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Spider-Man will stay in Marvel Cinematic Universe as Sony, Disney reach deal

Posted: 10:13 AM, Sep 27, 2019
Updated: 2019-09-27 12:24:42-04
Spider-Man will stay in Marvel Universe as Sony, Disney reach deal

LOS ANGELES – It was touch and go for a while, but Spider-Man will stay in the Marvel Cinematic Universe.

Sony Pictures and Marvel announced Friday that Marvel will produce a third film in the “Spider-Man: Homecoming” series, once again starring Tom Holland.

The third film was in limbo after news broke over the summer that Disney, Marvel’s parent company, and Sony had failed to strike a new financing deal.

Variety reports that a deal was signed late Thursday night. In exchange for lending the production prowess of Marvel President Kevin Feige, insiders tell Variety that Marvel and Disney will receive about 25% of the profits and Disney will retain its merchandising rights.

The deal also reportedly stipulates that Spider-Man will appear in one future Marvel Studios film.

The third “Homecoming” film is scheduled to be released on July 16, 2021, according to Variety.