True love never dies. After their brief breakup about a month ago, Disney and Sony have gotten back together, and fans across the MCU are cheering with joy.
Back in August, it looked as though we’d never get the answer to the major cliffhanger in Spider-Man Far From Home after reports that Sony and Disney couldn’t settle on the terms surrounding their joint-custody of Spider-Man. However, Sony and Disney have now come to a resolution that will keep Spider-Man in the MCU for another film.
“I am thrilled that Spidey’s journey in the MCU will continue,” announced Marvel President Kevin Feige. “All of us at Marvel Studios are very excited that we get to keep working on it.”
The initial breakup happened over the summer when Disney, who wanted the film to be financed on a 50/50 basis, didn’t get their way. Sony had proposed keeping the current terms which, though void of the 50/50 agreement, would guarantee that Marvel received 5% of first-dollar gross and all merchandising revenues. In the new deal signed September 26th, Marvel will receive 25% of the profits and allow Kevin Feige to produce the project. Disney will also finance about 25% of the project, and Spider-Man will appear in a future Marvel Studios film.
Disney and Sony have officially announced that the third Spider-Man movie with Tom Holland in the lead role will release on July 16th, 2021.
With news of this reconciliation, Holland posted a clip from The Wolf of Wall Street on his Instagram. In the clip, Leonard DiCaprio’s character can be seen shouting, “The show goes on!”
We couldn’t have said it better ourselves, and can’t wait for the show!