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Sony & Marvel Strike Deal for Third Spider-Man Film

Spider-Man is back in the Marvel Cinematic Universe!

Sony Pictures and Disney's Marvel Studios have agreed to co-produce an as-yet untitled third Spider-Man film starring Tom Holland. Marvel Studios President Kevin Feige and Sony's Amy Pascal will oversee for their respective studios. This deal will also open Holland's Spider-Man up to appear in a future Marvel Cinematic Universe movie.

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“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,” Feige said in a statement. “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.”

“This is terrific. Peter Parker’s story took a dramatic turn in Far From Home and I could not be happier we will all be working together as we see where his journey goes,” added Pascal, who co-produced the first two Homecoming films through Pascal Pictures. “This has been a winning partnership for the studios, the franchise and the fans and I’m overjoyed it will continue.”

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Last month, Sony and Marvel reached a standoff over rights to the character. Reportedly, Disney asked for all future Spider-Man projects to be a 50/50 co-financing arrangement between Marvel and Sony but the latter declined. Instead, Sony proposed leaving the current deal untouched, meaning Marvel would continue to receive approximately 5% of first-dollar gross while maintaining merchandising rights, which Disney refused.

Since then, some reports indicated a deal could still be reached between the two studios. Other declared it dead. After weeks of silence, this new agreement revealed Spider-Man will return to the MCU after all. However, the terms of this deal have not yet been made public.

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Helmed by Jon Watts, Spider-Man: Far from Home stars Tom Holland, Samuel L. Jackson, Zendaya, Cobie Smulders, Jon Favreau, JB Smoove, Jacob Batalon and Martin Starr, with Marisa Tomei and Jake Gyllenhaal. The film is now available on Digital HD and arrives on Blu-ray and 4K UHD Oct. 1.

The as-yet untitled third Spider-Man film starring Tom Holland releases on July 16, 2021.

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The full press release appear unaltered below:

Sony Pictures Entertainment and The Walt Disney Studios jointly announced today that Marvel Studios and its President Kevin Feige will produce the third film in the SPIDER-MAN HOMECOMING series, starring Tom Holland. The film is scheduled for release on July 16, 2021. As part of the arrangement, Spider-Man will also appear in a future Marvel Studios film. Amy Pascal will also produce through Pascal Pictures, as she has on the first two Holland-led films.

“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 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.”

“This is terrific. Peter Parker’s story took a dramatic turn in Far From Home and I could not be happier we will all be working together as we see where his journey goes,” said Pascal. “This has been a winning partnership for the studios, the franchise and the fans and I’m overjoyed it will continue.”

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