Zendaya has reacted to the news that Sony Pictures and Marvel Studios have reached a joint agreement to produce a third Spider-Man film.The Spider-Man: Homecoming and Spider-Man: Far From Home star posted an animated GIF on Twitter of the web-slinger performing a spirited dance, obviously showing his fans just how happy he is to be returning to the Marvel Cinematic Universe.RELATED: Spider-Man 3: Sony/Marvel Announce Release DateWhile no caption accompanies the GIF, it would appear Zendaya is very pleased with the new development in Spider-Man's film rights.

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.

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

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