After a five week break-up, which felt like 40 years because time has no meaning anymore, Sony and Marvel have reached a new deal that will keep Spider-Man in the Marvel Cinematic Universe for at least two more films. The news arrives after a nasty custody battle that caused intense backlash from the fan continuity, but before everyone gets too excited, the details of this thing are less “Mom and Dad are back together!” and more “Fine, we’ll go to counseling. For the kids.”
As of now, the terms are Marvel will wrap up the sequel to Spider-Man: Far From Home, and in return Sony will let Marvel use Spider-Man for one more MCU film. That’s it.
In the meantime, this quote from Kevin Feige sure sounds like Sony can cram Spider-Man into the 80 million spin-offs it’s planning like the recently announced Madame Web movie, which is something Feige has been adamantly against in the past and has been a point of contention after he made Sony cut Tom Holland’s cameo in Venom even after it was filmed.
“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 Marvel topper Kevin Feige. “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.”
THR also reports that “depending on how things go, more movies could be in the offing,” so that’s not exactly a definitive return for Spider-Man to the MCU. Because at this stage, it looks a lot like Marvel and Sony both have an opportunity to tie up loose ends in their respective cinematic universes and could just as easily part ways again. Or they could continue to play nice because they definitely have the money figured out.
Sony has agreed to the terms that Disney originally proposed for its participation in a third Spider-Man movie where by Disney/Marvel would co-finance 25% of a third Homecoming movie for a 25% equity stake. The deal also calls for Spider-Man appearing in one more Disney/Marvel movie. This is also a big win for Sony here in continuing a series that will likely give it another $1 billion-plus grossing film along with an 8% distribution fee or higher. Additionally, the deal keeps intact the creative steering of Walt Disney Marvel Studios head Kevin Feige who led two of the best and most profitable fan pleasing pics in the Spidey film canon together grossing $2 billion worldwide.
I should probably note that Deadline’s reporting changes every time you refresh the page, but that 25% figure has remained consistent and is definitely in the ballpark of earlier reports that Marvel wanted 30% share of the profits. But, again, I’m not entirely sure that money is what’s going to make or break this reunion. The big question mark is what happens when Sony gets to run wild with Spider-Man in its slowly forming cinematic universe. Is Marvel still going to want to use the character after he’s been shoved into God knows what? Or will Sony want to share if they find success on their own?
Guess we’ll find out!
Header Image Source: Marvel/Sony