Spider-Man will be back in the Marvel Cinematic Universe sooner than you might expect.

In the announcement for the third Tom Holland-starring Spider-Man film, Sony Pictures and Disney's Marvel Studios revealed the movie will hit theaters on July 16, 2021. At the time of writing, that puts the film less than two years out. It will release the same year as Doctor Strange in the Multiverse of Madness, Shang-Chi and the Legend of the Ten Rings and Thor: Love and Thunder.

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Per Marvel Studios president Kevin Feige, who will produce the film, this Spider-Man film will very much be part of the MCU. "I am thrilled that Spidey’s journey in the MCU will continue," he said in a statement. "As Sony continues to develop their own Spidey-verse you never know what surprises the future might hold."

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.

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Since then, some reports indicated a deal could still be reached between the two studios. Other declared it dead. After weeks of silence, a new agreement was announced earlier today. However, the terms of this deal have not yet been made public.

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.

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