phew

Sony and Marvel Have Officially Agreed to Co-Parent Spider-Man

Photo: Marvel Studios

Sony Pictures and Marvel Studios have finally decided to put aside their irreconcilable differences for the sake of their child, Spider-Man. The two companies announced that Marvel Studios and its president, Kevin Feige, will continue to produce the Spider-Man: Homecoming series. That means innocent bystanders Tom Holland, Zendaya, and Marisa Tomei will be back for a third Spider-Man, set for release on July 16, 2021, according to statements obtained by Variety. Tom Holland’s Spider-Man is also set to make an appearance in a separate Marvel film. In August of this year, reports that Disney and Sony were unable to reach an agreement regarding financing led to the rumor that Disney would pull its producing team, including Feige. Disney was out for a 50/50 financing deal, whereas Sony wanted to keep the original deal, where Disney receives 5 percent of first-dollar gross and all of the merchandising profits. “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,” 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 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.”

Sony and Marvel Officially Agree to Co-Parent Spider-Man