Spider-Man Back in The MCU; Sony & Disney Make-Up

[Nutso]

Spider-Man Will Stay in the Marvel Cinematic Universe

After briefly breaking up, Sony Pictures and Marvel have found a way to get back in the Spider-Man business together.

On Friday, the two companies jointly announced that Marvel Studios and its president, Kevin Feige, will produce the third film in the “Spider-Man: Homecoming” series. It will once again feature Tom Holland reprising his role as the titular hero. The rumor mill roared back to life this week with hints that the two companies were close to brokering a new agreement.

Over the summer, news broke that the Disney, Marvel’s parent company, and Sony had reached an impasse over a new financing deal. Disney wanted the film to be financed on a 50/50 basis, with Feige remaining in a consulting producer capacity. Sony is believed to have proposed keeping the arrangement under the current terms, which stipulate that Marvel receives about 5% of first-dollar gross and all merchandising revenues.

The new deal was signed late on Thursday night. Negotiations involved top players from both studios, including Sony Pictures chief Tom Rothman, Feige and Walt Disney Studios co-chairs Alan Horn and Alan Bergman. In exchange for lending Feige’s producing prowess, Marvel and Disney will receive roughly 25% of the profits, according to insiders. Disney will retain its merchandising rights and will put up roughly a quarter of the financing. As part of the arrangement, Spider-Man will also appear in one future Marvel Studios film.

The film is scheduled for release on July 16, 2021. Amy Pascal will also produce through Pascal Pictures, as she has on the first two Holland-led films.

[RK_Striker_JK_5]

Well, thank fucking God!