Well this is a shocking and disappointing turn of events. Despite the billion dollar success of the new Sony/Disney co-produced Spider-Man films, the two companies have apparently been at an impasse for months over a new deal to continue forward with more films. Deadline is reporting this means that Marvel Studios president Kevin Feige will not be producing any further films in the franchise, which in all likelihood means we potentially won’t be seeing the character appear at all in the Marvel Cinematic Universe going forward. According to the report, Disney and Feige wanted to renegotiate their co-producing deal with Sony to an even 50/50 split, with the possibility of carrying over into other “Spider-Man adjacent” films; not too surprising when you consider the combined almost $2 billion gross of both Spider-Man: Homecoming and Spider-Man: Far From Home and Marvel Studios’ hand in their success. The latter even eclipsed the 2012 James Bond film Skyfall as Sony’s highest grossing film of all time. Apparently, Sony’s Tom Rothman and Tony Vinciquerra didn’t feel quite as amenable to that deal and instead proposed keeping the arrangement’s current terms under which Marvel receives roughly 5% of first dollar gross. Disney in turn refused this counter offer and the partnership is on its way to a full-on dissolution.
Sources are saying Sony’s mood is essentially, “Thanks for the assist Marvel, but we’ve got it from here.” This is seemingly a risky move on their part, considering Feige’s value and track record as a producer. There hasn’t been a single flop in the MCU thus far, totaling a combined $26 billion gross currently. Early speculation also believes Sony’s $856.1 million gross from last year’s Venom may have played a factor in them considering they may no longer need Feige’s input to make a successful Spider-Man film. The recent Best Animated Feature Oscar they nabbed for Spider-Man: Into The Spider-Verse probably had something to do with it as well, considering Sony attained it with zero input from Feige or Marvel Studios.
An official Spider-Man sequel announcement was suspiciously absent from Marvel’s Hall H presentation at Comic Con last month, which subsequently makes sense if Feige saw the writing on the wall. Tom Holland is apparently still set to appear in two more Spider-Man films, with Spider-Man: Homecoming and Spider-Man: Far From Home director Jon Watts reportedly only attached to one of those. Sony is in development on a Venom sequel with Andy Serkis in the director’s seat and Tom Hardy returning to star, as well as the Morbius film starring Jared Leto currently shooting. Additionally, there’s rumors of a Kraven The Hunter solo film being considered not to mention the previously cancelled Silver Sable/Black Cat and Sinister Six films they could potentially resurrect as part of their long-gestating plans for a Spider-Man Cinematic Universe. One thing we can all agree on though, this is an extremely hard blow to fans and if Sony’s numerous past attempts to get their own Marvel movieverse off the ground are any indicators, this whole thing could potentially come back to royally bite them if they’re not careful.