Marvel & Sony Strike A Deal to Keep Spider-Man In the MCU.
It’s been no secret that Marvel Studios and Sony Pictures haven’t seen eye to eye. Earlier this summer we heard the news that Spider-Man would be leaving the Marvel Cinematic Universe. Due to the fact, the two studios couldn’t come to an agreement on the beloved hero. Today, Disney/Marvel and Sony laid everything on the table and have struck a deal. A deal that will have Marvel produce another Spider-Man film for Sony Pictures. And Tom Holland will reprise the role of Spidey. The new film even has a release date: July 16, 2021.
Marvel Studios president Kevin Feige says:
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.
The two Studios signed the deal late Thursday night. The negotiations involved execs from both studios. Including Sony Pictures chief Tom Rothman, Feige, and Walt Disney Studios exec Alan Horn. As of now the deal will include lending Feige’s producing touch, Marvel and Disney will receive roughly 25% of the profits, according to insiders, as reported by Variety. Disney will retain its merchandising rights.
Furthermore, as part of the deal, Spider-Man will also appear in one future Marvel Studios film.
Amy Pascal, the chairperson of the motion pictures group of Sony Pictures Entertainment, was equally excited in her statement:
This is terrific. 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.
Robert Lawson, chief communications officer for Sony Pictures Entertainment, also stated:
We have had a great collaboration over the last four years, and our mutual desire to continue was equal to that of the many fans. We are delighted to be moving forward together.