In a shocking reveal, it has been reported that Sony Pictures has cut ties with Marvel Studios regarding any future Spider-Man films. According to Deadline, Marvel Studios president Kevin Feige won’t produce any further projects due to an inability by Disney and Sony Pictures to reach a deal.
Just days after it was revealed Spider-Man: Far From Home had become Sony’s highest-grossing film of all time the Studio has decided to nix all ties with Marvel Studios. Disney and Sony Pictures were attempting to reach a new deal that would have given the former a co-financing stake moving forward, but unfortunately, it seems the deal has soured. Disney asked that any future Spider-Man films be a 50/50 co-financing arrangement, a deal which may have extended to other films in the Sony universe of Marvel Characters.
Sony Pictures chief Tom Rothman and Sony Pictures CEO Tony Vinciquerra turned down the offer flat without attempting to figure out a compromise. Sony suggested keeping the current deal in place which sees Marvel receive 5% of first-dollar gross, a deal Disney refused. From henceforth Marvel Studios and Feige will have no say in the production of Spider-Man films. This is rather shocking given the reveal there are two more Spider-Man films in the works that are meant to have director Jon Watts and Tom Holland front and center.
It is not yet known if Marvel Studios and Sony Pictures will attempt to renegotiate given the fan backlash, but as or now it is not looking good for the webhead.
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