On Friday, Variety revealed Sony Pictures and Marvel Studios had agreed to keep Spider-Man in the Marvel Cinematic Universe (MCU). The Tom Holland version of the web-slinger first appeared in 2016’s “Captain America: Civil War.” The character has since starred in two solo films and 2018’s “Avengers: Infinity War” and 2019’s “Avengers: Endgame.” But in August, the two studios announced Spider-Man’s MCU ties would be cut because they couldn’t come to financial terms.
Thankfully, Sony and Marvel have struck a new agreement that will keep the movie franchise’s fans happy.
New Spider-Deal Details
As part of the new deal, future Holland Spider-Man films can keep referencing and featuring characters from the MCU. Conversely, the agreement also allows Spidey to appear in one forthcoming Marvel movie. Moreover, Marvel will receive around 25 percent of the profits from future Sony-made movies starring Holland’s Peter Parker. Besides, Marvel Studios President Kevin Feige will produce the web-slingers next solo feature as he did with his first two.
Variety reports Feige, Sony Pictures head Tim Rothman, and Walt Disney Studios Chairman Alan Horn negotiated the new pact.
Sony will distribute the as-yet-untitled third MCU Spider-Man film on July 16, 2021.
Feige issued a statement expressing his excitement about the new agreement. “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.”
Why Sony and Marvel Broke Up
Initially, Sony and Marvel fell out because they disagreed on how to divvy up the money generated by the Spider-Man films. Even though the current iteration of Peter Parker is deeply ensconced in the MCU, Marvel only received 5 percent of the first-dollar gross of the web-slinger’s movies. After this year’s “Spider-Man: Homecoming” made over a billion dollars at the box office, Marvel wanted to renegotiate terms.
However, Sony didn’t want to make a new deal. The film studios executives reportedly felt the franchise didn’t need its MCU connections to be successful. The corporation reckoned that the success of “Venom” and “Spider-Man: Into the Spider-Verse” meant it didn’t need Marvel anymore.
As such, the two entertainment industry powerhouses decided to go their separate ways last month. In response, fans of Spider-Man and the MCU took to social media to vent their extreme dissatisfaction. Indeed, as opposed to the Tony Maguire and Andrew Garfield iterations of Spider-Man, Holland’s is part of a larger universe. “Civil War” established him as Iron Man’s protégé. Moreover, both of his villains have connections to Tony Stark.
Removing Spider-Man from the MCU would’ve damaged both franchises. If Peter Parker couldn’t reference his past, his future adventures would be very awkward narratively. Moreover, if Marvel wants to release another “Avengers” film, it wouldn’t make sense to exclude Spidey from the team without explanation. So, Sony and Marvel’s new deal is a good thing for both studios and the fans.
Predictably, Marvel aficionados (and one Marvel star) took to social media to express their happiness at Spider-Man’s return to the MCU. Here are some of their best tweets.
— Zendaya (@Zendaya) September 27, 2019
— Ziggy (@mrjafri) September 27, 2019
— Ryan Wright (@RyanPWright) September 27, 2019
— ⎊ Marti misses Tony || #Betrayal (@artxtom) September 27, 2019
— shinsuke flockamura 🇬🇭🐶⚡️ (@Addo_Man) September 27, 2019
— Culture Crave 🎥 (@CultureCrave) September 25, 2019
TFW Spidey is back in the MCU for Spider-Man 3 and another movie beyond that: pic.twitter.com/YtgJgyiezX
— Jeremy Conrad (@ManaByte) September 27, 2019
Spidey 🕸 pic.twitter.com/2hK5J6V97d
— Marvel Universe (@77MCU) September 26, 2019
#SpiderMan is back in the MCU for a third film coming in July 16, 2021
SPIDEY STANS, HOW ARE WE FEELING?! pic.twitter.com/amL2NARSLQ
— dani. (@miasthermopolis) September 27, 2019
— Ryan Reynolds (@VancityReynolds) September 26, 2019
— Nicholas Whitcomb (@Whos_Nick) September 27, 2019