Sony and Walt Disney Studio’s Marvel, headed by Kevin Feige, have mended fences and will team on the third Spider-Man: Homecoming pic together with Tom Holland starring. 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. As part of the arrangement, Spider-Man will also appear in a future Marvel Studios film. Amy Pascal will also produce through Pascal Pictures, as she has on the first two Holland-led films.
“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.”
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“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,” said Pascal. “This has been a winning partnership for the studios, the franchise and the fans and I’m overjoyed it will continue.”
Deadline reported exclusively on the Spider-Man Sony/Marvel battle with Feige initially stepping away over money with Disney seeking a 50/50 co-fi stake. All of this because Feige’s continued guiding hand resulted in the delivery of Sony’s biggest grossing film ever with $1.1 billion. 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.