Spider-Man: Jon Watts Nears Deal to Direct Third Tom Holland Spidey Film

Spider-Man Far From Home feature

Director Jon Watts is in talks to helm the third film in Tom Holland's Spider-Man trilogy.

The news comes on the heels of today's announcement that Sony Pictures and Marvel Studios will partner for a third film in the Homecoming series. According to Deadline, there is a hope the deal will wrap soon, as Sony and Marvel/Disney wanted to finalize the co-financing agreement first, before turning attention to signing Watts.

RELATED: EXCLUSIVE: How Spider-Man: Far From Home Filmed a New Scene Iron Man Scene

Watts directed Holland in Spider-Man: Homecoming and Spider-Man: Far From Home, with the franchise grossing $2 billion.

Continue scrolling to keep reading Click the button below to start this article in quick view.

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. News of the split left many fans wondering what the future would hold for Spider-Man and the MCU.

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.

RELATED: REPORT: Spider-Man Deal Features New Profit Split, One More MCU Appearance

A third film in the Spider-Man: Homecoming series is scheduled to hit theaters on July 16, 2021.

Maleficent: Mistress of Evil Is Basically X-Men, But With Fairies

More in Movies