found a way to get back in the #SpiderMan business together and keep him in the #MCU. On Friday, the two companies jointly announced that #MarvelStudios and its president, Kevin Feige, will produce the 3rd film in the “Spider-Man: #Homecoming” series and that it will once again feature Tom Holland reprising his role as the titular hero.

The rumor mill had roared back to life this week with hints that the two companies were close to brokering a new agreement, which was signed late on Thursday night.

The negotiations included top players from both studios, including Sony Pictures chief Tom Rothman, Feige and #WaltDisneyStudios co-chairs Alan Horn and Alan Bergman. In exchange for lending Feige’s producing prowess, Marvel and #Disney will receive roughly 25% of the profits, according to insiders. Disney will retain its merchandising rights and will put up roughly a quarter of the financing. As part of the arrangement, Spider-Man will also appear in one future Marvel Studios film.

The next MCU Spider-Man film is slated to be released on July 16, 2021.

In a statement, Feige said,

“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. He also happens to be the only hero with the superpower to cross cinematic universes, so as Sony continues to develop their own Spidey-verse you never know what surprises the future might hold.”

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