Spider-Man: Far From Home

After a brief diatribe, Sony Pictures and Marvel found a new agreement regarding the Spider-Man character.

Yesterday, the two companies announced that Marvel Studios and its president, Kevin Feige, will produce the third film in the series “Spider-Man: Homecoming” . Tom Holland will resume his starring role

The previous agreement between Sony and Marvel Studios

Previously, the news that the Disney , the parent company of Marvel, and the Sony had reached a standstill for a new deal for the Spider-Man character. Disney demanded that the film be funded at 50% from the two companies, with Feige as a producer. It is believed that Sony has proposed to maintain the agreement under the current conditions, which provided for revenue for Marvel of around 5% of gross revenue from the first day of programming and all merchandising revenues.

The new agreement was signed on Thursday evening. Marvel and Disney will receive about 25% of profits , according to the experts. Disney will retain its merchandising rights and pay about a quarter of the funding. As part of the deal, Spider-Man will also appear in a future Marvel Studios movie.

The release of the new wall-climbing film is scheduled for 16 July 2021. Amy Pascal will produce the film, as happened for the first two chapters.

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“I am thrilled that Spidey's journey into the MCU will continue, and I and all of us at Marvel Studios are very excited about be able to continue working on it, “Feige said in a statement. “Spider-Man is an icon and a hero whose story spans all ages and audiences around the world. It is also the only hero with the ability to traverse film universes, so while Sony continues to develop its Spidey universe, you never know what surprises the future might hold. “

Credits: Marvel

Read also: QUIZ: How well do you know the actors of the Avengers and the MCU?

Marvel has licensed the rights of Spider-Man to Sony nearly twenty years ago, an agreement they signed before Disney's acquisition of Marvel, for a sum of 4 billion dollars in 2009.

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Source: Variety


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