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Spidey’s Back in the MCU!

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Back in August, SONY and Disney’s talks over a third  Spider-Man installment in the film’s franchise appeared ago be  DOA, as the studios were at an impasse over negotiations.

SPIDER-MAN: ™ FAR FROM HOME

Well last night they put all that aside and announced that they had come to a deal.

According to Deadline: “Sony has agreed to the terms that Disney originally proposed for its participation in a future Spider-Man sequel where by Disney/Marvel would co-finance 25% of a third Homecoming movie for a 25% equity stake. The deal also calls for Spider-Man appearing in more Disney/Marvel movie. Sony wins here in continuing a series that will likely give it another $1 billion-plus grossing film, while keeping intact the creative steering of Walt Disney Marvel Studios head Kevin Feige which led to two of the best and most profitable fan pleasing pics in the Spidey film canon together grossing $2 billion worldwide.”

“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,” Feige said 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 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.”

Pascal was equally euphoric in her statement. “This is terrific,” she said. “Peter Parker’s story took a dramatic turn in ‘Far From Home’ and I could not be happier we will all be working together as we see where his journey goes.”

Marvel has licensed the rights to Spider-Man to Sony for nearly two decades, an agreement they forged prior to Disney’s $4 billion acquisition of the comics company in 2009. Sony achieved critical and financial acclaim with its first round of Spider-Man movies, which were directed by Sam Raimi and starred Tobey Maguire. Its second effort, starring Andrew Garfield and directed by Marc Webb, were far less successful, sending the studio back to the drawing board.

Read the full story here.

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